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COLLEGE INSTRUCTORS

New Economy Compensation


Course#: 03
Category: Foundation Courses
Field of Study: Business Management & Organization
Audience: HR Managers, HR Generalists
Level of Difficulty: Overview
Delivery Method: Self-Study
Prerequisites: None
Advanced Preparation: None
Overview:
This course examines the differences between compensation programs of old economy and new economy organizations. Their different use of compensation elements (including base salaries, incentives and employee benefits) is discussed. At the end of this course, you should understand the basics of compensation planning and how your organization can better use its resources to attract and retain talent.
Learning Objectives:
  • List the differences between the compensation strategies of old- and new-economy organizations
  • Describe the individual compensation and benefits elements that create the total compensation package
  • Discuss current trends in compensation and benefits, including the use of stock options
  • Explain the use of the following types of employee benefits: life insurance, health insurance, disability insurance, 401k plans, pension plans, non-qualified and qualified retirement plans
*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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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.