National Paralegal College | Evaluated Learning Experience
Compensation and Benefits (BUS–305)
Varies; self-study format.
August 2016 - Present.
Upon successful completion of this course, students will be able to: explain theoretical concepts of compensation management as they relate to economic, legal, social and organizational considerations; define the concept of total compensation; analyze the interrelation between compensation and benefit systems with retention of qualified and skilled employees; apply the tools of compensation design to attract and retain an appropriate workforce; align compensation packages with organizational goals; describe legal, union, and other constraints applicable to the development of compensation systems.
This course explains how compensation and benefit systems have become an integral part of human resource management. There is an in-depth investigation of the principles, techniques and strategies used in developing and implementing compensation and reward systems. The course examines both direct and indirect salary and other compensation systems. The focus is on the role of human resources in managing competitive rewards and pay plans to achieve the appropriate goals of public and private organizations. The course also discusses the interrelationship among employee performance and pay, issues of executive compensation, laws and regulations that influence compensation. Evaluation criteria includes: practice assignments; class participation; exams.
In the upper division baccalaureate degree category, 3 semester hours in Human Resource Management, Management, or Operations Management (3/18).