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Salary Increase Planning
Course Number: 78

Compensation Analyst Credential (CAC) Notes:

Planning salary increases is a crucial task for organizations. The type, manner, and budgeting procedure utilized with salary increases in organizations of any size have a significant impact on employee turnover, motivation, and performance. Little new exists in this area, as most practices are long-standing (with the exception of software applications that assist in the budgeting process). Before one starts planning these increases, it is worthwhile to know the positive and negative attributes of different salary-increase methods. Surprisingly, this subject is rarely taught in business school. Here we remind professionals what factors must be considered when selecting between the following salary-increase methods: competitive rates, cost-of-living adjustments, or performance pay. We teach the steps involved in budgeting for salary increases, and look at ways to control costs once salary increases have gone into effect.

Compensation Analyst Credential (CAC) Credit Information:

This course is approved by ERI for 1 CAC (Compensation Analyst Credential) credit hour in all areas worldwide. For more information on how to receive the CAC designation, click here.

Course Price:  Free!
Exam Price:  $24.95




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The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors and as a Quality Assurance Service (QAS) sponsor of continuing professional education. Participating state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org.
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ERI Economic Research Institute is an Authorized User of selected Statistics Canada data under Agreement Number 6184. ERI’s intellectual property rights include Patent Nos. 6,862,596 and 7,647,322, "System and method for retrieving and displaying data, such as economic data relating to salaries, cost of living and employee benefits." Other Internet-related applications are Patents Pending.
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DLC courses include material on business definitions, salary comparisons, online business dictionary, human resource development, free job descriptions, SPHR, PHR certification, CCP certification, and job analyses.