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Compensation and Benefits
  • Level Foundation
  • Duration 19 hours
  • Course by HRCI
  • Offered by

About

This course examines the intricacies of the total rewards package for employment. You will learn how to structure a compensation strategy and evaluate benefit trends in the market. You will also learn about different benefit types and options as well as various pay systems and HR technology. By the end of this course, you will be able to: ● Explain the most common theories and motivational principles associated with total rewards ● Evaluate how your organization wants to structure compensation strategy ● Explain how job evaluation techniques are used to align compensation strategy with actual pay ● Explain different benefit types and options ● Appraise different types of pay systems No prior experience in Human Resources is needed to be successful in this course.

Modules

Introduction to the Program

    • 3 Videos
    • 2 Readings
    • 1 Discussion
Show info about module content

1 Discussions

  • Meet and Greet

3 Videos

  • HRCI Human Resources Associate Professional Certificate Introduction
  • Course Overview: Compensation and Benefits
  • Instructor Introduction

2 Readings

  • Course Syllabus
  • How to Be Successful in This Course

Compensation Systems

    • 6 Videos
    • 1 Discussion
    • 1 Assignment
Show info about module content

1 Assignment

  • Compensation Systems

1 Discussions

  • What Motivates Employees to Work?

6 Videos

  • Weekly Introduction: Introduction to Compensation and Benefits
  • Compensation and Benefits (CAB)
  • Compensation Systems
  • Base Wage or Salary
  • Incentives
  • Benefits

Wages and Differential Pay

    • 7 Videos
    • 2 Readings
    • 1 Discussion
    • 2 Assignment
Show info about module content

2 Assignment

  • Practice Quiz: Wages and Differential Pay
  • Graded Quiz: Introduction to Compensation and Benefits

1 Discussions

  • Geographic Pay and Remote Work

7 Videos

  • Salaried and Hourly Jobs
  • Overtime
  • On-call and Call-back Pay
  • Reporting Pay
  • Hazard Pay
  • Geographic Pay
  • Weekly Review: Introduction to Compensation and Benefits

2 Readings

  • Overview: Differential Pay
  • Salaried and Hourly, Exempt and Non-exempt

Compensation Considerations

    • 7 Videos
    • 3 Readings
    • 1 Discussion
    • 1 Assignment
Show info about module content

1 Assignment

  • Practice Quiz: Compensation Considerations

1 Discussions

  • The Gender Pay Gap

7 Videos

  • Weekly Introduction: Organization Structure and Compensation
  • Compensation Considerations
  • Competitive Pay
  • Job Pricing, Pay Rates and Pay Ranges
  • Pay Gaps
  • Incentives
  • Raises

3 Readings

  • Stock, Stock Options and Vesting
  • Union Pay
  • Legislation and Compensation

Wage Equity

    • 7 Videos
    • 1 Discussion
    • 2 Assignment
Show info about module content

2 Assignment

  • Practice Quiz: Wage Equity
  • Self-Review Activity: determining base salary

1 Discussions

  • Pay Surveys

7 Videos

  • Job Evaluation
  • Pay Ranges and Broadbanding
  • Wage Compression
  • Compa Ratio
  • Internal and External Equity
  • Pay and Salary Surveys and Market Compensation
  • Example: Determining Base Salary

Pay for Performance and Incentives

    • 10 Videos
    • 1 Readings
    • 1 Discussion
    • 2 Assignment
Show info about module content

2 Assignment

  • Practice Quiz: Pay for Performance and Incentives
  • Graded Quiz: Organization Structure and Compensation

1 Discussions

  • Group Incentive Pay

10 Videos

  • Pay for Performance
  • Commissions
  • Merit Pay
  • Group Incentive Pay
  • Profit Sharing
  • Skill Pay
  • Service Awards
  • Spot Bonus
  • Tailoring Incentives to Your Organization
  • Weekly Review: Organization Structure and Compensation

1 Readings

  • Payroll Systems and the Paycheck

Introduction to Benefits

    • 5 Videos
    • 1 Readings
    • 1 Discussion
    • 1 Assignment
Show info about module content

