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Analyzing Salary Surveys
Course Number: 73

Compensation Committee Certification (CCC) Notes:

Having the ability to discern the difference between different types of compensation, salary, cost-of-living, and other survey sources is a skill often overlooked by business professionals. The Internet has brought a flood of information to the PC screens of both employers and employees alike and, as a result, many are using statistically unreliable data. Determining how much one should pay an employee in terms of base salary is a decision with far-reaching total compensation and benefit impact since these expenditures are often the greatest single expense category for an organization. Base salary strategy (paying more for salaries and less for benefits out of a set budget for payroll) or the reverse (paying more for benefits) is the heart of benefit and compensation strategy and management. Most organizations' benefit plans and health plan coverage are affected by the salary level decision. For example, 401(k) and defined benefit plans leverage off the salary decision. Most pension plans now utilize a "final years’ average" salary base to calculate benefits. Salary levels are the basis for a host of benefits coverage levels: group life, accidental death and dismemberment, long term disability, worker's compensation, and short term disability are all tied directly to base salary levels paid to employees. Knowing the reliability of survey data used to set these salaries greatly improves your ability to serve your organization.

Compensation Committee Certification (CCC) Credit Information:

This course is approved by ERI for 1 CCC credit hour in all areas worldwide. For more information on how to receive the CCC designation, click here.

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 and as a sponsor of the Quality Assurance Service (QAS). State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to NASBA through its website: www.learningmarket.org.
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Copyright © 2013 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, benefits credential, benefits certificate, compensation certification, compensation certificates, compensation credentials, accounting cpe continuing professional education, worldatwork recertification courses, crcc recertification courses, cpa cpe online accounting courses, cpe courses and professional career development.

DLC courses include material on business definitions, salary comparisons, online business dictionary, human resource development, free job descriptions, SPHR, PHR certification, CCP certification, and job analyses.