Compensation Programs: Administration and Design
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.
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.It is advisable that you complete the following (or equivalent) since they are prerequisites for Compensation Programs: Administration and Design.
Spring 2020 Schedule
Available Format(s):
These courses are fully online, and there are no in-person classroom meetings.
Enrollment limited; early enrollment advised. Internet access required. Materials required.
Hybrid courses utilize a combination of in-person classroom meetings and online meetings.
Enrollment limited; early enrollment advised. Internet access required. Materials required.
Contact Us
This course applies towards the following certificates & specializations…
Corporate Education
Learn how we can help your organization meet its professional development goals and corporate training needs.
Donate to UCLA Extension
Support our many efforts to reach communities in need.