Strategic Rewards and Performance Management

Catalog description

This course focuses on the role of strategic rewards in organizations and the strategies for developing and implementing effective performance management systems. Topics include elements of compensation models, legislation impacting compensation practices, equity and market factors, pay delivery systems, job analysis methods, job evaluation techniques, strategic planning, compensation and incentive plan design, pay-for-performance, market survey techniques, and the impact of compensation practices on productivity, morale and profits. In addition, the course will address strategies, practices, and ongoing issues in the management of employee performance, developing employee potential, supporting professional growth, and career development in organizations.