Compensation Analytics and Insights

HR professionals and compensation managers are under increasing pressure to provide evidence-based solutions. As data aggregation technologies and access improve, leadership and employees expect greater accuracy and precision in compensation decisions. However, navigating KPIs, formulas and success metrics in compensation can be complex and challenging.

This course empowers you to master compensation analytics, enabling you to analyze KPIs, set pay rates, develop salary ranges, assess fairness, and ensure compliance using data-driven strategies. It covers everything from gathering, collecting, and analyzing data to making sound compensation and rewards decisions. You will master how to use data analysis to craft a compelling narrative that you can share with others in your organization.

What You Will Learn:

• How to apply evidence-based decision-making in compensation practice and analytics
• How to hone decision-making with statistical measures and modeling such as variability, shapes of distributions and regression analysis.
• Tips for identifying distorted data and recognizing the common mistakes that cause it.
• Techniques for sharing data, including the best ways to organize and visualize it. 
  
  

Additional Information

This course is ideal for professionals in HR, Total Rewards, compensation, or global rewards. It is especially useful to those who are responsible for compensation program design and measurement, as well as anyone interested in an evidence-based approach to evaluate and impact labor costs. We recommend taking Compensation Analytics and Insights as the sixth course toward your CCP and GRP certification. 

To get the most out of this course, you will need to have working knowledge of Total Rewards, the Total Rewards regulatory landscape, designing and managing base pay systems, improving performance with variable pay, and market pricing and competitive pay analysis. 

You should plan to spend approximately 9 hours in a virtual class and 11 hours on self-guided work. Prework may be required in preparation for the first day of class. 

You must pass the required certification exam accompanying this course to progress toward acquiring the CCP or GRP certification. A practice exam is provided within the course materials to test your readiness and help identify knowledge gaps where you might need additional study.

Based in India? Contact india@worldatwork.orgOpen in a new tabEmail for India-special course pricing.

Policies

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