Compensation and Performance Management

Learning Outcomes

On successful completion of this Course, students will be able to: Define the compensation and pay model; Explain factors needed in designing pay structure; Relate compensation strategy to performance management; Design compensation strategy

Topics

1. The Pay Model
2. Strategy: The Totality of Decision
3. Defining Internal Alignment
4. Job Analysis; Evaluating Work: Job Evaluation
5. Defining Competitiveness
6. Designing Pay Level, Mix, and Pay Structures
7. Pay for Performance-The Evidence
8. Performance Appraisal
9. The Benefit Determination Process
10. Union Role in Wage & Salary Administration
11. International Pay System
12. Management: Making It Work