Compensation Fundamentals

In today’s uncertain economy, it is critical for an organization to offer a competitive compensation package to attract and retain quality employees. This course covers the essentials of compensation management, including organizational strategies; program development and design; important terms and definitions; and a review of the related legal environment.

Workplace Applications:

• Identifying and using competitive practice information
• Knowing applicable government regulations, including reporting and disclosure requirements
• Reviewing variable pay programs and creating an appropriate pay structure design
• Understanding and applying appropriate job analysis and evaluation processes
• Realizing the importance of identifying the organization’s philosophy, objectives and strategy

This is a core course in the Human Resources Certificate.