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Description

Learn the components of an effective compensation system.

Outline

Compensation is intended to attract, retain, and reward employees. And it’s almost as much an art as a science. As an HR generalist, you need a clear understanding of the logic behind various strategies to administer compensation plans and explain decisions. 

In this course, you’ll learn about the key components of a compensation plan, the laws that impact compensation, use of salary survey data, union influence, sales and executive compensation issues, and factors in a successful compensation program. 

This course is designed for an HR generalist or representative who has little or no background in compensation and wants a broad overview of compensation practices and trends.

Course Outcomes

At the end of this course, you’ll be able to:

  • understand the role of compensation and laws impacting compensation.
  • identify the components of an effective compensation system.
  • evaluate salary survey data.
  • explore the factors of a successful compensation program.

Testimonials

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Applies Toward the Following:

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Section Title
Principles of Employee Compensation
Type
Online
Days
Th, F
Time
9:00AM to 12:00PM
Dates
Aug 08, 2024 to Aug 09, 2024
Campus
Online (US Central Time)
Schedule and Location
Contact Hours
6.0
Location
  • Online (US Central Time)
Delivery Options
Online  
Course Fee(s)
Course Fee $420.00
U of MN Employee Discounted Course Fee $210.00
Potential Discount(s)
Section Details
Contact: 612-625-2900 or ccapsreg@umn.edu
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