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Course Description

A diverse group of hands piling together to signify teamwork

This course provides an understanding of the process, issues, and techniques involved in administering compensation and benefits. Students will gain insight into the compensation function and its link to the human resource management system. In additional, the course explores the relationship between motivation, compensation and benefits, and organizational effectiveness.

Learning Outcomes

By the end of the course, the learner should be able to:

  • Summarize key theoretical and applied aspects of motivation, compensation, and benefits.
  • Identify the relationship between motivation and compensation and the impact on individual productivity and organizational effectiveness.
  • Write accurate and comprehensive job descriptions.
  • Conduct effective job evaluations.
  • Perform salary surveys, job analysis, and labour market analysis.  

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

ADDITIONAL INFORMATION

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Assessment

Assignment Weight
Participation 10%
Assignments 50%
Final Examination 40%

 

Applies Towards the Following Certificates

*Course details are subject to change.

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