HR Fundamentals: Types of Compensation and Benefits 

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Course features
  • Category: Human Resources
  • Course Length: 8 minutes
  • Series: Fundamentals
  • Video Length: 3.25 minutes
  • Author: The URL dr
  • Resources: Resources to build your understanding and knowledge of the fundamentals of human resources.
Course overview
In this micro course, you’ll learn how compensation decisions can impact your business, the four different types of compensation and benefits, and how to adjust compensation for different roles and people.
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course learning objectives
  • Examine what compensation and benefits are
  • Identify why compensation is important
  • Identify 4 types of compensation and benefits
  • Examine compensation and benefits that are required by law
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Certification included
Downloadable certificate upon completion.

What do I pay a salesperson vs a manager?

"Types of Compensation and Benefits" discusses the need for companies to offer attractive compensation and benefits package if they want to recruit and retain top talent. But who makes these decisions? What does it mean to be compensated fairly? Why might a software developer get paid more than a salesperson? And how do you determine how much a position gets paid?

In the end, employers want to offer a compensation package that’s competitive and encourages employees to stick around. Employees want to be compensated fairly for their time and effort. This course lays out the framework to accomplish that successfully in your organization. 
What We Offer

What's included in this online course?

Video

Professional video is included with every course, discussing main topics and recapping key learning points.

Knowledge Checks

Check your retention of material and concepts with fun knowledge checks in the form of quizzes and games.

Engaging Material

Interactive elements, scenarios, and knowledge checks make learning entertaining and boost comprehension. 

Business Soft Skills

Critical knowledge to increase your value to your employer. Study at your own pace, at home or on the go.

Additional Resources

A list of additional resources is included with each course, directing students to extra material for further study.

Summary / Checklist

Each course comes with a summary of the key areas taught, in addition to a checklist for immediate implementation of ideas.
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Skills you'll learn in this course

Finance

Human Resources Administration

Professional Development

Kim Merritt

Kim Merritt, The URL dr, has been teaching and training the business community for over thirty years. Her company's line of business soft skill micro courses are a quick and effective way to master a new competency in fifteen minutes or less. 
Patrick Jones - Course author