Through this course, students are introduced to compensation and benefits management as part of successful retention and motivation of all staff. Attention is given to rewards program to ensure alignment with business objectives, motivate performance and effectively compete with outside forces in the continual war for talent.
- Understand the underlying concepts needed to create an effective total compensation and benefits program.
- Gain practical, comprehensive knowledge of the complexities of reward systems.
- Obtain in-depth appreciation of the key ingredients necessary to ensure successful implementation of compensation and benefits in any organizational setting.
- Formulate, evaluate, and communicate conclusions and inferences from quantitative information.