Using Statistics in Compensation

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    Live Webinar           on
 
        Using Statistics in Compensation

    Date & Time:                                                                                                                       

        Thursday, July 28, 2011            10:00 AM PDT | 01:00 PM EDT
                                                                                                   Register Now                        
        Duration: 90 Minutes               Instructor: David J. Wudyka

        Location: Online                   Price : $145.00   (for one participant)

                                                                                              Instructor Profile:

    Overview:
                                                                                                         David J. Wudyka
    This webinar will address the math behind pay program design and                                    Founder, Westminster
    administration, from the design of pay structures through the                                            Associates
    analysis of pay survey data that enables practitioners to create and
    analyze pay ranges, pay survey data, individual and group pay rates,                      David J. Wudyka, SPHR, is an
    and other elements of a compensation program.                                             independent Human Resource
                                                                                              Consultant with over 30 years
                                                                                              experience in the profession. He is
    Why you should attend:                                                                    the Managing Principal of
    Have you ever wondered about the "math" of managing and                                   Westminster Associates in
    administering a Compensation Program? Have you ever been faced                            Wrentham, MA, a Human Resource
                                                                                              Consulting firm offering a wide array
    with making a calculation that you didn't understand? Or
                                                                                              of Human Resource consulting
    understanding the rationale behind a pay program statistic? In this
                                                                                              services, including the design of
    webinar David J. Wudyka will identify the measures that                                   Compensation programs. He is one
    Compensation professionals use when they design and administer                            of the first people in the United
    pay programs, from the creation of pay structures through the                             States certified in the Compensation
    analysis of pay survey data.                                                              field by the World At Work. David is
                                                                                              also an Adjunct Faculty member at
                                                                                              several universities in New England,
    Areas Covered In the Seminar:                                                             including the University of
                                                                                              Massachusetts at Boston and the
    l    How to create and analyze pay range widths ("spreads")
                                                                                              Massachusetts College of Pharmacy
    l    Why "weighted averages" are more widely used than "medians"
                                                                                              and Health Sciences in Boston.
    l    Defining "means", "medians" and "modes" (and how to use them)                        ...more
    l    How to understand the statistics of pay structure design
    l    Understanding the difference between regression and correlation
         analysis, and how to apply them effectively in pay program
         analysis
    l    How "percentiles" differ from "percents", and how to calculate
         them
    l    How to calculate rate range minimums and maximums from
         estimated midpoints
    l    Calculating the "penetration" of pay rates in pay ranges
    l    The Compa-ratio: what it is, how to calculate it and how to used it
    l    Why pay ranges are divided into "quartiles"
    l    The difference between "linear regression" and "multiple
         regression"
    l    How to estimate the number of grade levels between two new
         pay structure midpoints


    Click here to register for this webinar


    Who Will Benefit:


          l   Compensation Analysts
          l   Human Resource Generalists
          l   Human Resource Managers who are new to the Compensation   
              function


It would be really nice if you can circulate this mail to all your deserving colleagues who can immensely
benefit from this program.

For more information, please contact the event coordinator. We look forward to seeing you at the webinar.

Best regards,
Event-coordinator
TrainHR




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Description: This webinar will address the math behind pay program design and administration, from the design of pay structures through the analysis of pay survey data that enables practitioners to create and analyze pay ranges, pay survey data, individual and group pay rates, and other elements of a compensation program.