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COLLEGE INSTRUCTORS

Quantitative Methods Used in Salary Administration


Course#: 19
Category: Salary Administration
Field of Study: Statistics
Audience: HR Managers, HR Generalists
Level of Difficulty: Intermediate
Delivery Method: Self-Study
Prerequisites: Course 9 and college level moderate algebraic training
Advanced Preparation: None
Overview:
This course teaches the mathematical skills you need to administer your organization’s wage structure and salary increases. We begin with a discussion of how to analyze salary survey data, using averages, medians, modes and maturity curves. Next we show you how to set up a wage structure for your company, using guide charts, compa-ratios, grades and ranges. After this, we discuss how percentages can be used to analyze geographic differentials and salary increases.
Learning Objectives:
  • Interpret salary surveys using averages, medians, modes and maturity curves
  • Analyze wage structures
  • Use guide charts to plan salary increases
  • Utilize percentages to analyze salary increases and geographic differentials
*The Course Credit Map displays credit types offered by location and corresponding lists of eligible courses.
Course Price:  Free!
Exam Price:  $49.00


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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.
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