MGM 343 - Compensation & Benefits (3 cr.)

This course identifies a framework for implementing compensation and benefits systems to attract and retain a high-performance workforce in a global environment. The focus is on the role of human resources in managing competitive rewards and pay plans. Specific topics include compensation administration, job evaluation, pay structures, base and incentive pay, increases and bonuses, executive compensation, and employee benefits plans including required, voluntary, and retirement options. The course also provides a comprehensive overview of the relevant models of compensation, issues of executive compensation and other rewards and incentives to organizational strategies. A review of various compensation influences, including laws and regulations, is also covered.
Prerequisite(s): MGM 280
Semester(s) Offered: Varies