This course provides students the opportunity to study theoretical issues, processes and practical applications involved in developing and administering a compensation system that attracts, retains and motivates the workforce. Students explore the objectives, policies, techniques and standards of rewards systems that are necessary to meet the strategic goals of organizations and individual employee needs. Students learn how to link compensation strategy to corporate strategy and apply behavioural theories in the design, implementation and management of compensation programs.
Students registering for credit courses for the first time must declare a program at the point of registration. Declaring a program does not necessarily mean students must complete a program, individual courses may be taken for skill improvement and upgrading.