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MGMT 955 - Compensation and Performance Management |
A comprehensive overview of compensation in the HR function whose goal is to assist students
making compensation programs effective and competitive in a changing marketplace. Topics
covered include fundamentals of base pay, deferred compensation, executive compensation, job
analysis, job evaluation, market analysis, salary ranges, legal and regulatory compliance, incentives, pay for performance, merit pay, performance management, appraisal methods (including
errors in performance appraisals), salary surveys and total compensation. In addition, the
course also explores the role of variable compensation, with a focus on using variable compensation to more effectively focus employee efforts and better align compensation costs with
organizational performance. Note: Students who have taken 12.952 Performance Appraisal or12.953 Compensation Administration may not receive credit for 12.955.
1.000 Credit hours 4.000 Lecture hours Levels: Graduate, Non-Matriculated Schedule Types: Independent/Directed Study, Lecture Management, Business&Info Tech Department |