Training & Certification

Upcoming 2018 World at Work Certification Training

Location: The Silver Cloud Hotel-Seattle Stadium 

1046 1st Ave S.  Seattle, WA 98134

• Classes typically begin at 8:30 am and end by 5:00 pm
• Breakfast and lunch is provided both days

August 23-24, 2018

 Accounting and Finance for the Human Resources Professional (T2)

This course presents an introduction to U.S. accounting regulations and practices. It will provide you with the understanding you need to interact effectively with accounting and finance departments in your company. You will:

  • Identify the key financial components of the annual report
  • Describe the importance of cash flow to companies and shareholders
  • Focus on the measures and processes used to assess companies' financial health
  • Recognize the measures that are affected directly or indirectly by the HR function
  • Explore methods of financing the business and financial planning issues
  • Focus on the relationship between the HR department and the finance department

What You Will Learn:

Introduction to Accounting

  • HR — a strategic business partner
  • Governing bodies and policies
  • Major groups of accounts
  • Financial statements
  • Accounting types
  • Financial measures
  • Problems with accounting
  • Underlying principles
  • Components of the annual report

The Balance Sheet

  • Assets /Liabilities
  • Shareholders’ equity
  • Summary concept
  • Liquidity measures / Debt ratios

The Income Statement

The Income Statement

  • Revenue/sales/Cost of goods sold
  • Gross margin / Operating expenses
  • Provision for taxes / Net income
  • Earnings per share / Return on sales

Statement of Cash Flows and Shareholders’ Equity

  • Statement of Cash Flows
  • Statement of shareholders’ equity
  • Review of the four required statements
  • Debt ratios review
  • Profitability measures
  • Funds management ratios

Planning and Financing the Business

  • Financial planning
  • Typical planning process
  • Developing business plans
  • Evaluating capital projects
  • Financing the business
  • Financing sources

The Strategic Partnership—Human Resources and Finance

  • Recording compensation and benefits costs
  • Mandatory benefits
  • Welfare benefits
  • Retirement plans
  • Communication

Who Should Attend?

This is intended for human resources or compensation professionals with limited knowledge of accounting and finance.


 

October 25-26, 2018




 Quantitative Methods (T3 / GR3)

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. You will:

  • Learn basic quantitative concepts and the four levels of measurement.
  • Understand how to define and compare percentages, 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

What you will learn:

Statistics—Data, Information and Levels of Measurement

  • Why HR professionals collect and use data
  • Five key questions to ask about the variable of interest
  • Levels of measurement

Percentages and Related Issues

  • Individual and department compa-ratio
  • Market index
  • Percent difference
  • Developing salary ranges

Time Value of Money

  • Compound interest and compound salary growth rate
  • Constant midpoint progression
  • Annuity payments

Statistics—Collecting, Organizing, Grouping and Displaying Data

  • Populations and samples
  • Frequency distributions
  • Organize, group and display data

Statistics—Lying with Statistics, Graphs and Displays

  • Recognizing distorted data
  • Mistakes that distort data

Statistics—Measures of Central Tendency and/or Location

  • Measures of central tendency
  • Measures of location
  • Percentile bars

Measures of Variability

  • Interquartile range
  • Standard deviation
  • Z-scores

Statistics—Shapes of Distributions

  • Interpreting distributions
  • Normal distribution

Regression Analysis

  • Regression models in an HR environment
  • Developing a regression model
  • Cautions in the interpretation of correlations
  • Multiple regression

Who Should Attend?

This course is intended for those who seek knowledge in applying statistics in total compensation management. Participants will benefit most from this course if they are proficient in the concepts covered in course T1/GR1. It is assumed that participants have had no formal exposure to statistics, but have had a basic algebra course.






     

    Not a NCRF member yet? Click here to find out the benefits of membership and how to join.

    Just want to read more about the WorldatWork courses hosted by NCRF? click here

    As a member of NCRF, you may attend WorldatWork certification courses in Portland. We have a reciprocation agreement with Columbia Willamette Compensation Group and you may attend their classes at the NCRF member rate. Check out their website for upcoming classes:  http://www.cwcg.org/

    2018 Training Cost

    Course and Exam: Includes tuition, course material and certification exam

    • $1,350 NCRF and CWCG members (10% discount off W@W Member price!)

    • $1,495 W@W members

    • $2,200 non-members

    Course Only - 2 day: Includes tuition and course material

    • $1,255 NCRF and CWCG members (10% discount off W@W Member price!)

    • $1,390 W@W membership only

    • $2,085 non-members

    Exams: 

    Exams for the certification courses are offered via computer based testing (CBT) through an external vendor. https://www.worldatwork.org/waw/cbt/faq.html

    Register for a course:

    To receive the NCRF member pricing; please login to the member only area or contact WorldatWork's Customer Relationship Services at 1-877-951-9191.  (Please indicate that you are a current member of NCRF when registering for your course(s).) 



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