There
are many factors that impact pay structure decisions. Labor costs,
competition, cost-of-living increases, unions, and the local labor
market all must be considered. This course gives users a firm grasp on what must be taken
into account when setting salary structures.
Understand the impact of
labor costs on ability to pay
Integrate cost-of-living
increases into the wage decision
Describe the common use of
comparables in setting salaries
Explain the role of unions
in the local labor market
Management
Some
college level courses with moderate algebraic training
ERI DLC courses are free. Those who wish to receive continuing education
credit will be charged a $19 fee (per certificate) prior to taking the
Final Exam.