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Course Description

This course focuses on how organizations attract, retain, and motivate employees through formal and informal reward mechanisms. Topics include: developing pay structures, job analysis, job evaluation, pay systems, pay system administration, equity issues, and benefits.

What You'll Learn

By the end of the course, the learner should be able to:

  • Conduct a job evaluation and develop a pay structure;
  • Evaluate an organization’s compensation system and provide recommendations for improvement;
  • Justify the use of a job analysis as a foundation for a pay system;
  • Apply equity principles and motivation theories to design effective compensation and benefit system;
  • Analyze performance evaluation and compensation systems and provide recommendations to ensure effective performance management of employees;
  • Describe the importance of internal alignment between the compensation system and the strategy of the organization;
  • Explain the importance of external competitiveness and its effect on an organization's pay system;
  • Describe the importance of establishing a pay system that is both perceived as procedurally just and is legally defensible;
  • Apply theories and concepts to real-world scenarios, including media reports and workplace situations.

Additional Requirements

Prerequisite(s): 1 of BUS*3000, HROB*2100, HROB*2290, HROB*3000, PSYC*3070

Equate(s): BUS*3010, PSYC*3010

Restriction(s): This is a Priority Access Course. Some restrictions may apply during some time periods. Please contact the department for more information.

Note:

Additional Technical Requirements

Please view the Technical Considerations.

Technical Requirements

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*Course details are subject to change.

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