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Environments of Compensation and Benefits Administration
Course Number: 71

SHRM-CP/SHRM-SCP Notes:

Traditionally, compensation and benefits competitive norms have been the province of corporate analysts, consultants, and managers. Technology has brought this knowledge to the general populace. The cost of labor is typically the largest single expense category of most clients. On a macro level, these expenditures are important because of their impact on profits. On a micro level, these expenditures contribute to the attraction, retention, motivation, and engagement of employees. While it could be argued that in the past, little had changed regarding pay practices, technology has destroyed the status quo. Today, most employees have a fair idea of what their job is worth (oftentimes a far better idea than their management who have only a few minutes to research any one job). They may also know what the benefit plans are at competitive businesses. Business professionals are being asked to deal with questions that were not visible to most in the past. This course is intended to allow a professional, to address these issues in a meaningful way. A lack of understanding of the economic, sociological, organizational, and now technical conditions influencing compensation and benefit practices can severely affect management of an organization. The knowledge you can gain in this course will provide you with a clear understanding of the labor environment and related issues in compensation and benefits management.

SHRM-CP/SHRM-SCP Credit Information:

ERI Distance Learning Center is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 2 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

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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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Copyright © 2017 ERI Economic Research Institute, Inc. All rights reserved.
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.