Market Pricing — Conducting a Competitive Pay Analysis
Avoiding Analysis Paralysis
This course will provide a consistent and effective methodology for market-pricing benchmark jobs within an organization. Participants will have an opportunity to develop their data utilization skills through classroom practicum exercises.
Review common compensation strategies, base pay structure design, and the establishment and use of a job worth hierarchy.
Discuss how market pricing can support an organization’s business strategy.
Discover data sources, data collection options, salary survey formats and use of job matching.
Learn how the data from salary surveys can help you develop the market rate for benchmark jobs.
Discuss the use of statistical analysis tools and aging, blending, weighting and slotting data.
Learn how to handle exceptions or special situations.
Find out how to communicate market pricing to upper management and your organization.
Experience a new way to learn! With 24/7 online access, Blended Learningprovides you with the flexibility and convenience of e-learning AND interaction with colleagues and subject matter experts as you'd experience in a traditional classroom. How much study time should I plan for?
Schedule your exam through Pearson VUE. Exam expires 120-days from first day of class. Access to the e-learning product lasts for the specified amount of time (30, 60 or 120 days). Your e-learning product begins the day you purchase it, not the day you start it. Be sure to print any class materials prior to product expiration, as your access will not be available after that date.
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WorldatWork Society of Certificed Professionals, an affiliate of WorldatWork, administers the exams required for attaining the prestigious Certified Compensation Professional® (CCP®), Global Remuneration Professional® (GRP), Advanced Compensation Professional (ACCP)™, Master Certified Compensation Professional (MCCP)™, Certified Executive Compensation Professional (CECP)®, Certified Sales Compensaiton Professional (CSCP)®, Certified Benefits Professional® (CBP) and Work-Life Certified Professional® (WLCP) designations. The Society is a separate not-for-profit legal entitity with its own Board of Directors appointed by the Worldatwork Board of Directors and was formed to provide a focus on certification. Certification exams are administered and designations are issued by the Society; all educational courses/self study are administered by WorldatWork.
Please note: If you are purchasing an exam option, you must schedule and complete the computer-based exam within 120 days from the first day of a live instructor-led class or from date of purchase for all self-paced learning packages. Your eligibility expires after 120 days; however, 30-day exam extensions are available for a $165 USD fee when purchased before the original access expires. It is recommended that you complete your exam in a timely manner as exams may be updated without notification. Instructions for scheduling your computer-based exam will be provided at purchase. Learn more at www.worldatwork.org/cbt. Self-study materials and all e-learning product purchases are nonreturnable.
WorldatWork classroom locations offer e-course materials technology to participants. Your certification course materials (and BAII calculator, if applicable) will be available for pick up on site the day of the course. For two-day courses, you may access the e-course materials PDF two weeks prior to the course start date or upon registration if you register within two weeks of the course.
E-learning course purchasers now have the option of print or e-course materials. Those who choose the e-course materials option will receive the materials electronically for the length of your e-learning program. Those who choose the print version of the course materials will receive it 5-7 days after date of purchase. 30-day extensions of e-learning access are available for a fee if purchased before original access expires.
Access to the e-learning product lasts for the specified amount of time (30, 60 or 120 days). Your e-learning product begins the day you purchase it, not the day you start it. Be sure to download any class materials prior to product expiration.
Blended Learning e-course materials can be found within the product and will be available for the length of the course.
Please visit www.worldatwork.org/prep to download course material amendments, view class rosters and to find out what to bring to your class.
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Blended learning is the perfect hybrid solution for those individuals or teams who want interaction with the facilitator and peers while having the convenience and control of accessing the content at the time and place which work best for the individual. Depending on the course, the facilitator and peer interaction may be in person or through online web meetings and tools.
A learner-centric approach: moves beyond the one-size-fits-all classroom in favor of an on-demand, personalized learning environment
Greater skills practice and coaching: activities can focus on interaction, skill building, and rich feedback
Social and peer-based learning: keeps the emphasis on practical solutions to workplace challenges and makes the learning more engaging
Self-paced opportunities: allows access to content anytime, anywhere at the learner’s fingertips
Components of Blended Learning
All Blended Learning classes include a class discussion board, other components available within Blended Learning will vary in order to deliver the best learning experience possible. Classes may include access to components such as:
Live online session(s) with facilitator and peers
Articles and/or white papers
Tools and templates
How Much Study Time Should I Plan For?
A: Blended Learning classes are either led by a facilitator or self-paced. The course duration varies depending on the depth of knowledge shared within the particular class.
Facilitator-Led Blended Learning: All participants in these courses begin on the same day. You may access course materials any time—day or night—for 60 days after date of purchase.
If there is a course book, the entire book is available starting on the first day. The e-learning modules, activities and discussion boards are divided into sections that are released weekly over a 4-8 week period, depending on the amount of content. View Course Matrix
You will be able to view the course syllabus and course book (if applicable) starting on the first day. These are valuable tools to help you plan how much time you will want to spend in the course each week. It is recommended that you go through the materials carefully to gauge how long each e-learning module, case studies, activities, etc. will take you each week. (See sample class syllabus for facilitator-led classes).
All facilitator-led courses include at least one live event where students and the facilitator come together in an online environment to discuss course material, group exercises, questions and answers, etc. Live web sessions are scheduled from10 a.m. to 12 p.m. Pacific. Although these sessions are scheduled for two hours, they may or may not run that long. These sessions are recorded and are available for review soon after the event.
Discussion boards are included in every course and are monitored by the facilitator. You can access the discussion boards at any time. These are a great way to interact with your facilitator and other course participants. You can post questions, read threads from other participants and the facilitator, and respond to what others have to say.
Self-Paced Blended Learning: You can access your self-paced course shortly after you register. Some participants may have started before you, and others will start after you, based on their individual registration dates. You may access course materials any time—day or night—for 60 days after date of purchase.
All course materials are available starting on the first day. The e-learning modules, and activities divided into sections so that you can easily determine how you want to allocate your time over the duration of your access. View Course Matrix
You will be able to view the course syllabus and course book (if applicable) starting on the first day. These are valuable tools to help you plan ahead. It is recommended that you go through the materials carefully to gauge how long to spend in each e-learning module, case study, activity, etc. (See sample class syllabus for self-paced classes).
Discussion boards are included in every course and are monitored by a subject matter expert. You can access the discussion boards at any time. These are a great way to interact with your facilitator and other course participants. You can post questions, read threads from other participants and the facilitator, and respond to what others have to say.