Compensation Metrics Certification: From Fundamental to Advanced

Effective Compensation Planning is the Most Valuable and Challenging Skill an HR Professional Can Have

Did you know that you can attract top talent, improve staff retention, and maximize profitability by rewarding employees appropriately? By understanding the calculations, you can structure compensation plans that appeal to applicants and employees while supporting organizational success.

The latest strategies to achieve these goals are available in our engaging certification program. With the Compensation Metrics Certification program, you will be able to: align employee rewards with organizational success, communicate compensation strategies to management and employees, and demonstrate your compensation knowledge. Your career can also advance with this prestigious certification.

John A. Rubino, our expert compensation speaker, will guide you through fundamental and advanced compensation techniques, so your compensation numbers are based on solid industry data. Learn how to communicate your organization's strategy effectively and improve bottom-line results.

What You'll Learn:

  • How to align employee rewards with organizational success
  • How to communicate compensation strategies to management and employees
  • Demonstrating your knowledge as a compensation expert
  • Compensation metrics
  • Job evaluation
  • Compensation benchmarking
  • Measures of compensation variability
  • Discrimination testing
  • Job evaluation
  • Using statistical techniques

What You'll Receive:

  • All courses include a PDF version of the presentation slides along with any additional materials or resources provided by the presenter
  • Certification upon completion of the program
  • One certification exam attempt is included
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On-Demand
Certification
Time
Regular price $999.00
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5 | 60 Minute Sessions

INFORMATION
Training Overview

Compensation Metrics Certification: From Fundamental to Advanced
Session 1—Compensation Program Design

  • Compensation program objectives
  • Methodology and design for a base pay structure
  • Pay range components and range spread calculations
  • Use of benchmark jobs for base pay structure design
  • Calculation of compa-ratios and pay range penetrations
  • Aging market data formulas and calculations
  • Practical applications and examples of compensation metrics

Session 2—Core Metrics for Compensation Analysis

  • Measures of central tendency: mean, median, and mode
  • Percentiles as a measure of data location
  • Pay positioning relative to internal and external
    competitiveness
  • How to determine whether salary ranges are too wide or too narrow
  • Best practices for using compensation metrics to determine market targets
  • Key questions about pay practices and overall compensation philosophy

Session 3—Compensation Discrimination and Variability

  • Measures of variability: range, inter-quartile range, and standard deviation
  • Analysis of competitive compensation positioning and HR policy effectiveness
  • The 2-Sigma Rule
  • Role of standard deviation in aiding in design and analysis of compensation
  • Discrimination testing

Session 4—Statistical Measures

  • Linear regression computations and applications
  • Using linear regression to identify data outliers, assess internal equity, and evaluate external competitiveness
  • Job evaluation and market survey data
  • Using quantitative HR applications for compensation
    measurements

Session 5—Base Pay Structure

  • Six-step methodology for developing and implementing a linear regression model to create a base pay structure
  • Introduction to multiple regression: a discussion of various strategic applications
Recommended Audience
Who Should Attend?
  • Human resources professionals
  • Compensation directors, managers, and analysts
  • Business owners
  • Plant managers
  • Finance professionals
  • Operations managers
  • Employee relations
  • Supervisors
  • Senior management
  • Managers
  • Development staff
  • Payroll staff
APPROVAL AND VALIDITY
Credits
  • This program has been approved for 5.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 5.0 PDCs for the SHRM-CP or SHRM-SCP.
Approval and validity
Certifications

A comprehensive online exam will be administered at the end of the course to assess your knowledge and understanding of principles and practices. The exam must be completed within 60 days of option purchased: last day of live event OR within 60 days of date of purchase of on-demand access only.

Certification: Upon successful completion of the final exam (with a score of 80% or higher) and meeting the attendance requirements, you will receive a digital credential, validating your expertise and commitment to advancing your career.

*Certification delivered via email within 5-7 business days of passing.

What's included
Training includes
  • 5.0 HRCI, 5.0 SHRM
  • Compensation Metrics Certification
  • All resources and training materials
About

Expert Presenter

John A. Rubino
  • President and founder of Rubino Consulting Services (RCS), a global human resources consulting company based in New York
  • Focuses on the design and implementation of corporate values/objectives and their linkage to human resources strategies, compensation analysis and program development, performance-driven incentive plans, sales compensation programs, performance management systems, management training programs, team dynamics, leadership skills, motivational training, and human resources communication programs
  • Previously senior manager of human resources consulting services for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company
  • Internationally acclaimed speaker, course developer, and seminar leader for WorldatWork and the American Management Association
  • Author of Developing Compensation Programs: Job Analysis, Evaluation and Classification and Communicating Compensation Programs: An Approach to Providing Information to Employees
  • Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), and Global Remuneration Professional (GRP), Senior Practitioner in Human Resources (SPHR), and a Master Reward Specialist (South Africa)
  • BA from Wagner College
  • MBA from the Lubin Graduate School of Business, Pace University