Compensation and Reward Management

Catalog description

This course has been designed with an aim to provide students the basic ideas on management of compensation and reward in business organizations. More specifically, the course includes conceptual learning of various theories and approaches of total compensation management, the role of total compensation in attracting and retaining modern day employees, linking performance and reward systems in organizations, role of unions and other stakeholders in compensation management, and issues pertaining to compliance in managing total compensation.