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Feb. 5, 2013 /PRNewswire-USNewswire/ -- While many compensation professionals use point solutions and enterprise systems (e.g., Oracle, PeopleSoft, SAP), by far the most popular tool for salary structure design (89%) is spreadsheet applications, according to a 2012
WorldatWork/Deloitte Consulting study. With a vast majority of companies using Microsoft Excel in their compensation process, WorldatWork has introduced several Excel practical application courses and resources to help compensation professionals manage and analyze high volumes of data. One of the courses,
Excel Skills for Compensation Professionals, will be presented live in seven cities in April, in addition to the regular online blended learning format.
For a class description and requirements, visit
Excel Skills for Compensation Professionals
is one of four
WorldatWork training courses and resources that assist compensation professionals with their day-to-day tasks in Excel, including
Excel Tips for Compensation Professionals,
Excel Dashboards: A How-to for Compensation Professionals, and
Quantitative Principles in Compensation Management.
"There are many powerful yet underutilized tools in Excel that will benefit every compensation professional," said
Kerry Chou, a Certified Compensation Professional (CCP) and practice leader at WorldatWork. "With many organizations understaffed, harnessing the power of Excel will maximize productivity and enhance the quantity and quality of data analyses."
While the regular online blended learning format is available year-round, Excel Skills for Compensation Professionals will be taught live in a classroom environment only this April by
Dianne Auld, CCP, GRP, CSCP, from
Cape Town, South Africa. Auld is a WorldatWork faculty member and a reviewer for
WorldatWork Journal. Highly regarded as an expert in the compensation field and Excel, Auld's skills and expertise are in high demand, and her classes tend to sell out quickly.
"Knowing the right techniques can save you not just hours but days of time," said Auld. "Compensation professionals who are not using Excel pivot tables, for example, are probably spending twice as much time on analyses."