HRPO 2306 - Benefits and Compensation

3 Credits (3 hrs. lec.) An overview of employee compensation systems. Topics include compensation systems, direct and indirect compensation, internal and external determination of compensation, benefits administration, managing and evaluating for effectiveness, legal and regulatory issues, pay equity, job analysis affecting job compensation and competencies. Prerequisite: None
Course Outcomes
1 - Define a total compensation system.
2 - Identify objectives of an organization’s compensation system.
3 - Discuss factors that affect compensation programs.
4 - Discuss how a compensation system is linked to employee performance.
5 - Identify the steps to establish a total compensation system.
6 - Identify key legislation affecting the benefits function of human resource management.