Compensation Management

Compensation is a powerful tool for motivating, attracting, and retaining high-calibre employees necessary to drive organizational success. The course’s focus is on aligning compensation systems to motivate, attract, and retain the type of employees required to drive strategic initiatives. For many organizations, compensation is a significant expense, and this course explores opportunities for cost efficiencies. Students will examine details necessary to consider when designing compensation systems and possible weight factors depending on organizational goals and constraints. Students will develop the tools to evaluate compensation systems and create appropriate, cost-effective systems that support corporate strategies.