This basic-level course focuses on general quantitative concepts, basic statistical tools, the mathematics of total compensation design and administration, mathematical modeling, and regression analysis. Participants learn to consider data from numerous sources, with an emphasis on problem solving and decision making.
Learn basic quantitative concepts and the four levels of measurement
Understand how to define and compare percents, market index and compa-ratios
Study the time value of money—including compound interest and the compound salary growth rate
Find out how to collect, analyze and accurately display statistical data
Learn how to determine central tendency and measures of central location
Discuss measures of variability
Explore shapes of distribution
Gain an understanding of modeling and regression analysis
What You Will Learn
Statistics—Data, Information and Levels of Measurement
Why HR professionals collect and use data
Five key questions to ask about the variable of interest
Levels of measurement
Percents and Related Issues
Percents
Individual compa-ratio
Department compa-ratio
Market index
Percent difference
Developing salary ranges
Percents in benefits management
Time Value of Money
Compound interest and
compound salary growth rate
Constant midpoint progression
Annuity payments
Statistics—Collecting, Organizing, Grouping and Displaying Data
Populations and samples
Frequency distributions
Organize, group and display data
Statistics—Lying with Statistics, Graphs and Displays
Recognizing distorted data
Mistakes that distort data
Statistics—
Measures of Central Tendency and/or Location
Consider Bringing This Course to Your Location This professional development program and others offered by WorldatWork can be customized to meet the unique needs of your organization and delivered at your location. For more information, contact a Corporate Education Resource Manager at 877/710-5970 or 480/905-5980.
Course binder only $690 USD | Member: $460 USD(plus shipping and handling)
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Course Binder & Certification Exam Package Includes BAII calculator, course binder and exam credit. $1,400USD* | Member $995USD(plus shipping & handling.)
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Computer-Based Certification Exam Only $880USD | Member $625USD
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Please note: If you are purchasing an exam option, you must schedule and complete the computer-based exam within 120 days from the first day of a live instructor-led class or from date of purchase for all self-paced learning packages. Your eligibility expires after 120 days; however, 30-day exam extensions are available for a $150 USD fee when purchased before the original access expires. It is recommended that you complete your exam in a timely manner as exams may be updated without notification. Instructions for scheduling your computer-based exam will be provided at purchase. Learn more at www.worldatwork.org/cbt. Self-study binder and all e-learning product purchases are nonreturnable.
WorldatWork classroom locations offer e-binder technology to participants. Your certification course binder (and BAII calculator, if applicable) will be available for pick up on site the day of the course. For two-day courses, you may access the e-binder PDF two weeks prior to the course start date or upon registration if you register within two weeks of the course. Live instructor-led class registrants, you will receive your course binder prior to the first day of class. Self-paced e-learning course purchasers now have the option of print or e-binders. Those who choose the e-binder option will receive the binder electronically for the length of your e-learning program. Those who choose the print version of the course binder will receive it 5-7 days after date of purchase. 30-day extensions of e-learning access are available for a fee if purchased before original access expires.
Please visit www.worldatwork.org/seminars to download course binder amendments, view class rosters and to find out what to bring to your class.
*Join now and receive the best value. This includes both a one-year WorldatWork Premier membership and course registration. Add the course to your cart and then click "Join Now" before proceeding to check out.