Introduction to Benefits and Compensation

Winter 2021 Program - HRM 103*


Schedule: Feb 4 - March 25, 2021
Thursdays 6pm - 9pm for 8 sessions
Tuition: $699 / CEUs: 2.4

 

*Format: Course will be offered as a virtual instructor-led training with supplemental reading and assignments

Online Program - HRM 403


Schedule: Self-Paced, Anytime
Tuition: $699 / CEUs: 2.4

Developing, Maintaining, and Managing Plans

Total rewards encompass six components — compensation, benefits, work-life effectiveness, recognition, performance management, and talent development — that collectively define an organization's strategy to attract, motivate, retain and engage employees.  The challenge of developing, maintaining, and managing benefits and compensation plans is a critical and costly function for any organization and represent key components of a Total Reward Program.

The objective of this course is to provide a basic understanding of compensation and benefit plans including strategy, key concepts, terminology, legal & regulatory compliance, policy and plan development, structure, & design, communication, and administration.

Key topics

  • Total Rewards Strategy
  • Basic Concepts, Terminology, & Definitions
  • Legal & Regulatory Compliance
  • Policy and Plan Development, Structure, and Design
  • Compensation Programs: Job analysis, evaluation, pricing, and pay structures
  • Benefit Programs and Goals
  • Administration & Communication