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Quantitative Methods Used in Salary Administration


Course#: 19
Category: Salary Administration
Field of Study: Statistics
Audience: HR Managers, HR Generalists
Level of Difficulty: Intermediate
Delivery Method: QAS Self Study
Prerequisites: Course 9 and college level moderate algebraic training
Advanced Preparation: None
Overview:
This course teaches the mathematical skills you need to administer your organization’s wage structure and salary increases. We begin with a discussion of how to analyze salary survey data using averages, medians, modes and maturity curves. Next we show you how to set up a wage structure for your company, using salary increase matrices, compa-ratios, grades and ranges. After this, we discuss how percentages can be used to analyze geographic differentials and salary increases.
Learning Objectives:
  • Calculate averages, medians, modes and maturity curves based on salary survey data
  • Identify how to analyze a group of data in a frequency distribution
  • Calculate compa-ratios
  • Determine salary increases using guide charts
  • Utilize percentages to analyze salary increases and geographic differentials
*The Course Credit List displays credits and credit types offered by location.

Course Price:  Free!
Exam Price:  $49.00


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The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.
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ERI Economic Research Institute is an Authorized User of selected Statistics Canada data under Agreement Number 6184. ERI’s intellectual property rights include Patent Nos. 6,862,596 and 7,647,322, "System and method for retrieving and displaying data, such as economic data relating to salaries, cost of living and employee benefits." Other Internet-related applications are Patents Pending.



The ERI Distance Learning Center offers: human resources online continuing education for Human Resource Management training and development, distance education online courses, online learning, adult education elearning, HR courses online, human resources management online course, human resource development, hr training, business education, hrci recertification courses, compensation and benefits, e-learning, compensation certification, compensation certificates, compensation credentials, accounting cpe continuing professional education, worldatwork recertification courses, cpa cpe online courses, cpe qas self study courses and professional career development.

DLC courses include material on business definitions, salary comparisons, online business dictionary, human resource development, free job descriptions, SPHR, GPHR, PHR recertification credit, CCP, CBP, GRP recertification credit.