Compensation and Benefits (HRCI: PHR/SPHR-aligned)

Skillsoft presents Compensation and Benefits (HRCI: PHR/SPHR-aligned).

Compensation and Benefits (HRCI: PHR/SPHR-aligned)

Course Description

Skillsoft is your trusted global provider of high-quality, innovative, cloud-based learning with all aspects of e-learning covered including Business Skills and Leadership, IT Skills and Certification, Digital Skills and Compliance. Skillsoft engages learners with interactive courses, enlightening videos and practical simulations, allowing for learning in the modality that works best for them.

 

The following courses are included in this purchase:

  • Compensation and Benefits (HRCI: PHR/SPHR-aligned)

Course Details:

Access Timeframe

6 month access to course content beginning on date of registration.
Certificate Info:

Type of Certification

Certification of Completion

Format of Certification

Digital and Print

Method of Obtaining Certification

Certificate of Completion can be accessed and printed from the learner's Skillport Account.

Additional Details

The completion certificates can be awarded only for assets that can be marked completed like courses, business impact/challenge series, testprep. The passive assets like books/videos would not be completed and certificates cannot be awarded.

Course Outline

OVERVIEW
This course examines compensation and benefits programs – often referred to as total rewards programs – and their importance and impact on organizational objectives. It provides instruction on the applicable federal laws and regulations related to compensation and benefits programs as well as applicable tax regulations. This course also provides instruction on how to budget and account for compensation and benefits programs. Instruction is also provided on common compensation and benefits strategies and how to perform compensation and benefits needs assessments in order to better understand what type of approach is best suited for the organization in question. This course helps prepare individuals for the Human Resource Certification Institute's (HRCI) PHR and SPHR certification examinations.
TARGET AUDIENCE
Human resource professionals, managers, and all individuals preparing for the PHR and SPHR certification examinations of Human Resource Certification Institute (HRCI); compensation and benefits analysts, administrators, staffing managers, and recruiters will also have interest in this certification path
DURATION
1.5 hours
OBJECTIVES
Compensation and Benefits: Regulations, Strategies, and Needs Assessment
  • describe federal laws and regulations related to compensation
  • identify key provisions in the FLSA
  • identify FLSA record-keeping requirements
  • recognize federal laws and regulations related to benefits
  • recognize key components of benefits regulations
  • recognize key benefits components of tax regulations
  • describe accounting practices for tracking and reporting on compensation policies and programs
  • identify the steps in the strategic compensation process
  • identify the steps in a benefits program needs assessment
  • identify common tools and methods used to gather data for a benefits program needs assessment

OVERVIEW
This course examines compensation policies, programs, and activities. Instruction is provided on job evaluations, pricing, and pay structures, as well as common organizational pay programs. Compensation policies and programs are also discussed, as well as how to manage payroll-related information. This course helps prepare individuals for the Human Resource Certification Institute's (HRCI) PHR and SPHR certification examinations.
TARGET AUDIENCE
Human resource professionals, managers, and all individuals preparing for the PHR and SPHR certification examinations of Human Resource Certification Institute (HRCI); compensation and benefits analysts, administrators, staffing managers, and recruiters will also have interest in this certification path
DURATION
0.5 hours
OBJECTIVES
Compensation and Benefits: Managing Policies, Programs, and Activities
  • describe job evaluation methods
  • describe the components of pay structures
  • describe various types of base-pay systems
  • identify examples of situations suited to differential pay
  • identify types of incentive pay plans
  • recognize FLSA requirements for payroll record-keeping
  • identify the components of employee master files
  • identify the key considerations for choosing a payroll system

OVERVIEW
This course examines noncash compensation methods such as equity programs and noncash rewards. It also discusses common benefits programs such as health coverage and employee assistance programs (EAPs). Fiduciary responsibilities related to compensation and benefits are also examined, particularly Social Security and Medicare. This course outlines the importance of effective and ongoing employee communications regarding organizational compensation and benefits programs, as well as employee self-service technologies. This course helps prepare individuals for the Human Resource Certification Institute's (HRCI) PHR and SPHR certification examinations.
TARGET AUDIENCE
Human resource professionals, managers, and all individuals preparing for the PHR and SPHR certification examinations of Human Resource Certification Institute (HRCI); compensation and benefits analysts, administrators, staffing managers, and recruiters will also have interest in this certification path
DURATION
1.0 hours
OBJECTIVES
Compensation and Benefits: Organizational Responsibilities
  • identify types of noncash compensation plans organizations can offer to employees
  • recognize how to implement various formulas used to calculate contributions to defined benefit plans
  • distinguish between various types of benefits programs
  • identify the common types of health care plans offered to employees
  • recognize fiduciary responsibilities related to compensation and benefits
  • identify techniques employers can use to communicate information about benefits and compensation programs to employees
  • identify what must be communicated to employees about benefits and compensation programs

OVERVIEW
Generally taken near the end of a program, Final Exam: Compensation and Benefits (HRCI: PHR/SPHR-aligned) enables the learner to test their knowledge in a testing environment.
TARGET AUDIENCE
Individuals seeking practice in a testing environment, covering the skills and competencies being measured by the courseware.
DURATION
0.6 hours
OBJECTIVES
Final Exam: Compensation and Benefits (HRCI: PHR/SPHR-aligned)
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