Course#: 29

Category: Executive Compensation

Field of Study: Statistics

Audience: HR Managers, HR Generalists

Level of Difficulty: Intermediate

Delivery Method: Self-Study

Prerequisites:

• Some college level courses with moderate algebraic training
  
• ERI Distance Learning Center Course 09: Basic Quantitative Methods

Advanced Preparation: None

Overview:
This course introduces you to various statistical methods used in setting, analyzing, and auditing executive compensation. Key to this course is the application of distributions and logarithms in analyzing survey data. This course also teaches you how to use financial ratios and multiple regression to set pay. Then it covers the equations needed to explain deferred compensation and stock options. Finally, this course will show you how to use research software in order to determine maximum reasonable compensation for executives.

Learning Objectives:

• Use distributions and logarithms graphs to analyze executive pay survey data
  
• Create regression models to set executive pay
  
• Understand how deferred compensation and options are used in executive compensation packages
  
• Utilize research software to determine maximum reasonable compensation

Credit and Professional Continuing Education Information:

• PHR/GPHR/SPHR (SHRM)
• CPE Registry Self-Study (CPAs)
• Job and Compensation Analyst (JCA)
• CRCC (Rehabilitation Counselors)
• CCP/CBP/GRP (WorldatWork)
• Authors

*The Course Credit Map displays credit types offered by location and corresponding lists of eligible courses.