BUS 519
Department |
Management |
Course Code |
BUS 519 |
Compensation Management | |
Course Credit |
3 hours |
Prerequisite Course |
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Course Level |
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Course Description |
This course goes in-depth in addressing traditional and modern approaches to financial compensation. The topics covered include job evaluation methods, benchmarking, salary scale design and administration, financial incentives (individual, group and company-wide) and benefits. The course highlights the principles of equity and long-term efficiency in designing compensation systems. The relationship between compensation systems and organizational structure, organizational culture, work motivation and employees’ attitudes are addressed. The use of HR information systems in compensation is reviewed. |
Course Material |
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Reading |
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Course Language |
English |