HRM 488 - Compensation Policy and Administration

Description:
Employee compensation policy and administration is studied on a broad perspective encompassing direct financial payments, employer benefits, and non-financial rewards.

Prerequisites:
Prerequisites: HRM 381 and admission to a College of Business major AND completion of the College of Business Foundation courses (ACCT 251 and ACCT 252 and BUS 221 and BUS 241 and MATH 153 or MATH 154 or MATH 170 or MATH 172 or MATH 173 and ECON 201) with a minimum C- grade in each course and a minimum collegiate GPA of 2.25 OR (HRM 381 and declaration of a Human Resource Management minor).

Credits: (5)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Understand the integration of compensation and employee motivation principles in both the public and private sector.
Demonstrate correct use of compensation principle vocabulary in discourse with peers.
Identify employment law issues with organizational compensation practices and provide sound solutions to said issues.
Explain how revisions and adjustments to compensation systems within organizations affect multiple domains of human resource management.

Learner Outcomes Approval Date:
1/20/22

Anticipated Course Offering Terms and Locations: