MGMT X 450.31 - Compensation Programs: Administration and Design
Course Description
In this introductory course, students explore compensation as a key factor in achieving organizational goals. In addition to introducing current concepts, approaches, techniques and terms, instruction examines the forces that shape the development of compensation strategies, plans and policies. Topics include salary administration, incentive plans and stock-based programs; the factors of motivation, performance evaluation, labor market dynamics and budgeting that underlie the development of compensation programs; key steps involved in developing salary administration and cash-incentive programs; major laws and regulations that apply to compensation; and the way compensation programs are designed for specific job families, units/functions and levels of organization.Course Outline
Creating a compelling compensation package is crucial to attracting the right talent to achieve organizational goals. Gain a comprehensive overview of how to design and deliver effective compensation programs in this course.Notes
Contact:Eddie Fisher
(310) 825-2012
efisher@unex.ucla.edu
Prerequisites
MGMT X 450 Elements of Human Resources Management or consent of instructor.Applies Towards the Following Certificates
- General Business Studies : Electives - Business Management
- General Business Studies with Concentration in Accounting : Electives - Business Management
- General Business Studies with Concentration in Entrepreneurship : Electives - Business Management
- General Business Studies with Concentration in Finance : Electives - Business Management
- General Business Studies with Concentration in International Trade and Commerce : Electives - Business Management
- General Business Studies with Concentration in Leadership : Electives - Business Management
- General Business Studies with Concentration in Marketing : Electives - Business Management
- General Business Studies with Concentration in Real Estate : Electives - Business Management
- Human Resources Management : Required Courses
- Study Abroad at UCLA Program : Required