Northeast Human Resources Association
Join   |   About   |   Contact Us   |   Sign In
World at Work: Quantitative Principles in Compensation Management (C3E)
Map this EventMap this Event Tell a Friend About This EventTell a Friend
World at Work:  Quantitative Principles in Compensation Management (C3E)

 Export to Your Calendar 10/17/2018 to 10/18/2018
When: Wednesday, October 17, 2018 and Thursday, October 18, 2018
8AM - 5PM
Where: Map this event »
Forefront Center for Meetings and Conferences
404 Wyman Street
Waltham, Massachusetts  02451
United States
Contact: Marissa Cammarano
7812398718

« Go to Upcoming Event List  

World at Work: Quantitative Principles in Compensation Management (C3E)

 

Program Overview:

As a human resources professional, having a solid set of HR statistics and analytics skills is essential for delivering actionable insights for informed decision making to positively impact your organization’s business outcomes. In this hands-on HR statistics course, you will master applied statistics to HR issues and gain analytics skills using Excel. 

Topics covered in the course include: 

  • Learning regularly used statistical tools, including the applications of these tools for total compensation design and administration.
  • Recognizing the four level measurements and the quantitative concepts in HR.
  • Finding, collecting, analyzing and accurately displaying statistical data in the most effective way.
  • Understanding the relevant application of various statistical tools.
  • Introduction to increasingly used advanced statistics for decision making, including regression analysis. 

This course is part of the CCP and GRP certifications. It is designed for the HR professional seeking a foundational understanding of statistics in compensation management with responsibility in the area of compensation design.

The course is also a helpful refresher for the experienced professional. Participants will need access to Excel while completing the course, as all demonstrations are done in Excel 2007. Specific areas covered include:

  • Statistics: Data, Information and Levels of Management
    Discover why HR professionals collect and use data and learn key questions to ask about the variable of interest. Learn about the levels of measurement.

  • Percents and Related Issues
    Dive into percents, individual compa-ratio, department compa-ratio, market index, percent difference, developing salary ranges and percents in compensation management.

  • Time Value of Money
    Understand how the time value of money is directly related to compensation, along with present and future value, compound interest and compound salary growth rate, constant midpoint progression and annuity payments.

  • Statistics: Collecting, Organizing, Grouping and Displaying Data
    Learn about populations and samples as well as frequency distributions, including how to organize group and display data.

  • Statistics: Lying with Statistics, Graphs and Displays
    Recognize distorted data and commonly used mistakes that distort data.

  • Statistics: Measure of Central Tendency and/or Location
    Gain insights on measures of central tendency, measures of location and percentile bars.

  • Measure of Variability
    Understand measure of variability including range, interquartile range and standard deviation. Also learn about z-scores, including 2-sigma and 3-sigma rules.

  • Statistics: Shapes of Distributions
    Interpret distributions of data and understand the application (both good and poor) of normal distribution.

  • Regression Analysis
    Learn about regression models within the compensation environment, how to develop a regression model, cautions in the interpretation of correlations and multiple regression. 

Through this course, you will gain essential knowledge and skills in compensation statistics and analysis. Through hands-on Excel practice, you will collect and use data for problem solving and decision making that impacts your organization’s business goals and outcomes. 

Ready to build and refine your HR statistics and analytics skills? 

How to Register:

Register Online

Call 1-877-951-9191 or 480-922-2020 for a Customer Relationship Services Representative

Email customerrelations@worldatwork.org

 

Cost:

Non-Member: $2200

NEHRA Member: $1350

World at Work Member: $1495

 

 

Schedule (both days):
8:00am – 8:30am: Registration, Networking & Continental Breakfast

 

8:30am: Program Begins

12:00pm: Lunch (included)

5:00pm: Program Adjourns

 

SHRM/HRCI Credit Information:

14.0 General Credit Hours

 

NEHRA's Annual Partners

One Concord Farms
490 Virginia Road, Suite 32
Concord, MA 01742-2747
Phone: 781-235-2900

Membership Management Software Powered by YourMembership  ::  Legal
This website uses cookies to store information on your computer. Some of these cookies are used for visitor analysis, others are essential to making our site function properly and improve the user experience. By using this site, you consent to the placement of these cookies. Click Accept to consent and dismiss this message or Deny to leave this website. Read our Privacy Statement for more.