Senior Professional in Human Resources: Job Architecture

Expert
  • 12 videos | 1h 11m 53s
  • Includes Assessment
  • Earns a Badge
  • Certification CPE
Rating 4.5 of 42 users Rating 4.5 of 42 users (42)
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

  • 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

  • 1m 33s
    After completing this video, you will be able to discover the key concepts covered in this course. FREE ACCESS
  • 5m 13s
    Job 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 Structure
    6m 3s
    Job 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 Analysis
    6m 33s
    Job 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 Status
    13m 39s
    Exempting 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 Evaluation
    10m 56s
    Job 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 Pricing
    7m 23s
    Job 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 Structure
    3m 27s
    Pay 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 Ranges
    7m 38s
    Pay 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 Decision
    4m 42s
    Individual 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 Information
    2m 49s
    Pay 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 Summary
    1m 57s
    After completing this video, you will be able to summarize the key concepts covered in this course. FREE ACCESS

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