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Course Description

A diverse group of hands piling together to signify teamwork

Advance your understanding of the process, issues, and techniques involved in administering compensation and benefits. Gain insight into the compensation function and its link to the human resource management system. The relationship between motivation, compensation and benefits, and organizational effectiveness is also explored.

Learning Outcomes

Upon successful completion of this course, you will be able to:

  • Describe and apply key theoretical and applied aspects of exploring recruitment, total compensation, and retention
  • Explain the relationship between motivation and total compensation and identify strategies to positively impact individual productivity and organizational effectiveness
  • Identify the key components of job descriptions and demonstrate how the components are utilized when conducting effective job evaluations to ensure internal equity
  • Explain the importance of salary surveys, job analysis, and labour market analysis to ensure external and internal salary equity

Course Topics

  • Motivation Theory and Practice (Intrinsic Rewards, Motivating by Job Redesign, Engagement)
  • Compensation Theories
  • Job Descriptions
  • Job Evaluation
  • Compensation Plans
  • Incentive Systems
  • Legislative Elements of Compensation
  • Salary Surveys and Pay Structures
  • Employee Benefits Programs (e.g., Provincial Benefit Plans - Employee Life and Health Trusts)
  • Compensation and Benefits Trends and Issues

Assessment

Assessment Item Weight
Assignments - 4 x 25% 100%
Total 100%

Please note that the course assessment is subject to change.

Applies Towards the Following Certificates

Technical Requirements

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*Course details are subject to change.

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