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Course Description

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Next Course Offering - Fall 2020

This course examines the processes, issues and techniques involved in developing and administering a compensation system. It examines the theoretical and applied aspects of the compensation function; the link between this function and the organizational management process; and the compensation system design necessary to attract, retain, and motivate the required workforce.

Designed For

Those working towards their University of Guelph Diploma in Human Resources Management, Certified Human Resources Professional (CHRP) designation, PMCP and people working in or who wish to work in Human Resources or Payroll.

Learning Outcomes

Upon successful completion of the course, students will be able to:

  • Develop an understanding of the strategic framework of compensation.
  • Explore the behavioral framework for compensation.
  • Review the components of compensation including performance pay choices and how to formulate a reward and compensation strategy.
  • Review the job evaluation process.
  • Describe the Pay Equity Act and related processes and develop a pay equity compliant compensation system.
  • Evaluate the labour market by analyzing data from compensation surveys and labour supply
  • Review the performance management process and calculate performance pay
  • Design and develop performance pay plans
  • Design and develop indirect pay plans
  • Implement and maintain an effective compensation system.

Course Topics

  • Collecting and evaluating job information
  • Managing job evaluations
  • Determining pay levels
  • Pay structures
  • Pay discrimination
  • Motivation and merit
  • Managing pay/incentive plans
  • Employee benefit plans
  • Managing benefits and total compensation packages

Sample Careers

Compensation and Benefits Specialist, Human Resources Generalist, Human Resources Manager

Assessment

Assessment Item Weight
Weekly Quizzes 30%
Compensation Assignment 30%
Final Exam 30%
Participation 10%
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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Section Title
Compensation and Benefits
Type
Remote Instruction
Days
Wednesday
Time
6:30PM to 9:30PM
Dates
September 16, 2020 to November 25, 2020
Schedule and Location
Contact Hours
30.0
Location
  • Virtual
Delivery Options
Remote Instruction  
Course Fee(s)
Potential Discount(s)
Reading List / Textbook
Strategic Compensation in Canada, Richard J. Long, 6th Edition, Nelson Education Ltd, 2018.
ISBN10: 0176657169, ISBN-13: 9780176657161
 
Section Notes

This course will be delivered remotely.  You will be required to participate via live video conferencing every Wednesday evening from 6:30pm - 9:30pm.

This course uses Zoom for live video conferencing, combined with the CourseLink Learning Management System.

Basic Technical Requirements:


If you require further assistance, please contact our main office.

Please review our Withdrawal and Refund Policy.

 

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