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Regression Analysis Used in Compensation Administration
Course#: 49

Category: Special Topics

Field of Study: Statistics

Audience: HR Managers, HR Generalists

Level of Difficulty: Advanced

Delivery Method: Self-Study

Prerequisites:
  • Some college level courses with moderate algebraic training
  • ERI Distance Center Course 09: Basic Quantitative Methods
Advanced Preparation: None

Overview:
This course teaches you how to use regression analyses in compensation administration. First you will gain a background in distributions, standard deviation, standard error and correlation. Then this course will show you how to use linear and multiple regression to analyze pay levels in order to create more rational and competitive wage structures for your organization.

Learning Objectives:
  • Apply the concept of correlation to regression analysis
  • Describe and compute standard deviation and standard error
  • Perform regression analyses, including the derivation of a linear regression equation and other regression techniques
  • Analyze regression outputs
  • Use research software to set compensation based on regression analyses
Credit and Professional Continuing Education Information:

*The Course Credit Map displays credit types offered by location and corresponding lists of eligible courses.

Course Price:  Free!
Exam Price:  $24.95




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