Choosing a Retirement Solution for Your Small Business

Get the facts on the most popular types of retirement plans, how to establish them, the tax advantages, and more. 6 pp.

Environments of Compensation and Benefits Administration

This course describes the economic, social, organizational and technical environments that influence compensation and benefits administration in the United States. Current and historical influences are discussed. Employment demographics and trends are examined. Labor markets, worker values, organization factors and the impact of the Internet are a few of the topics covered.

Federal Employment Laws That Impact Compensation and Benefits

This online course offers an overview of U.S. federal employment laws that impact compensation and benefits administration. This information is critical, because we live in a litigious society. Employers and Human Resources professionals must know exactly what federal law requires regarding employee compensation and benefits administration. They also must understand federal employment law requirements regarding record-keeping, hiring, and firing, in order to insure their organizations are in compliance with employment law, labor laws, and compensation and benefits management regulations.

Quantitative Methods Used in Benefits Administration

This course introduces you to various quantitative methods used in benefits administration. Key to this course is the application of formulas used in retirement plans: net present value, future value, and annuities. This course also teaches you how to forecast and trend benefit costs using multiple and time series regression analyses. In addition, it covers quantitative methods used to select benefit programs such as the Chi-square test, benchmarking, and cost/benefit analysis.

Online Salary and Benefits Administration

Today Human Resources has many options for administering salary compensation and employee benefits plans online. Organization websites now offer employees numerous features such as health care insurance enrollment and online Summary Plan Descriptions (SPDs), retirement planning and retirement calculators, 401(k) plan maintenance, and more. This course teaches what your organization must consider when launching websites that administer compensation and benefits for employees. You will learn about compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), maintaining website security, the use of personal identification numbers (PINs) and electronic signatures, and employee communication through online documentation.

Basic Quantitative Methods

This online math course teaches everyday mathematics used in Human Resource Management. We begin with a discussion of basic mathematics, including math order of operations and types of measurement. Then we look at how calculating percentages and percentiles can be used to analyze Human Resource data. We show you how to calculate the slope of a line for line graphs. Then we teach techniques involved in the procurement of salary survey data, including random sampling. We show you how to analyze this salary data using a histogram to view normal distribution, skewness, and outliers. After this, we look at how statistical tests and a null hypothesis can be used to prove or disprove your math results.