ILRHR 5690

Managing Total Rewards

Course Description

Course information provided by the Courses of Study 2023-2024.

Over the past decade, the world of work has seen a growing trend of increasing and diversifying the set of inducements that an organization offers to its employees, including both financial (e.g., pay) and non-financial (e.g., job experience, growth opportunities) inducements. Yet, managers and practitioners are uncertain about how to combine such varying inducements together and manage as a set of "total rewards." This course is designed to help understand the ways to manage total rewards within an organization. The course introduces a total rewards model—which is comprised of strategy, work experience, incentives/rewards, and administration—and explore how the interplay of each component produces different outcomes. The outcomes of the total rewards model include (financial) efficiency, human/social capital, and ethical/social legitimacy. Relevant theories, evidence, and cases will be introduced.

When Offered Spring.

Permission Note Enrollment limited to: graduate students or permission of the instructor.
Prerequisites/Corequisites Prerequisite: ILRHR 5600 or equivalent and statistics course.

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