• Current Students
• Prospective Students
• Parents & Families
• Faculty & Staff
• Alumni
• Community
• Donors & Friends

Compensation Fundamentals

In today’s economy, it is critical for an organization to offer a competitive compensation package that is appealing to potential employees as well as cost effective for the company. 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. You will use examples from your own work environments to immediately integrate your new knowledge and skills into your compensation responsibilities.

 Workplace Applications:

• Identify and use competitive practice information
• Know applicable government regulations, including reporting and disclosure requirements
• Review variable pay programs and creating an appropriate pay structure design
• Understand and apply appropriate job analysis and evaluation processes
• Realize the importance of identifying the organization’s philosophy, objectives and strategy