MGT 647 Compensation and Benefit Administration

For graduate students only. The intricacies of compensation and benefits administration are central to this course. Students examine different reward systems, pay structures, and incentive schemes considering factors such as employee motivation, organizational competitiveness, and legal compliance. By analyzing industry benchmarks and best practices, participants develop the skills to design competitive compensation packages that align with job roles and employee contributions. The course also delves into the importance of competitive benefits, such as health insurance, employee stock option plans, and pension plans, to attract and retain a satisfied and committed workforce. 

Credits

4

Prerequisite

graduate standing and MGT 500

Offered

as needed