ILRHR 4631

Managing Compensation

Course Description

Course information provided by the Courses of Study 2019-2020.

Compensation, including direct wages, indirect payments, and employee benefits, is studied from the points of view of theory and practice. Upon completion of the course, students should be able to analyze wage surveys, evaluate jobs, create salary structures, and administer compensation programs within the context of sound economic and motivational theory, and to align rewards with business strategy. Topics include strategic perspectives on pay, internal equity and alignment; external competitiveness, pay for performance; compensating special groups (including unionized employees, executives, and boards of directors), international compensation, employee benefits, and compensation administration (costing, taxation, regulation, etc.).

When Offered Spring.

Permission Note Enrollment limited to: undergraduate students. Enrollment preference given to: ILR junior and senior students.
Prerequisites/Corequisites Prerequisite: ILRHR 2600 or equivalent.

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