Quantitative Principles in Compensation Management (C3E)

Course

Master Human Resources Statistics and Analytics to Impact Business Outcomes

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 levels of measurement 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 Microsoft Excel 2010 or later while completing the course. 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. 

*A personal laptop is required for this course

Learning Options

Classroom

On-site instructor-led delivery of course materials with the added value of face-to-face interaction with a subject-matter expert and peers.

Course and Certification Exam

Members: $1,495 USD

$2,200 USD

Course Only

Members: $1,390 USD

$2,085 USD

E-Learning Plus

Online learning with access to pre-recorded course modules combined with scheduled group conference calls and live online instructor-led discussions.

Course and Certification Exam

Members: $1,395 USD

$1,950 USD

Course Only

Members: $1,175 USD

$1,540 USD

E-Learning

Self-paced online learning with access to pre-recorded course modules delivered by an instructor.

Print Option
60-Day Access
(course materials shipped within 7 business days)

Member: $1,350 USD

$1,880 USD

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Green Option
60-Day Access
(e-course materials available online immediately)

Member: $1,285 USD

$1,780 USD

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Please note: 60-day access to e-course material starts immediately on the day of purchase. Purchase includes course materials and exam.

Self Study

Independent learning with access to printed course materials and exam option.

Course Materials and Certification Exam

Members: $1,275 USD

$1,780 USD

Add to Cart
Certification Exam Only

Members: $875 USD

$1,130 USD

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Course Credits & Certifications

  • Recertification

    Course: 2 credits

    Exam: 0.5 credits

  • CEUs

    Course: 1.5 credits

    Exam: 0.3 credits

  • HRCI Recertification

    16 classroom hours

  • SHRM Recertification
    16 classroom hours

More Information

Who Should Register

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.

Requirements

  • The Classroom option requires you bring a laptop with Microsoft Excel 2010 or later. A mouse is recommended to help with extensive on-screen navigation.
  • The E-Learning option requires your computer be installed with Microsoft Excel 2010 or later.

How to Register

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Policies

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Have Questions?

Phone

+1 877 951 9191

USA and Canada

+1 480 951 9191

Other Countries

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