Catalog 2016-2017 
    Mar 19, 2018  
Catalog 2016-2017 [ARCHIVED CATALOG]

BUHR 235 Total Rewards (compensation)

4 credits
This course reviews the total rewards of organizations by exploring their total compensation strategies. Methods to properly pay employees in a cost-effective, competitive, equitable, and legal manner are also addressed.

Quarters Offered: Spring

Student Outcomes/Competencies:
Upon successful completion of this course students will be able to:

  • Identify the components of total compensation
  • Describe the objectives, principles, regulations, and terminology of compensation programs
  • Explain compensation philosophy, strategy, and current practices, including base pay, variable pay, and incentive pay
  • Identify the major provisions of the federal and state laws affecting compensation
  • Define the issues of equal pay for comparable work, pay compression, living wage laws, and executive pay
  • Analyze the extent of linkages between pay, employee performance, and organizational objectives