Compensation

 

All necessary reference material required to prepare for this course such as recommended reference books and other study material will be available in your student's area. To complete the program you will be required to pass an online exam for all following topics covered in this course.

          Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Compensation in a knowledge-based global economy
    The reward system: compensation and noncompensation dimensions
    The world of pay and compensation
  In Section 2 of this course you will cover these topics:
    Organizational structure: strategic and tactical compensation issues
    Legislation and compensation
    Job analysis
    Job description
  In Section 3 of this exam you will be evaluated on below listed topics:
    Job evaluation
    A point-factor method of job evaluation
    Surveying market pay and compensation practices
  In Section 4 of this course you will cover these topics:
    Designing a base pay structure
    Team-based pay in a knowledge-based world
    Measuring and paying for performance
  In Section 5 of this course you will cover these topics:
    Short-term incentives
    Long-term incentives and wealthbuilding
    Executive and international compensation
    Benefits and services
    Pay delivery administration





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