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Managing Compensation and Benefits (HRCI-PHR/SPHR)
Rating: 3.8 out of 5(121 ratings)
413 students

Managing Compensation and Benefits (HRCI-PHR/SPHR)

Course 14 of 20 of The Human Resources Certification Program (HRCI - PHR/SPHR)
Last updated 11/2025
English

What you'll learn

  • Job Evaluation, Pricing, and Pay Structures
  • Organizational Pay Programs
  • Compensation Policies and Programs
  • Managing Payroll-related Information

Course content

1 section39 lectures2h 25m total length
  • A day in the life of a human resources manager2:59

    A day in the life of a human resources manager

  • Course Choice, Skill Development and Prior Knowledge
  • Course Overview2:03

    This is course 14 of 20 of the Human Resources Certification Program.

  • Effective Learning7:04

    Effective Learning

  • FAQs1:03

    FAQs

  • Program Overview (1)14:38

    The program is aligned with the HRBoK - A Guide to the Human Resource Body of Knowledge developed by the above mentioned certification institute and includes a number of 20 sections also presented as individual courses for your convenience.

  • The Influence of Contemporary HR0:02

    The Influence of Contemporary HR

  • Program Overview (2)11:23

    The program is aligned with the HRBoK - A Guide to the Human Resource Body of Knowledge developed by the above mentioned certification institute and includes a number of 20 sections also presented as individual courses for your convenience.

  • The Employee Life Cycle0:01

    The Employee Life Cycle

  • The Science of Better Learning5:14

    The Science of Better Learning

  • HR Competency Model0:20

    HR Competency Model

  • Program Overview (3)11:33

    The program is aligned with the HRBoK - A Guide to the Human Resource Body of Knowledge developed by the above mentioned certification institute and includes a number of 20 sections also presented as individual courses for your convenience.

  • HR Career Mosaic0:45

    HR Career Mosaic

  • Program Overview (4)13:07

    The program is aligned with the HRBoK - A Guide to the Human Resource Body of Knowledge developed by the above mentioned certification institute and includes a number of 20 sections also presented as individual courses for your convenience.

  • Human Resource DNA0:10

    Human Resource DNA

  • Useful info0:51

    Useful info

  • Glossary of Terms0:01

    Glossary of Terms

  • Legal Issues0:01

    Legal Issues

  • Program Overview
  • Job Evaluation, Pricing, and Pay Structures (1)2:36

    In topic one, Job Evaluation, Pricing, and Pay Structures, you'll learn about job evaluation methods, job pricing, and pay structures.

  • Job Evaluation, Pricing, and Pay Structures (2)3:10

    In topic one, Job Evaluation, Pricing, and Pay Structures, you'll learn about job evaluation methods, job pricing, and pay structures.

  • Job Evaluation, Pricing, and Pay Structures (3)2:01

    In topic one, Job Evaluation, Pricing, and Pay Structures, you'll learn about job evaluation methods, job pricing, and pay structures.

  • Job Evaluation, Pricing, and Pay Structures (4)2:57

    In topic one, Job Evaluation, Pricing, and Pay Structures, you'll learn about job evaluation methods, job pricing, and pay structures.

  • Job Evaluation, Pricing, and Pay Structures (5)4:04

    In topic one, Job Evaluation, Pricing, and Pay Structures, you'll learn about job evaluation methods, job pricing, and pay structures.

  • Job Evaluation, Pricing, and Pay Structures (6)5:51

    In topic one, Job Evaluation, Pricing, and Pay Structures, you'll learn about job evaluation methods, job pricing, and pay structures.

  • Organizational pay programs (1)1:40

    There are a number of different base-pay systems used, such as a single- or flat-rate system, merit-based systems, and performance systems. In a single- or flat-rate system, everyone has the same base rate regardless of their position or their qualifications.

  • Organizational pay programs (2)1:37

    There are a number of different base-pay systems used, such as a single- or flat-rate system, merit-based systems, and performance systems. In a single- or flat-rate system, everyone has the same base rate regardless of their position or their qualifications.

  • Organizational pay programs (3)1:28

    There are a number of different base-pay systems used, such as a single- or flat-rate system, merit-based systems, and performance systems. In a single- or flat-rate system, everyone has the same base rate regardless of their position or their qualifications.

  • Organizational pay programs (4)2:38

    There are a number of different base-pay systems used, such as a single- or flat-rate system, merit-based systems, and performance systems. In a single- or flat-rate system, everyone has the same base rate regardless of their position or their qualifications.

  • Organizational pay programs (5)2:31

    There are a number of different base-pay systems used, such as a single- or flat-rate system, merit-based systems, and performance systems. In a single- or flat-rate system, everyone has the same base rate regardless of their position or their qualifications.

  • Concepts, Insights and Inquiries
  • Compensation Policies and Programs (1)2:39

    In topic three, Compensation Policies and Programs, we'll discuss external labor markets and economic factors, as well as how to develop, implement, and evaluate compensation policies and programs.

  • Compensation Policies and Programs (2)2:08

    In topic three, Compensation Policies and Programs, we'll discuss external labor markets and economic factors, as well as how to develop, implement, and evaluate compensation policies and programs.

  • Compensation Policies and Programs (3)2:34

    In topic three, Compensation Policies and Programs, we'll discuss external labor markets and economic factors, as well as how to develop, implement, and evaluate compensation policies and programs.

  • Compensation Policies and Programs (4)4:42

    In topic three, Compensation Policies and Programs, we'll discuss external labor markets and economic factors, as well as how to develop, implement, and evaluate compensation policies and programs.

  • Managing Payroll-related Information (1)2:22

    In topic four, Managing Payroll-related Information, the focus will be on managing payroll-related data and information, including new hire documentation, pay adjustments, and employment termination paperwork.

  • Managing Payroll-related Information (2)2:35

    In topic four, Managing Payroll-related Information, the focus will be on managing payroll-related data and information, including new hire documentation, pay adjustments, and employment termination paperwork.

  • Managing Payroll-related Information (3)1:37

    In topic four, Managing Payroll-related Information, the focus will be on managing payroll-related data and information, including new hire documentation, pay adjustments, and employment termination paperwork.

  • Managing Payroll-related Information (4)5:19

    In topic four, Managing Payroll-related Information, the focus will be on managing payroll-related data and information, including new hire documentation, pay adjustments, and employment termination paperwork.

  • Practical Activity: Designing a Compensation Package
  • Compensation and Benefits- Managing Policies, Programs, and Activities
  • Managing Compensation and Benefits (HRCI-PHR/SPHR)
  • Compensation and Benefits- Managing Policies, Programs, and Activities1:54

    This is course 14 of 20 of the Human Resources Certification Program.

  • Takeaways, Practical Applications and Endorsements
  • Ready to ace the HRCI - PHR Exam?0:23

    After completing the Project Management Professional Certification Program (PMP), take your preparation to the next level with the Test Prep: The Human Resources Certification Program (HRCI - PHR/SPHR).

    Dive deep into key topics, practice with real exam scenarios, and ensure you're fully equipped to conquer the PMI exams with confidence.

  • Applied Knowledge is the Real Power17:45

    You think knowing stuff changes the game? You think sitting in a library, stacking up facts like you’re building a Jenga tower, is gonna make you a winner? Man, that’s cute. But life ain't a trivia night. Information alone? It’s worthless. It’s like having a Lamborghini in your garage but you never learned how to drive. You just sit in it, making engine noises. Vroom vroom. People walk by, they see the car, but they also see you ain't going nowhere. You got all this knowledge, all these textbooks, but when life throws a punch, you’re still looking up the definition of "duck." It’s what you *do* with that information that actually matters. Don't be the person with the shiny car and no keys.

Requirements

  • No special requirements or prerequisites
  • The course is aligned with the HRBoK - A Guide to the Human Resource Body of Knowledge

Description

The Compensation and Benefits: Managing Policies, Programs, and Activities course is the 14th of 20 courses developed as part of the Human Resources Certification Program.

In this course, the focus will be on compensation policies, programs, and activities. We'll examine methods for job evaluations, pay structures, and common compensation structures. Then the discussion will turn to compensation policies and programs, as well as how to manage payroll- related information.

In topic one, Job Evaluation, Pricing, and Pay Structures, you'll learn about job evaluation methods, job pricing, and pay structures.

A well-documented and accurately used performance evaluation system is a must when using the performance-based system. In topic two, Organizational Pay Programs, our focus will be on pay programs, such as variable systems, including flat-rate and step-rate, as well as merit systems, including productivity-based and person-based.

Incentive pay plans don't work for every organization. In topic three, Compensation Policies and Programs, we'll discuss external labor markets and economic factors, as well as how to develop, implement, and evaluate compensation policies and programs.

Payroll systems should reduce the number of human errors. In topic four, Managing Payroll-related Information, the focus will be on managing payroll-related data and information, including new hire documentation, pay adjustments, and employment termination paperwork.

That’s it! Now, go ahead and push that “Take this course” button and see you on the inside!

Who this course is for:

  • Young professionals who are just beginning their HR career journey (aPHR Certification)
  • Experienced professionals looking to establish themselves in the HR field (PHR Certification)
  • Seasoned professionals aiming to solidify their credibility as an HR leader (SPHR Certification)