Enrollment limited; early enrollment advised. Internet access required.
In-Person Classes: Expect traffic delays near Westwood this week. Allow extra time to commute.
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.
Fall
Winter
Spring
Summer
Online
Starting at $855.00
As few as 11 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 2024 Schedule
Date & Time
Details
Format
Online
Notes
Refund Deadline
No refunds after September 27, 2024
Course Requirements
Book:
The World at Work Handbook of Total Rewards
by World at World
Wiley
ISBN 9781119682448
This course applies towards the following certificates & specializations…
Corporate Education
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