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In exchange for their time, talents and efforts, workers expect fair and motivating pay. This class covers the basics of compensation theory and practice. Job analysis and job evaluation, pay equity considerations, market rates and surveys, the various types of compensation, and other related topics of interest to human resources professionals will be explored. Students will be introduced to incentive pay concepts and to major pay regulations. Understanding will be reinforced with exercises and applied learning activities.

Other Credits: This course is approved for 27 hours of continuing education credit.

Note: Prerequisite is Managing Human Resources: An Overview. This course is an approved substitute for Understanding Employee Compensation (BUSA-40525) in order to meet the requirements of the legacy Human Resource Management Certificate.

Course Number: BUSA-40872
Credit: 3.00 unit(s)
Related Certificate Programs: Human Resource Management

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