10116147Wage, Salary and Benefits Administration
Course Information
Description
This is a course focused on basic systems and plans of compensation for employees including topics such as merit pay, incentive pay, and person-focused pay. The course also covers principles and techniques in the development and administration of employee benefit programs. This course covers use of compensation and benefit principles and methods to build an equitable Total Rewards Program and to support an inclusive organizational culture.
Total Credits
3
Course Competencies
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Design compensation systems within the cultural context of an organizationAssessment StrategiesWritten Objective TestOral PresentationCriteriaThe student achieves 80% on a test containing True/False and Multiple Choice questions about compensation systems in context.Oral presentation describes one or more resources for finding current information about compensation systems.Oral presentation describes at least three methods for finding compensation data.Oral presentation identifies regional compensation differences within the US.Oral presentation addresses how compensation systems are modified across international operations.
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Evaluate compensation systemsAssessment StrategiesWritten Objective TestWritten ProductCriteriaThe student achieves 80% on a test containing True/False and Multiple Choice questions about evaluating compensation systems.Written product includes a multi-year schedule.Written product aligns with corporate culture.Written product is used in comprehensive Human Resource climate surveys.Written product compares compensation systems to other internal data collection events.
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Analyze compensation problemsAssessment StrategiesWritten Objective TestPresentation - Investigative ReportCriteriaThe student achieves 80% on a test containing True/False and Multiple Choice questions about typical compensation problems.The student facilitates an investigatory meeting/report designed to identify changes in job duties.Report compiles historic statutes and court cases that define equal-pay-for-equal work.Report evaluates necessity for changes in compensation when job responsibilities change.Report identifies potential violations of equal-pay-for-equal-work statutes.
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Recommend a resolution to compensation problemsAssessment StrategiesEssayCriteriaEssay describes the process of investigating compensation problems and recommending solutions.Essay describes a workplace process to stay up to date with changing laws concerning compensation.Essay is comprehensive and uses data to recommend policy changes.Essay includes strategies to remain in compliance with laws.Essay is persuasive if changes are proposed.
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Analyze jobs to determine compensation levelsAssessment StrategiesSimulation - In ClassReportCriteriaReport includes a data collection protocol for analyzing jobs in a job family.Report calculates job ranges for jobs within a job family.Student demonstrates meeting facilitation skills.Student collects data in person-to-person meetings with supervisors and job incumbents.
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Monitor changing benefit practices to remain competitive for employeesAssessment StrategiesWritten Product - Compare-Contrast DocumentCriteriaCompare-contrast document compares benefit practices of competitors to those of the student’s own organization.Compare-contrast document is written to assist management in decision-making.Compare-contrast document identifies sources of information about changing benefit practices.Compare-contrast document includes competitors' summaries of changes in benefit design.Compare-contrast document matches external changes in benefit practices to internal opportunities for change.