Total Compensation Management
Great people power great businesses, but attracting and retaining top talent requires companies to offer competitive compensation packages. This course will help you develop knowledge and skills in the development and evaluation of pay structures and benefits packages. You’ll also learn how total compensation issues affect every manager in an organization and analyze processes and procedures to create effective compensation plans.
Syllabus
Course Topics
- Strategic compensation
- Contextual influences on compensation practice
- Traditional bases for pay
- Incentive pay
- Person-focused pay
- Building internally consistent compensation systems
- Building market-competitive compensation systems
- Building pay structures that recognize employee contributions
- Discretionary benefits
- Legally required benefits
- Compensating executives
- Compensating the flexible workforce
- Compensating expatriates
- Pay and benefits outside the United States
- Challenges facing compensation professionals
Course Level
300
Disclosure
This course is delivered online through an institution of the Lower Cost Models Consortium (LCMC) that is different than your degree-granting institution that awards the academic credit for the course.
