MGT 4335 - Compensation and Benefits

Credits: 3 hrs

This course introduces the knowledge and skills required by managers to design and implement comprehensive compensation and benefits systems in organizations. Students will learn to identify the major provisions of the federal and state laws affecting compensation and employee benefits, examine the issues of equal pay for comparable work, pay compression, and living wage laws. In addition, students will examine the relationship between pay, incentive plans, employee performance, and organizational objectives. They will also learn the cost implications of employee benefits and strategies to control them, understand the major trends in retirement policies and pension plans, and understand the strategic considerations that should guide the design of benefits programs.
Pre-requisite(s): MGT 2321 - Principles of Management or MGT 3322 - Organizational Behavior
Latest Update(s) Approved by Academic Standards and Curriculum: May 2024