Statistics – Data, Information and Levels of Measurement

• Why compensation professionals collect and use data
• Five key questions to ask about the variable of interest
• Levels of measurement

Percents and Related Issues

• Percents
• Individual compa-ratio
• Department compa-ratio
• Market index
• Percent difference
• Developing salary ranges
• Percents in compensation management

Time Value of Money

• Time value of money
• Present and future value
• Compound interest and compound salary growth rate
• Constant midpoint progression
• Annuity payments

Statistics – Collecting, Organizing, Grouping and Displaying Data

• Populations and samples
• Frequency distributions
• Organize, group and display data

Statistics – Lying with Statistics, Graphs and Displays

• Recognizing distorted data
• Avoiding mistakes that distort data

Statistics – Measures of Central Tendency and/or Location

• Measures of central tendency
• Mode
• Median
• Mean
• Measures of location
• Percentile bars

Measures of Variability

• Measures of variability
• Range
• Interquartile range
• Standard deviation
• Z-scores
• 2-sigma and 3-sigma rules

Statistics – Shapes of Distributions

• Interpreting distributions
• Normal distributions

Regression Analysis

• Regression models in a compensation environment
• Developing a regression model
• Cautions in the interpretation of correlations
• Multiple regression

This course is intended for those individuals who are pursuing CCP or GRP.  It is also applicable for practitioners who are seeking a basic treatment for applying statistics in compensation management and who have responsibility for designing compensation programs.

• Participants will have to have access to Excel while taking this course.  All demonstrations will be done in Excel 2007.

• Register Online
• Call 1-877-951-9191 or 480-922-2020 for an Customer Relationship Services Representative
• E-mail customerrelations@worldatwork.org
• Fax  Registration Form to 1-866-816-2062 or 480-483-8352

Components of Blended Learning  |  How Much Study Time Planning  |  Course Duration Matrix  |  Frequently Asked Questions
Sample Facilitator-Led Class Syllabus  |  Sample Self-Paced Class Syllabus  |  Take An In-depth Tour  |  How to Adjust My Screen Size

Get the best of both worlds and more! Combining learning and study preferences, Blended Learning leverages independent e-learning and collaborative traditional classroom experiences with access to additional resources.

• 24/7 access provides greater convenience and flexibility
• Class discussion board allows access to peers and subject matter expert
• Study when time allows
• Integration of group and independent study
• No “out of office” time needed
• No travel expense.

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
• Audio files
• Video files
• Articles and/or white papers
• Tools and templates
• Online quizzes

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 from 10 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).

How Do I Adjust My Screen Size?