MGT 559 MANAGING TOTAL COMP

This course is designed to review the importance of total compensation in today146s business environment. The course content will focus on management146s role in administering equitable, incentive-based compensation practices and plans and employee benefits programs. Students will have the opportunity to explore contemporary approaches to total compensation, including topics such as performance-based pay practices; job analysis and evaluation; internal consistency and external competitiveness; salary surveys; incentive systems; performance appraisals; and benefits programs. Discussion of relevant regulatory practices, laws, and the importance of strategic compensation will also be covered. Students completing the course will be expected to have acquired an understanding of how total compensation influences employee motivation and productivity.

Credits

Prerequisite

MGT 555

Distribution

MANAGEMENT