Professional in Human Resources: Compensation

Exam Content 2018
  • 18 Videos | 2h 17m 31s
  • Includes Assessment
  • Earns a Badge
  • Certification CPE
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It's not all about the money…or is it? In this course, you'll explore the different types of compensation and how to determine how much an individual is paid and by what type of compensation based on the type of work being done. Though HR is not responsible for payroll, they are usually the first line of response, so understanding how payroll works and verifying calculations will be important.

WHAT YOU WILL LEARN

  • discover the key concepts covered in this course
    distinguish between direct and indirect compensation programs
    recall the foundational federal laws and regulations related to foundational compensation activities
    recall the federal laws and regulations related to compensation activities prior to 1995
    recall the federal laws and regulations related to compensation activities after 1995
    identify the types of base payment methods
    distinguish the types of wage payment methods
    identify the mandatory differential payment methods
    identify the types of variable compensation programs
  • identify the types of incentive programs paid for based on combined efforts
    define the types of payment variations
    describe the elements of executive compensation
    recognize the close interaction between HR and payroll processes
    troubleshoot payroll issues to address employee concerns
    describe the process for calculating multiple straight-time rates of pay
    calculate overtime on a piece-rate plan
    recognize when the company needs to contribute to payments for tipped employees
    summarize the key concepts covered in this course

IN THIS COURSE

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