Online HR Compensation and Benefits Course

Course Overview

Compensation and benefits play a critical role in the workplace by influencing employee satisfaction, motivation, and retention. This course provides an essential introduction to compensation practices and policies, focusing on legal compliance, pay equity, and structuring competitive and fair pay systems. Participants will explore various payment structures, benefits packages, and strategies for achieving equity while maintaining compliance with wage and hour laws. Designed for HR professionals, business owners, and managers, this course offers valuable insights into creating and managing effective compensation systems.

Key Topics

• Compensation Systems: Overview of different compensation systems and how they function.
• Legal Requirements and Compliance: Addressing state and federal wage and hour laws.
• Pay Equity: Strategies for ensuring fairness in compensation across the organization.
• Employee Motivation: Exploring the link between compensation, benefits, and motivation.
• Benefits Overview: Examining discretionary and legally mandated benefits.
• Work-Life Balance Benefits: Discussing their value and impact on employee satisfaction.
• Healthcare Plans: Overview of various plans, including their advantages and disadvantages.
• Differential Pay and Performance-Based Pay: Definitions and applications in the workplace.
• Employee Classification: Understanding the distinctions between employees and independent contractors, and exempt versus nonexempt employees.

Learning Objectives

At the conclusion of this course, participants should be able to:

• Differentiate between various compensation systems.
• Distinguish between legally mandated and discretionary benefits.
• Explain how compensation and benefits influence employee motivation.
• Describe the advantages and disadvantages of different healthcare plans.
• Recognize the value of benefits designed to support work-life balance.
• Define pay for performance and differential pay.
• Identify methods to achieve pay equity within an organization.
• Differentiate between employees and independent contractors.
• Distinguish between exempt and nonexempt employees.
• Ensure compliance with state and federal “wage and hour” laws.

Credits

• 0.3 IACET CEUs
• 3 HRCI Credits
• 3 SHRM PDCs
• 3 ATD CI Credits

Key Features

• Mobile-friendly and audio-enabled for flexible learning.
• Badge and credit-awarding to showcase accomplishments.
• Real-world case studies for practical application.
• Fully accessible for diverse learners.
• Interactive games and flashcards to reinforce learning.
• Expert-supported for personalized guidance.
• Video content to enhance understanding of key concepts.

Refund Policy

Refunds are available within 7 days of purchase, provided less than 10% of the course has been completed. Completion progress can be tracked on the Course Progress page.

Notes

• Estimated time to complete: 3 hours.
• This course includes an “Ask the Expert” tool, enabling participants to seek advice from subject matter experts. Questions are typically answered within 24 hours.
• Accredited by MindEdge for IACET CEUs, meeting ANSI/IACET Continuing Education and Training Standard requirements.
• Learners must achieve a minimum test score of 70% to qualify for CEUs.

Pricing and Enrollment Information

$95.00 (US) per seat.