BUS 4700: Compensation and Benefits

Description

Presents the dynamics involved in compensating employees for services rendered in a modern organization. This course focuses on the critical tools and techniques of job analysis, job descriptions, job evaluation, pay surveys, pay administration, and required benefits.

Outcomes

  1. Prepare a corporate total compensation philosophy and strategy.
  2. Perform a job analysis.
  3. Investigate employee compensation strategies.
  4. Compare and contrast merit based and pay-for-performance programs.
  5. Evaluate performance appraisal programs.
  6. Analyze the impact of compensation on employee behavior.
  7. Explain the influences of government regulations on compensation practices.
  8. Research the various options to pay plans.

Prerequisites

None

Textbook(s)

Compensation (Rev: 12th ed.)

Publisher: McGraw-Hill/Irwin (2017)
Author: Newman, J. M., Gerhart, B., & Milkovich, G. T.
ISBN: 9781259532726
Price: $269.37

* Disclaimer: Textbooks listed are based on the last open revision of the course. Prior revisions and future revisions may use different textbooks. To verify textbook information, view the course syllabus or contact Student Services at students@waldorf.edu