MG 352T - Compensation and Benefits

(3 units)

A study of the process of determining fair, equitable, and legal compensation of employees for their performance and commitment. The process includes job evaluation for determining the worth of jobs and then developing an equitable, competitive direct compensation system that may include consideration of merit, skills development, and motivational aspects such as profit sharing. The course also incorporates the study of indirect compensation programs such as health care and retirement benefits and the various laws that affect compensation and benefits.
Prerequisites: MG 265T