COMPENSATION AND PERFORMANCE MANAGEMENT (2 Credits)
Learning Outcomes:
On successful completion of this course, student will be able to: define the general concept of compensation; explain basses for pay and benefits; review Compensation systems in organization; illustrate current challenges in compensation.
Topics:
- ThePay Model;
- Strategy: The Totally of Decisions;
- Internal Alignment : Determining The Structure;
- Job Analysis;
- Job & Person Based Structures and Job Evaluation;
- Defining Competitiveness;
- Designing Pay Levels, Mix and Pay;
- Pay For Performance: The Evidence and Plans;
- Performance Appraisals;
- Benefit Options;
- The Benefit Determination Process;
- Compensation Of Special Groups;
- Management: Making it Works.
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