Compensation & Benefits Mgmt

Catalog description

In this course students examine the current theories and practices of compensation. Emphasis is on examining various pay structures and benefit options. Students examine both internal alignment and external competitiveness of pay structures. Next, they explore how to align offered benefits with personal needs. Additionally, students learn about different forms of performance appraisal systems. Students also determine the compensation needs of special groups, such as interns and seasonal workers. Finally, students discuss the role of unions in compensation practices. Formerly MGT-2580. Students may not receive credit for both MGT-2580 and BMT-2580.