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T3: Quantitative Methods

Learning Options

Sept. 16 Webinar
Salary Structures — Simple Regression Analysis in Excel
Discover how to use Excel to ensure their pay structures stay updated and are consistent with an organization’s base pay strategy versus market data. Register today!

Quantitative Methods
Certification Exam: T3*

Understand HR Statistics

This basic-level course focuses on general quantitative concepts, basic statistical tools, the mathematics of total compensation design and administration, mathematical modeling, and regression analysis. Participants learn to consider data from numerous sources, with an emphasis on problem solving and decision making.

  • Learn basic quantitative concepts and the four levels of measurement
  • Understand how to define and compare percents, market index and compa-ratios
  • Study the time value of money—including compound interest and the compound salary growth rate
  • Find out how to collect, analyze and accurately display statistical data
  • Learn how to determine central tendency and measures of central location
  • Discuss measures of variability
  • Explore shapes of distribution
  • Gain an understanding of modeling and regression analysis
Who Should Attend
This course is intended for those individuals who are relatively new to the field as well as experienced practitioners who seek a basic treatment for applying statistics in total compensation management. It is assumed that they have had no formal exposure to statistics, but have taken a basic algebra course.

What You Will Learn

Statistics—Data, Information and Levels of Measurement

  • Why HR 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 benefits management

Time Value of Money

  • 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
  • Mistakes that distort data

Statistics— Measures of Central Tendency and/or Location

  • Measures of central tendency
  • Measures of location
  • Percentile bars

 

  

Measures of Variability

  • Range
  • Interquartile range
  • Standard deviation
  • Z-scores

Statistics— Shapes of Distributions

  • Interpreting distributions
  • Normal distribution

Regression Analysis

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

Credits
CCP: Required
Recertification: 2 course, .5 Exam
GRP Equivalency: GR2
CEUs: 1.5 Course, .3 Exam
CPEs: 16;
PHR/SPHR/GPHR recertification hours: 16 (classroom); 14 (live online)
GRP Equivalency: GR2
Faculty
Course book amendments
Test your knowledge

Consider Bringing This Course to Your Location
This professional development program and others offered by WorldatWork can be customized to meet the unique needs of your organization and delivered at your location. For more information, contact a Corporate Education Resource Manager at 877/710-5970 or 480/905-5980.

 

Fees and Registration Registration Policies
Go Green! E-binder option now available. See below for pricing and details.
 
Instructor-Led Traditional Classroom
Two-day Instruction
  • United States
  • Canada
Course & Computer-based Certification Exam: BAII calculator included with binder
$1,645 USD * | Member $1,125 USD
Note: Participants may schedule their exam through Computer-Based Testing.
Schedule/Registration
Course Only: BAII calculator included with binder
$1,480 USD * | Member $990 USD
Schedule/Registration
Course and Certification Exam
Includes BAII calculator
$1,810 USD   |  Member $1,220 USD
Schedule/Registration
Course only
Includes BAII calculator
$1,700 USD*   |  Member $1,130 USD
Schedule/Registration
Self-Paced E-Learning and Certification Exam
Online Course, Binder & Certification Exam
About this option
30-day Access:  $1,655 USD  |  Member $1,175 USD
Add to Cart
60-day Access:  $1,880 USD  |  Member $1,350 USD
Add to Cart
120-day Access:  $2,365 USD  |  Member $1,700 USD
Add to Cart
Self-Paced E-Learning and Certification Exam – Green Option
Online Course, e-Binder & Certification Exam
About this option
30-day Access:  $1,540 USD  |  Member $1,095 USD
Add to Cart
60-day Access:  $1,755 USD  |  Member $1,260 USD
Add to Cart
120-day Access:  $2,200 USD  |  Member $1,585 USD
Add to Cart
Self-Paced Study Material and Certification Exam About this option
Course Binder Only: $690 USD * | Member $460 USD (Plus shipping & handling.)
Add to Cart
Course Binder & Certification Exam Package
Includes BAII calculator, course binder and exam credit.
$1,400 USD * | Member $995 USD
Add to Cart
Computer-Based Certification Exam Only: $880 USD * | Member $625 USD
Add to Cart

*WorldatWork Society of Certified Professionals, an affiliate of WorldatWork, administers the exams required for attaining the prestigious Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), Global Remuneration Professional (GRP),  Work-Life Certified Professional (WLCP), Certified Sales Compensation Professional (CSCP) and Certified Executive Compensation Professional (CECP) designations. The Society is a separate not-for-profit legal entity 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 $150 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 binder and all e-learning product purchases are nonreturnable.

WorldatWork classroom locations offer e-binder technology to participants. Your certification course binder (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-binder PDF two weeks prior to the course start date or upon registration if you register within two weeks of the course.

Live instructor-led class registrants, you will receive your course binder prior to the first day of class. Self-paced e-learning course purchasers now have the option of print or e-binders. Those who choose the e-binder option will receive the binder electronically for the length of your e-learning program. Those who choose the print version of the course binder 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.

Please visit www.worldatwork.org/seminars to download course binder amendments, view class rosters and to find out what to bring to your class.

*Join now and receive the best value. This includes both a one-year WorldatWork Premier membership and course registration. Add the course to your cart and then click "Join Now" before proceeding to check out.