90% of Companies Use Microsoft® Excel® In Compensation Process

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Feb 05, 2013, 10:15 ET

SCOTTSDALE, Ariz., 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 http://bit.ly/W60m2E

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."

To view a video of Dianne Auld, visit http://bit.ly/W60m2E

Auld will teach Excel Skills for Compensation Professionals live and in person in the following cities:

San Francisco, CA — April 4-5
Long Beach, CA — April 8-9
Dallas, TX — April 11-12
Chicago, IL — April 15-16
Atlanta, GA — April 18-19
Washington, D.C. — April 22-23
Boston, MA — April 25-26.

About WorldatWork®
The Total Rewards Association

WorldatWork (www.worldatwork.org) is a nonprofit human resources association for professionals and organizations focused on compensation, benefits, work-life effectiveness and total rewards – strategies to attract, motivate and retain an engaged and productive workforce. WorldatWork and its affiliates provide comprehensive education, certification, research, advocacy and community, enhancing careers of professionals and, ultimately, achieving better results for the organizations they serve. WorldatWork has more than 65,000 members and subscribers worldwide; 95 percent of Fortune 500 companies employ a WorldatWork member. Founded in 1955, WorldatWork is affiliated with more than 70 local human resources associations and has offices in Scottsdale, Ariz., and Washington, D.C.

WorldatWork Society of Certified Professionals® is the certifying body for six prestigious designations: the Certified Compensation Professional® (CCP®), Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), Work-Life Certified Professional® (WLCP®), Certified Sales Compensation Professional (CSCP)™ and Certified Executive Compensation Professional (CECP)™.

The WorldatWork group of registered marks also includes: Alliance for Work-Life Progressor AWLP, workspan and WorldatWork Journal.

Contact: Marcia G. Rhodes, (480) 304-6885, [email protected]

SOURCE WorldatWork