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BUSN221 — HR Mgmt: Compensation/Benefits

5 credits · 55 hours

BUSN 221 - HR Mgmt: Compensation/Benefits BUSN 221 - HR Mgmt: Compensation/Benefits 5 Credits Part of the Human Resource Management Certificate. This course discusses the fundamental principles for workforce compensation and surveys compensation systems and forms of worker compensation including executive compensation. Also covered: types of employee benefits, their uses and the administrative issues related to employee benefits programs Fees Quarters Typically inter Online Designed to Serve Students who want to pursue a career in human resource management and entry and mid-level human resources workers who desire a general understanding of employee benefits programs. Certificate program HR Management Active Date 20170731T09:56:57 Grading Basis Decimal Grade Class Limit 38 Lecture 55 Lab 0 Field Studies 0 Clinical 0 Independent Studies 0 Total Degree Distributions: ProfTech Course Yes Restricted Elective Yes Course Outline Total rewards concept Compensation cost considerations Effect as a base cost of operations As a competitive advantage 3. Laws and regulations affecting compensation systems 4. Job evaluation for compensation purposes 5. Base pay plan structures 6. Pricing jobs and market surveys 7. Noncash compensation, e.g., stock options, ESOPs 8. Variable pay options Individual pay for performance Team incentives Sales compensation 9. Performance appraisal as it relates incentive pay 10. Executive compensation 11. Laws/Regulations affecting benefits programs 12. Benefit

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