What you'll learn:
- What is compensation and benefits
- How to conduct job analysis
- How to conduct job evaluation
- How to create a pay structure
- How to interpret salary survey data
- How to design employee benefits packages
- How to structure base pay vs. variable pay/incentives
Ever wondered how companies decide what to pay someone - or why two people in the same role can earn different salaries? By the end of this course, you'll know how to answer that, and more importantly, how to do it yourself.
This course takes you from the fundamentals of Compensation & Benefits (C&B) to practical, job-ready skills. You won't just learn definitions - you'll build a pay structure, run a job evaluation, and interpret a real salary survey, step by step.
What you'll be able to do by the end of this course:
Design a total rewards strategy that fits a company's size and goals
Conduct a job analysis and write clear, defensible job descriptions
Run a job evaluation using non-analytical (like job classification) and analytical (like point-factor) methods
Build a pay structure with grades, ranges, and midpoints
Source and interpret salary survey data to benchmark pay
Distinguish base pay, variable pay, and incentive structures
Design a competitive benefits package within a budget
Navigate pay equity and transparency considerations
Apply compensation analytics to support real pay decisions
Who this course is for:
HR generalists moving into a Compensation & Benefits specialization
Recruiters who want to speak confidently about pay and offers
Small business owners building their first pay structure
MBA and HR students preparing for a C&B-focused career
Anyone curious how organizations actually decide what to pay people