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Regent's College

Compensation

HRMG5920  

CodeHRMG5920
SchoolWGS
DescriptionThis course addresses tangible and intangible compensation and the use of compensation to motivate and reward employee performance. The course also covers job analysis, job description, and job evaluation on the basis of compensable factors as well as designing an equitable pay structure. In addition, students analyze the influence of unions and government in determining the compensation of the labor force, including compensation of both hourly workers and managerial employees.
Module Level5
Module CodeHRMG5920
Webster CodeHRMG 5920
ClassEL|
AvailabilityDE|SA|
Available SummerN
Credits3
Contact Hours34
Course Length (wks)8
Learning Outcomes
  • Upon successful completion of this course, the student will be able to:
    Define, discuss, and recognize important terminology, facts, concepts, principles, analytic techniques, and theories used in compensation.
  • Apply appropriate terminology, facts, concepts, principles, analytic techniques, and theories used in compensation when analyzing moderately complex factual situations involving compensation issues.
  • Develop appropriate solutions to multifaceted compensation problems involving moderately complex factual situations using appropriate facts, concepts, principles, analytic techniques, and theories from compensation.
  • Evaluate the quality of their proposed solutions to compensation problems against appropriate criteria, including fit with organizational strategies and human resources management strategies, as well as organizational constraints.
  • Conduct moderately complex job evaluations using ranking and point methods.
  • Create moderately complex base pay systems that reflects and integrates compensation concepts and analytic techniques, including job evaluation, pay policies, pay grades and ranges, and market rates.
  • Create moderately complex variable pay systems using individual, group, and organizational level variable pay concepts, including motivation theories.
  • Develop appropriate merit pay grids based using concepts, principles, and theories from compensation, including motivation theories.
Pre-RequisitesHRMG 5000
Course Conduct
Academic Honesty
The university is committed to high standards of academic honesty. Students will be held responsible for violations of these standards.
Attendance
Students are expected to attend ALL class sessions of EVERY course. In the case of unavoidable absence, the student must contact the instructor. The student is subject to appropriate academic penalty for incomplete or unacceptable makeup work, or for excessive or unexcused absences. Generally, a student who misses more than one four-hour course period (per course) without a documented excuse (such as illness) and advanced permission from the instructor should withdraw from the class.
This means:
You may not miss the first 2 weeks of any class and expect to continue in that class. If you have begun a class, and subsequently have 2 absences, we will call you in and you may be asked to withdraw. Your student visa status may be affected.
Weekly ScheduleFull syllabus provided during the first lecture.