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.

READ MORE ABOUT THIS COURSE
Fall
Winter
Spring
Summer
Online
Starting at $765.00
As few as 9 weeks
4.0

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. 
Prerequisites
MGMT X 450 Elements of Human Resources Management or consent of instructor.

Fall 2020 Schedule

Available Format(s):

These courses are fully online and have no regular meeting times.

Available
-
This section has no set meeting times.
Instructor: Daniel Van Bogaert
375602
Fee:
$765.00
14 days left. Enroll by Oct 5, 2020
See Details
Notes

Enrollment limited; early enrollment advised. Internet access required. Materials required.

Refund Deadline
No refunds after October 09, 2020
Course Requirements
Internet access required to retrieve course materials.

Contact Us

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