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Performance Management and Compensation


Course Description

Students will learn to develop performance appraisals, compensation strategies, and reward systems that align with the organization’s strategies. Topics include job evaluation, incentive plans, benefits, and legal considerations.


Athena Title

Performance Mgmt and Comp


Prerequisite

MGMT 3000 or MGMT 3000H or MGMT 3000E


Semester Course Offered

Offered every year.


Grading System

A - F (Traditional)


Student learning Outcomes

  • Students will be able to understand the role of job analysis and job evaluation in determining compensation.
  • Students will recognize and understand the importance of internal and external equity in structuring the compensation system.
  • Students will be able to critically evaluate the various pay-for-performance options.
  • Students will understand the fundamentals of employee benefits from the perspective of the employee and employer.
  • Students will be able to discuss contemporary compensation issues such as CEO salary, gender wage gap, healthcare insurance, salary compression and salary transparency.

Topical Outline

  • Employee Compensation Legal Considerations
  • Job Analysis
  • Job Evaluation
  • Person-based and Job-based Compensation
  • Salary Survey
  • Pay-for-Performance
  • Performance Appraisal
  • Employee Benefits

Syllabus


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