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This course provides students with an understanding of the principles, processes, issues and techniques involved in establishing compensation and reward programs in organizations within a framework of fairness and equity. Compensation will be looked at from the perspective of base pay, benefits and incentive pay. As well, students will be introduced to the relationship between motivation theories and effective remuneration and reward programs. The course will focus on the major components in developing an effective compensation and rewards program such as legislation, principles of equity and fairness, job analysis, job evaluation, compensation surveys, benefits and incentives. Current events in relation to compensation and rewards will be explored.
Weekly Contact: Lecture: 3 hrs.
GPA Weight: 1.00
Course Count: 1.00
Billing Units: 1
Mentioned in the Following Calendar Pages
*List may not include courses that are on a common table shared between programs.
- Accounting and Finance Professionally-Related Table I
- Arts and Contemporary Studies Professionally-Related Table II
- Business Management - Human Resources Management Major
- Business Management Professionally-Related Table I
- Business Technology Management Professionally-Related Table II
- Hospitality and Tourism Management Professionally-Related Table II
- MHR 849 - Human Resources Planning
- Minor in Human Resources Management
- Philosophy Professionally-Related Table IV
- Public Administration and Governance Professionally-Related Table I
- Retail Management Professionally-Related Table II
- Sociology Professionally-Related Table IV