Senior Professional in Human Resources: Job Architecture
Expert
- 12 videos | 1h 11m 53s
- Includes Assessment
- Earns a Badge
- CPE
Why is there always so much confusion on how much to pay for a job when there is a very well defined process? Let's uncover this well-kept secret and why there is confusion. In this course, you'll also learn how to squash all the noise and better respond to inquiries on how salaries for jobs are derived. This course can be used in preparation for the HR Certification Institute(r) (HRCI(r)) SPHR(r) certification exam.
WHAT YOU WILL LEARN
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discover the key concepts covered in this course
identify the key components of the job architecture framework
specify the value of the job structure process
identify the documentation derived from the job analysis process
distinguish between exempt and nonexempt employees
list the methods of job evaluation -
identify the steps in compensation benchmarking
identify the steps for building a pay structure
identify how pay grades and ranges are defined
specify the factors in determining an employee's pay
specify the range for pay transparency
summarize the key concepts covered in this course
IN THIS COURSE
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1m 33sAfter completing this video, you will be able to discover the key concepts covered in this course. FREE ACCESS
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5m 13sJob architecture is the foundation of an effective pay program design, and determines a job's value based on talent drivers, business needs, and market practices. An efficient framework provides the infrastructure for human capital and financial practices. In this video, you’ll learn about the key components of a job architecture framework. FREE ACCESS
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3. Job Structure6m 3sJob structure reflects the external and internal value of jobs, resulting in a legally defensible and equitable pay system. In this video, you’ll learn how a job structure helps rectify pay practices, close gender pay gap and build a diverse workforce. You’ll also learn how to control total rewards using ranges, budgeting and auditing. FREE ACCESS
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4. Job Analysis6m 33sJob analysis helps HR professionals understand the skills a job requires. In this video, you’ll learn about job descriptions and specifications. You’ll also learn how documenting job competencies, performance standards and job profiles helps talent acquisition, rewards, and employee and labor relations. FREE ACCESS
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5. FLSA Exemption Status13m 39sExempting employees from Fair Labor Standards Act (FLSA) can have costly consequences. In this video, you’ll learn about DOL’s exemption test, and two methods to safeguard exemption status. You’ll also learn about executive, professional, administrative, outside sales employee, and computer employee exemptions used in job classification. FREE ACCESS
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6. Job Evaluation10m 56sJob evaluation or valuation is the process of determining a job's relative worth to ensure equitable pay. In this video, you’ll learn about nonquantitative evaluation methods like job ranking, classification and grading, and quantitative methods like factor comparison and point-factor methods. You’ll also learn about market-based evaluation system. FREE ACCESS
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7. Job Pricing7m 23sJob pricing is the process of fixing a job’s worth as a pay range, using factors like job descriptions and regional values. In this video, you’ll learn how to use compensation benchmarking methods such as a pay survey. You’ll also learn how to refine survey data using techniques like aging, levelling, geography, and measures of central tendency. FREE ACCESS
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8. Pay Structure3m 27sPay structure is a hierarchical group of jobs and pay ranges used across the business to accomplish organizational goals. In this video, you’ll learn about the components of a pay structure – pay grade, pay ranges, and range spread. You’ll also learn about the pros and cons of traditional and broadband pay structures. FREE ACCESS
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9. Pay Grades and Ranges7m 38sPay grades are expressed as an ascending range of salaries based on employee credentials and experience. In this video, you’ll learn how to fix pay grades, and to assign a pay range. You’ll also learn to calculate the minimum, midpoint, and maximum of a pay range, and to use quartiles and percentiles to show the dispersion of pay. FREE ACCESS
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10. Individual Pay Decision4m 42sIndividual pay decision determines the relative pay of individuals doing similar jobs in the same business. In this video, you’ll learn how performance, experience, seniority, and potential influence an employee's pay. You’ll also learn about green and red circles of pay, and compa-ratio formula used in making salary recommendations. FREE ACCESS
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11. Communicating Pay Information2m 49sPay structure is valuable only if it is transparent and applies to everyone in a business. Communicating pay information to employees helps in achieving fair and equitable pay. In this video, you’ll learn about compensation handbooks that describe pay policies. You’ll also learn how businesses are placed on a transparency spectrum. FREE ACCESS
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12. Course Summary1m 57sAfter completing this video, you will be able to summarize the key concepts covered in this course. FREE ACCESS
EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE
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