Compensation and Benefits ((3 Credits ))

Catalog description

Managing compensation, creating a compensation philosophy, base pay systems and levels, merit pay, incentives/bonuses, profit sharing, market-based strategies, compensation decisions, salary compression, managing benefits, exempt vs non-exempt employees. Topics in employment law include: Statutory benefits, such as COBRA, Fair Labor Standards Act of 1938 (FLSA), Workers’ Compensation. Prerequisite: Admission to the BAS in Leadership Program.