Total Rewards & the Role of Compensation & Benefits

Total Rewards & the Role of Compensation & Benefits

This course is part of ADP Entry-Level Compensation and Benefits Analyst Professional Certificate

Instructor: ADP Learning Academy

16,245 already enrolled

What you'll learn

The requirements for attaining the ADP HR Compensation and Benefits Analyst Professional Certificate.
To identify the value and risks created by the strategy factors given a fictitious total rewards program strategy.
The typical role of a Compensation and Benefits Analyst in terms of the responsibilities and expectations.
To evaluate your strengths and development opportunities compared with the skills and competencies of a successful Compensation and Benefits Analyst.

Skills you'll gain

Details to know

Shareable certificate

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Assessments

5 assignments

Taught in English

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This course is part of the ADP Entry-Level Compensation and Benefits Analyst Professional Certificate

When you enroll in this course, you'll also be enrolled in this Professional Certificate.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate from Automatic Data Processing, Inc. (ADP)

There are 3 modules in this course

This course is the first in ADP’s HR Compensation and Benefit Analyst professional certificate. It begins with an overview of the program, so you know exactly what to expect. Then, you’ll learn about our first key concept: total rewards and the role Compensation and Benefits plays in designing, administering, and managing an organization’s total rewards strategy.

After completing this course, you’ll have the skills to: • Identify contributing factors of a total rewards strategy that creates value for organizations and employees. • Determine the role of Compensation and Benefits in terms of the duties and expectations for the general function and the Analyst role. • Evaluate your strengths and abilities as compared to the skills and competencies of a typical Compensation and Benefits Analyst.

This module was designed to set you up for success throughout the program. You’ll learn about the structure, activities that make up the program. Also, you’ll be introduced to Blue Space Tech – a fictitious company you’ll work with in activities and projects.

What's included

2 videos2 readings1 assignment1 discussion prompt

In this module, you’ll explore the elements of a total rewards program and how they create value for both an organization and employees. You’ll also learn about what goes into designing and maintaining a high-value total rewards program.

What's included

3 videos5 readings1 assignment

3 videosTotal 8 minutes

The Elements of Total Rewards3 minutes
The Value of Total Rewards3 minutes
Strategy Design and Maintenance3 minutes

5 readingsTotal 21 minutes

Introduction to Total Rewards and the Role of the Compensation and Benefits Analyst1 minute
A Closer Look: Compensation5 minutes
A Closer Look: Benefits and Well-being Programs5 minutes
A Closer Look: Development and Recognition5 minutes
Total Rewards Statements5 minutes

1 assignmentTotal 5 minutes

Knowledge Check!5 minutes

This module examines the role and value of Compensation and Benefits within HR, key challenges the function faces, and common team roles across organizations of different sizes. After completing a self-assessment, you’ll create a plan to focus your studies during this program and, potentially, your future career development.