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Employee Compensation

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Language: English

Short Description: Compensation is the financial and non-financial rewards that a company gives their employees in exchange for their work, and it is based on three types of compensation decisions: pay level, pay variability, and pay structure. Pay-level decisions are based on if workers are paid below, at, or above the market average. Pay variability refers to the extent to which a company pays individuals differently. Pay structure is related to the internal pay distributions within a company. How well (or poorly) a manager compensates their workers has a big impact on if someone will go to work at a company, and whether or not they’ll stay long-term. This course discusses how organizations and managers make decisions regarding worker compensation.

Instructor Description: This class is an independent-study course.  Students will have all the resources needed to successfully complete the course within the online material.  A student helpdesk is available for technical support during the course enrollment.

Certification: N/A