020234200 COMPENSATION MANAGEMENT ( 3 Crd.Hrs )

Pre-Requisites : 020231010

This course presents an overview of strategies, issues, process, and techniques involved in developing and administering a compensation system that will add the most value to the organization. Topics include base pay, performance pay, knowledge-based pay, indirect pay, global pay, as well as using job evaluation and performance appraisals for compensation strategy, and strategies for designing an equitable pay structure.