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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
Nov 04, 2021 to Nov 05, 2021
Campus
Online
Schedule and Location
Contact Hours
6.0
Location
  • Online
Delivery Options
Online  
Course Fee(s)
Course Fee non-credit $420.00
U of MN Employee Discounted Course Fee non-credit $210.00
Potential Discount(s)
Section Details
Contact:  612-625-2900 - ccapsreg@umn.edu
Section Title
Principles of Employee Compensation
Type
Classroom
Days
T
Time
9:00AM to 4:00PM
Dates
Mar 15, 2022
Campus
Twin Cities
Building
Continuing Education & Conference Center
Schedule and Location
Contact Hours
6.0
Location
Delivery Options
Classroom  
Course Fee(s)
Course Fee non-credit $420.00
U of MN Employee Discounted Course Fee non-credit $210.00
Potential Discount(s)
Section Details
Contact:  612-625-2900 - ccapsreg@umn.edu
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