Department

Management

Course Code

MGT 461

Course Title

Compensation Management

Course Credit

 3 hours

Prerequisite Course

102 MGT

Course Level

8

Course Description

This course aims to clarify the principles and basic concepts of compensation management in organizations, including the role of human resources management in dealing with employees, and methods used to provide compensation. It also highlights the importance of maintaining the capable education qualification, the value of developing the employees' skills, and the significance of providing the appropriate atmosphere for the employees. Several important topics will be addressed in the course such as: Compensation professionals’ goals within a human resource department, Ways to strengthen the pay-for-performance link, Ways to strengthen the pay-for-performance link, and Health insurance concepts.

Course Material

Strategic Compensation: A Human Resource Management Approach, 7/E by Joseph J. Martocchio

Reading Recommendation

http://www.nice.com/engage/incentive-compensation-management

http://managementhelp.org/payandbenefits/

Course Language

English