Compensation and Benefits

This course surveys both the theories behind employee reward, including basic compensation and the basis therefore, as well as additional employee benefits provided by the company. Developing an effective and efficient system of compensation for labor and benefits created should be a principal goal of the cost-conscious organization. Consideration is made for discriminatory pay that may significantly play into the manager's response to wage concerns. The course examines both processes of employee performance appraisal and administration of benefits.