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Course Description

Like any other factor in an organization, compensation is expected to show a return on its investment. To ensure you are driving behaviors and rewarding results that are consistent with your organizational strategy and mission, your compensation program must be evaluated periodically. Learn how to do so and then how to compare outcomes to expectations and recognize when you are, and aren’t, supporting your long-term organizational goals. 

Dr. Thomas and Dr. Barrington examine how incentive pay benefits an organization with an emphasis on assessing the value of the performance pay plan. They examine the value including not only the profit margin but also the many other factors such as increased productivity, lower turnover, and improved morale. As you assess the financial return of pay-for-performance systems during this course, you will also see the customer experience, business image and reputation, sales, and other outcomes creating more value. 

After completing this course you will be positioned to evaluate pay-for-performance practices as they relate to financial performance, strategic alignment, and talent management.

The courses Measuring and Compensating for Performance and Attracting and Retaining Talent with Performance Pay are required to be completed prior to starting this course.

Faculty Author

  • Linda Barrington
  • Stephanie R. Thomas

Benefits to the Learner

  • Critically frame the financial return of pay-for-performance systems
  • Evaluate the strategic alignment of the pay-for-performance system with the organization's short-term and long-term goals
  • Assess the improvements in attraction, retention, productivity, engagement and motivation associated with pay-for-performance  systems

Target Audience

  • New through intermediate-level HR professionals, including lower-level specialists in Compensation and Benefits

  • HR Generalists looking to specialize or round out their skills

Accrediting Associations

  • HR Certification Institute (HRCI) General Units Approval Number ORG-PROGRAM-334144 10.0 Hours
  • Society for Human Resource Management (SHRM) Approval Number 18-3PEL0 6.0 Credits

Applies Towards the Following Certificates

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Type
2 week
Dates
Nov 27, 2019 to Dec 10, 2019
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Dec 11, 2019 to Dec 24, 2019
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Jan 08, 2020 to Jan 21, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Feb 19, 2020 to Mar 03, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Apr 01, 2020 to Apr 14, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
May 13, 2020 to May 26, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Jun 24, 2020 to Jul 07, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Aug 05, 2020 to Aug 18, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Sep 16, 2020 to Sep 29, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Oct 28, 2020 to Nov 10, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
Type
2 week
Dates
Dec 09, 2020 to Dec 22, 2020
Total Number of Hours
10.0
Course Fee(s)
Regular Price $769.00
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