Quantitative Principles in Compensation Management (C3E)
Master Human Resources Statistics and Analytics to Impact Business Outcomes
CCA is proud to partner with WorldatWork to deliver this course to the Chicago compensation community!
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.
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.
For details and registration:
This event runs 8:30 a.m. - 5 p.m.
Continental breakfast will be provided, as well as beverage service throughout the day. Lunch will also be provided.
To register, select this link (you will be taken to the CCA Landing Page on the WorldatWork site). Be sure to scroll down to Course Schedules to locate the course sponsored by Chicago Compensation Association. You can then select the C & Exam or Course only registration option. If you experience any difficulty or have concerns with your registration, please contact WorldatWork's Customer Service team at this toll-free number: 877.951.9191
Course and Certification Exam
Members: $1,495 | Non-Members: $2,200
Members: $1,390 | Non-Members: $2,085
Membership in CCA is just $95. Contact CCA at 630-416-1166 or firstname.lastname@example.org
BEFORE REGISTERING if you would like to join and save on your registration fee.
This seminar qualifies for recertification credit for the Certified Compensation Professional® (CCP®), Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), Work-Life Certified Professional® (WLCP®), Certified Sales Compensation Professional (CSCP)®, Certified Executive Compensation Professional (CECP)®, Advanced Certified Compensation Professional (ACCP)™ and Master Certified Compensation Professional (MCCP)™ designations granted by WorldatWork Society of Certified Professionals. For more information on recertification, visit the WorldatWork Society recertification webpage at www.worldatworksociety.org/recertification.