Compensation Programs: Administration and Design

MGMT X 450.31

Creating a compelling compensation package is crucial to attracting the right talent to achieve organizational goals. Gain a comprehensive overview of how to design and deliver effective compensation programs in this course.

Starting at $855.00
As few as 11 weeks

What you can learn.

  • Examine the concepts, techniques, strategies, and forces that shape the development of a comprehensive compensations plan
  • Delve into salary administration, incentive plans, and stock-based programs
  • Understand how the underlying factors of motivation, performance evaluations, and labor marketing dynamics affect the development of compensation programs
  • Learn the laws and regulations that apply to compensation
  • Apply the concepts learned to build a compensation program

About this course:

In this introductory course, students explore compensation as a key factor in achieving organizational goals. In addition to introducing current concepts, approaches, techniques, and terms, instruction examines the forces that shape the development of compensation strategies, plans, and policies. Topics include salary administration, incentive plans, and stock-based programs; the factors of motivation, performance evaluation, labor market dynamics, and budgeting that underlie the development of compensation programs; key steps involved in developing salary administration and cash-incentive programs; major laws and regulations that apply to compensation; and the way compensation programs are designed for specific job families, units/functions, and levels of organization. 
MGMT X 450 Elements of Human Resources Management or consent of instructor.

Fall 2023 Schedule

Date & Time
This section has no set meeting times.
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Instructor: Daniel Van Bogaert
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Still accepting enrollments
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Enrollment limited; early enrollment advised. Internet access required. 

Refund Deadline
No refunds after September 29, 2023
Course Requirements
Book: Compensation by B.Gerhart

Contact Us

Speak to a program representative. Hours: Mon-Fri, 8am-5pm.

This course applies towards the following certificates & specializations…

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