1 Assignment

  • Practice Quiz: Introduction to Benefits

1 Discussions

  • How to Best Communicate a Total Rewards Package

5 Videos

  • Weekly Introduction: Benefits
  • Employers and Benefits
  • Total Rewards Strategy and Statement
  • The Cost of Benefits
  • How Employers Reduce the Cost of Benefits

1 Readings

  • Defined Benefits and 401(k)

Healthcare as a Benefit

    • 5 Videos
    • 3 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Practice Quiz: Healthcare as a Benefit

5 Videos

  • Healthcare and Its Challenges
  • Different Components of Health Benefits
  • Health Insurance Plans
  • Other Insurance Benefits
  • Social Security and Medicare

3 Readings

  • Overview: Health insurance plans
  • Summary Plan Description
  • The Four Parts of Medicare

Family-Oriented Benefits

    • 9 Videos
    • 2 Readings
    • 1 Discussion
    • 2 Assignment
Show info about module content

2 Assignment

  • Self-Review Activity: Family-oriented benefits
  • Practice Quiz: Family-Oriented Benefits

1 Discussions

  • Importance of Benefits

9 Videos

  • Benefits and Work-Life Balance
  • Family and Medical Leave Act (FMLA)
  • Childcare Benefits
  • Employee Assistance Programs (EAPs)
  • Time-off Allowances
  • Volunteer Time-off
  • Remote Work
  • Relocation Assistance
  • Tailoring Your Benefits Strategy

2 Readings

  • Family and Medical Leave Act (FMLA)
  • Flexible Spending Account

Retirement Plans

    • 7 Videos
    • 3 Readings
    • 1 Discussion
    • 2 Assignment
Show info about module content

2 Assignment

  • Practice Quiz: Retirement Plans
  • Graded Quiz: Benefits

1 Discussions

  • Saving for Retirement

7 Videos

  • Retirement Plan Fundamentals
  • Qualified Retirement Plans
  • 401(k) Plans
  • IRA and Roth IRA
  • 457 Plans
  • Simplified Employee Pension Plan
  • Weekly Review: Benefits

3 Readings

  • Actual Deferral Percentage Test
  • Economic Growth and Tax Relief Reconciliation Act
  • Qualified Domestic Relations Order

Payroll

    • 4 Videos
    • 2 Readings
    • 2 Assignment
Show info about module content

2 Assignment

  • Self-Review Activity: Payroll Paperwork
  • Practice Quiz: Payroll

4 Videos

  • Weekly Introduction: Payroll and Benefit Technology and Design
  • Payroll Introduction
  • Payroll Schedules
  • Record Keeping

2 Readings

  • Record Keeping Overview
  • Sample W-4

Human Resource Information Systems

    • 3 Videos
    • 1 Readings
    • 1 Assignment
Show info about module content

1 Assignment

  • Practice Quiz: HRIS

3 Videos

  • Human Resource Information Systems (HRIS)
  • Selecting Your HRIS
  • Example: Using an HRIS

1 Readings

  • Common HRIS platforms

Data Storage and Reporting

    • 3 Videos
    • 3 Readings
    • 1 Discussion
    • 1 Assignment
Show info about module content

1 Assignment

  • Data Storage and Reporting

1 Discussions

  • Data Protection

3 Videos

  • Data Storage
  • Data Disposal
  • Reporting

3 Readings

  • Required Records
  • Data Breach
  • Statutory Reporting Requirements

Claims Processing

    • 7 Videos
    • 1 Readings
    • 3 Assignment
Show info about module content

3 Assignment

  • Self-Review Activity: Claims processing
  • Practice Quiz: Claims Processing
  • Graded Quiz: Compensation and Benefits

7 Videos

  • Claims Processing and HR
  • Workers' Compensation
  • Wage and Hour Claims
  • Disability Benefits Claims
  • FMLA Violation Claims
  • Weekly Review: Payroll and Benefit Design
  • Congratulations!

1 Readings

  • Key Terms

Auto Summary

Explore the "Compensation and Benefits" course in Business & Management, designed by Coursera. Learn to structure compensation strategies, evaluate benefit trends, and understand pay systems and HR technology over 1140 minutes. Ideal for beginners, with Starter and Professional subscription options. Perfect for those seeking foundational HR knowledge.

Brad Boyson
Instructors

Brad Boyson

Rhea Bautista
Instructors

Rhea Bautista