WorldatWork Class: T3 - Quantitative Methods

Quantitative Methods

Understand HR Statistics

This course focuses on general quantitative concepts, basic statistical tools, the mathematics of total compensation design and administration, mathematical modeling, and regression analysis. Participants learn to consider data from numerous sources, with an emphasis on problem solving and decision making.

• Learn basic quantitative concepts and the four levels of measurement
• Understand how to define and compare percents, market index and compa-ratios
• Study the time value of money—including compound interest and the compound salary growth rate
• Find out how to collect, analyze and accurately display statistical data
• Learn how to determine central tendency and measures of central location
• Discuss measures of variability
• Explore shapes of distribution
• Gain an understanding of modeling and regression analysis

Register for training class here.