Total Rewards

Catalog description

This course provides students with an understanding of the total rewards package including government and legal issues related to compensation. Students will learn to formulate and execute a compensation strategy, define internal alignment, conduct a job analysis, evaluate jobs for job-based and person-based structures, and define competitiveness while demonstrating the ability to design pay levels, mix, and pay structures. The course will also examine different types of pay-for-performance plans, evaluate the process of performance appraisals, design an employee benefits plan that fits into an organization's overall compensation package, and assess the compensation systems designed for special groups. Components: Class Prereqs/Coreqs: P: BUSADMIN 3030 and ( BUSADMIN 1810 or BUSADMIN 2110 ) Typically Offered: Fall