Nursing Leadership and Management (BSN-to-MSN Program) M.S. Variable incentives in the form of an enticing cash bonusorrobust equity packagewill more often than not be the deciding factor and can likely swaythe decision to accept vs. reject a job offer. A bachelors of science in business administration with a major in human resource managementis one of the most popular degree paths, as it sets analysts up particularly well for the HR department. To use information contained herein, please write to our team. Add Comp & Ben to your HR toolkit. You may exit a course at any time and later return to the page you left by clicking the Page Index link in
Science Education (Secondary Earth Science) B.S. Digital dexterity and data literacy are already a crucial part of the new standard for all HR professionals. Sales Compensation
This certification is awarded by the AACE International, Inc. the advanced certification is for more experienced employees as it often requires some work experience to acquire. A CCP is an experienced practitioner with advanced knowledge and technical expertise to apply the broad principles and best practices of Total Cost Management (TCM) in the planning, execution and management of any organizational project or program. By earning the Senior Professional in Human Resources® (SPHR) certification you demonstrate that you have mastered the strategic and policy-making aspects of HR management as practiced in the United States. You may retake a course's CAC exam as many times as necessary in order to pass - you
All Rights Reserved. Continue reading below , Download our free cheat sheet to gain access to key compensation metrics and learn how to create insightful C&B charts in Excel. get a different type of credit.). Please email any questions about this designation to: contact.dlc@erieri.com. They are responsible for designing the organizations pay structure. new duties in compensation planning? They are data-minded with a compassion for people, allowing them to prioritize both the financial health and goals of a business, alongside an understanding of what the people in their organization need. This online credential teaches the basics of salary planning and administration. Benchmarking jobs against data collected and market intelligence to determine competitive compensation for each role. Preparing and maintaining job classifications and salary scales. Private Company
IT Certifications Included in WGU Degrees, See all Health & Nursing Bachelor's Degrees, View all Nursing Post-Master's Certificates, Nursing EducationPost Master's Certificate, Leadership and ManagementPost Master's Certificate. Not only will obtaining these certifications give you a leg up for job hunting, they will also increase your overall value. We're sending an email you can use to verify and access your account. Start the 1st of any monthas soon as you complete enrollment! convenient way to learn the fundamentals of this discipline without ever leaving the office. ), Disclose company data to compensation and benefits surveys in your industry, Manage raises and salary structure for all employees, Analyze compensation package trends to ensure industry competitiveness and employee retention. A large part of your role as a compensation analyst is to be on top of ever-changing local, state, and federal laws and regulations regarding compensation and pay equity. Organizational
Teaching, Mathematics Education (Secondary) M.A. English Language Learning (PreK12) M.A. Free resource ahead! Stay up-to-date with the latest news, trends, and resources in HR. Business Administration, Accounting B.S. Whether its conducting surveys and interviews with employees or collecting market data and workforce trends, you must know where to look for the information you need and be well-versed in the best method to collect and analyze it. A colleague introduced me to the website. If you know your password, you can go to the sign in page. CAAs Certificate Program offers hands-on compensation training. If you're a comp analyst, HR manager, people operations, or anyone working in your company's department that handles compensation, then this guide is for you. Conducting surveys, one-to-one interviews, and focus groups with employees and managers to document duties, responsibilities, and skills required for each position. Global Benefits
To become a compensation analyst, you need a bachelors degree in human resources, business, finance, or related field. Learn everything from benchmarking salaries and job grading to sales compensation and pay gap analyses. A certificate program will equip you with statistics and analytical skills, and knowledge of data-driven HR practices. Map out your HR Career path. Accurate research and informed recommendations play a role in long-term equity, fair pay structuring, and the overall health of an organization. Preparing and presenting reports of job and compensation analysis. Whether you're writing paychecks or wondering where yours comes from, this course is for you! Most compensation analysts will be required to hold a bachelors degree at a minimum. Check out the WGU Blog! If you are in need of in-depth Compensation training, specifically designed for your individual needs then contact us for details and pricing. You're in charge of your college educationbut you're never alone. They are typically analytically minded with an interest in finance, research, and organizational logistics. What is considered high pay at one company can be on the lower spectrum at another. More than two years of education or training after high school required? Send me more information about WGU and a $65 application fee waiver code. In addition, we tie up all of our chapters to a real life data sample from our Radford surveys so you can identify how to apply survey data directly to some common and not so common compensation issues. This designation is intended for compensation professionals, HR professionals and sales operations professionals with responsibility for any aspect of sales compensation in their organization. of CPE Sponsors through its website:
