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University of New Mexico Continuing Education

Compensation and Benefits (HRCI: PHR/SPHR-aligned)

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Overview / Abstract:

This course examines compensation and benefits programs and their importance and impact on organizational objectives. It provides instruction on the applicable federal laws and regulations related to compensation and benefits programs as well as applicable tax regulations. This course also provides instruction on how to budget and account for compensation and benefits programs. Instruction is also provided on common compensation and benefits strategies and how to perform compensation and benefits needs assessments in order to better understand what type of approach is best suited for the organization in question. This course examines compensation policies, programs, and activities. Instruction is provided on job evaluations, pricing, and pay structures, as well as common organizational pay programs. Compensation policies and programs are also discussed, as well as how to manage payroll-related information. This course examines noncash compensation methods such as equity programs and noncash rewards. It also discusses common benefits programs such as health coverage and employee assistance programs (EAPs). Fiduciary responsibilities related to compensation and benefits are also examined, particularly Social Security and Medicare. This course outlines the importance of effective and ongoing employee communications regarding organizational compensation and benefits programs, as well as employee self-service technologies. This course is created to help HR professionals preparing for the Human Resource Certification Institute's (HRCI) PHR and SPHR certification examinations. The content in this course is based on the responsibility and knowledge statements of the PHR and SPHR Body of Knowledge of Society for Human Resource Management (SHRM).Note: UNM Tuition Remission eligible. This is an online class. Dates and times are placeholders only. This class is taken on your own computer at the times and dates that are convenient to you.


Oct 14, 2020


Human Resources , Business & Management





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University of New Mexico Continuing Education

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