Total Rewards

Catalog description

An exploration of the discipline of compensation management. The processes of job analysis and job evaluation are discussed as methods to determine internal pay equity. Market wage surveys are presented as a means to ensure external equity. Wage scale development and various employee benefit options are discussed. Other topics include wage and benefit-related laws, performance appraisal, and motivation theories. Components: Class Prereqs/Coreqs: P: BUSADMIN 3030 / BUSADMIN 5030 or consent of instructor Typically Offered: Fall - Spring - Summer