Suite 6, #133 Having also used another HR training website, I found your course more engaging. Stay up-to-date with the latest articles, student stories, and guides from WGU. If you want to stand out from the crowd and deepen your knowledge and skills, consider getting general HR credentials or a dedicated Compensation and Benefits certification. Or have you recently taken on
External factors such as the economic and legal environments will also influence compensation decisions. Workforce Planning
Mathematics Education (Middle Grades) M.A. Learn more about degree programs that can prepare you for this exciting career. That way, you can accurately advise your organization on compensation policies and if you need to make any changes. Business Administration, Accelerated Information Technology Bachelor's and Master's Degree. Analysts should have a strong ability to compare and process data into a digestible format for their organization. This degree also allows room for students to take specific courses catered to their HR field of interest. By submitting you will receive emails from WGU and can opt-out at any time. Shani Jay is an author & internationally published writer who has spent the past 5 years writing about HR. Each of ourCertification Programs concentrate on providing real life experiences through hands-on exercises for each major topic. In order to earn a CAC you must complete 12 courses and pass their exams for CAC credit. Senior compensation analysts are most likely to hold a combination of the following certifications: Certified Cost Professional (CCP), Certified Compensation Professional (CCP), and Certified Professional - Human Resource (IPMA-CP). The Compensation Analyst Academys Compensation Certificate Programs provide attendees with the fundamentals needed to successfully design and administer an organizations Compensation Program. 2022 Western Governors University WGU. After all, pay is only one part of the employee value proposition. Lets explore the role of a compensation analyst and how you can become one. Certification is not typically a requirement for the role. The information contained herein and the statements expressed are of a general nature and are not intended to address the circumstances of any particular individual or entity. The most popular certification requirement is Certified Compensation Professional. As competitive fields continue to recruit competitive talent, knowledgeable analysts will be needed to fine-tune compensation and benefits packages. When making an offer to a prospective hire, base salary is only the beginning of a total rewards package. To that end, IPMA-HR offers two internationally recognized certification programs to the public HR community: the IPMA-CP and the IPMA-CS. and print your certificate of completion. Special Education and Elementary Education (Dual Licensure) B.A. This role is typically found in larger businesses. In-Depth Research, Careers
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Compensation analysts can find a competitive edge in their job search by getting certified in key HR credentials. HR Metrics & Dashboarding Certificate Program, A sample compensation analyst job description. Evaluating and implementing job analysis tools, techniques, and materials. International Public Management Association Benefits & Payroll Administrator Certifications, Provider Enrollment Specialist Certifications, Retirement Plan Specialist Certifications, Senior Benefits Specialist Certifications, Benefits & Payroll Administrator Employment Near Me, Benefits Representative Employment Near Me, Compensation Specialist Employment Near Me, Employee Benefits Supervisor Employment Near Me, Payroll And Benefits Coordinator Employment Near Me, Payroll And Benefits Specialist Employment Near Me, Provider Enrollment Specialist Employment Near Me, Benefits & Payroll Administrator Responsibilities, Payroll And Benefits Specialist Responsibilities, Provider Enrollment Specialist Responsibilities. Compensation, Private Company
It's back-to-school time at WGU year-round. Contact us for more details and discount pricing for 6 or more attendees. The Certified Cost Professional (CCP) certification is most common among senior compensation analysts. This may include examining and evaluating current market trends, managing compensation survey data including data analysis and conducting benchmarking studies, conducting audits to ensure legal compliance, and assessing and making appropriate recommendations for various pay programs, structures, policies and practices. Business Administration, Healthcare Management B.S. A compensation analyst role typically requires candidates to hold a Bachelors degree (either in HR or a related field). Let us know how best to reach you and a member of our team will be in touch shortly. The Certified Cost Professional certification could help you to get a compensation manager position in your career path. Analyzing a companys remuneration structures and policies and implementing improvements. There are already plenty of well-written guides and articles related to compensation that you can find on the internet. After you have passed the 12 required CAC courses (listed above), please print
Nursing Leadership and Management (RN to-MSN Program) M.S. Collecting and analyzing data from market-based compensation surveys to determine market trends. Cash awards require careful plan design considerations, similar to any other rewards-based system. Applying for a new job in Human Resources? Rewards Optimization
There are several advantages of CAAs Certification Programs including: The Compensation Analyst Academy also provides: Corporate Training: CAA offers high-quality real-world Compensation trainingfrom professionals currently working in Human Resources and customized to meet yourorganizations needs. From there, we'll explain how to align your organization's objectives, its pay philosophy, and ultimately the way it designs and implements its salary structure, short-term incentives, long-term incentives, and benefits. They are knowledgeable of best HR practices and well-versed on the financials of a business. By earning a CAC you will prove to employers that