This course provides an overview of the role that compensation and rewards management plays in organizational success. It is intended to help students understand how organizations can attract and retain top talent and how to encourage employees to perform well. Students will learn how to assess the internal and external environment and use that information to design a total rewards structure that aligns HR strategy with organizational goals. Concepts covered include pay systems, pensions, benefits and intangible rewards. Students will practice designing a total rewards system that is consistent, fair and legally compliant. They will learn how to evaluate the effectiveness of reward systems using appropriate metrics.
This course provides an overview of the role that compensation and rewards management plays in organizational success. It is intended to help students understand how organizations can attract and retain top talent and how to encourage employees to perform well. Students will learn how to assess the internal and external environment and use that information to design a total rewards structure that aligns HR strategy with organizational goals. Concepts covered include pay systems, pensions, benefits and intangible rewards. Students will practice designing a total rewards system that is consistent, fair and legally compliant. They will learn how to evaluate the effectiveness of reward systems using appropriate metrics.
