Chapter 10 SPHR Exam: Total Rewards

The HRCI test specifications from the Total Rewards functional area covered in this chapter include SPHR-level responsibilities and knowledge.

Responsibilities:

  • ✓ 01 Analyze and evaluate compensation strategies (for example: philosophy, classification, direct, indirect, incentives, bonuses, equity, executive compensation) that attract, reward, and retain talent.
  • ✓ 02 Analyze and evaluate benefit strategies (for example: health, welfare, retirement, recognition programs, work-life balance, wellness) that attract, reward, and retain talent.

Knowledge:

  • ✓ 41 Compensation strategies and philosophy
  • ✓ 42 Job analysis and evaluation methods
  • ✓ 43 Job pricing and pay structures
  • ✓ 44 External labor markets and economic ...

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