MGMT 3393 Compensation Management

3 credits
Introduction to organizational approaches to compensation, including base pay, incentive pay, and benefits that assist the organization in attracting, retaining, and motivating employees. Students will examine compensation-plan objectives, plan-design considerations, the link between pay and performance, legal requirements and constraints on pay programs, and the interplay between financial, communication, and administrative concerns. Prerequisite: Minimum of 30 hours of coursework completed.