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Organization Salary Determinations

Course#: 04
Category: Foundation Courses
Field of Study: Business Management & Organization
Audience: HR Managers, HR Generalists
Level of Difficulty: Basic
Delivery Method: QAS Self Study
Prerequisites: None
Advanced Preparation: None
Before establishing or adjusting a salary structure, Human Resources Management must consider your organization's internal and external labor market in order to make informed decisions about average job salaries that take into account: labor costs, employee productivity, employee retention, salary comparisons to competitors, cost-of-living comparisons, labor unions, and more. This pay-theory course reviews all the internal and external factors you must evaluate when making wage determinations.
Learning Objectives:
  • Identify the impact of labor costs on an organization’s ability to pay
  • Differentiate between an organization’s ability to pay and willingness to pay
  • Identify the advantages of using comparable salaries to set pay
  • Recognize the difference between cost of living and cost of labor
  • Identify the impact of cost-of-living increases on salary decisions
  • Recognize the role of unions in the labor market
*The Course Credit List displays credits and credit types offered by location.

Course Price:  Free!
Exam Price:  $49.00

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World at Work CPE Sponsors - Registry CPE Sponsors - QAS CCC CAC
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.