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Course Description

Business meeting taking place in a glass walled boardroom

This course focuses on how organizations attract, retain, and motivate employees through formal and informal reward mechanisms. Topics include: developing pay structures, job analysis, job evaluation, pay systems, pay system administration, equity issues, and benefits.

Learning Outcomes

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

  1. Conduct a job evaluation and develop a pay structure;
  2. Analyze and make recommendations to organizations regarding their compensation system;
  3. Recognize the importance of basing a pay system on a job analysis;
  4. Understand the importance of incorporating equity issues and other motivation theories into an organization's compensation and benefit system;
  5. Analyze performance evaluation and compensation systems and provide recommendations to ensure effective performance management of your employees;
  6. Describe the importance of internal alignment (between the compensation system and the strategy of the organization);
  7. Understand the importance of external competitiveness and its effect on an organization's pay system;
  8. Recognize the importance of establishing a pay system that is both perceived as procedurally just and is legally defensible;
  9. Apply the theories you have learned to real-world situations, including issues you see in the media and situations you encounter in the workplace;
  10. Complete the academic requirements for one course for the HRPA designation (Compensation) (see HRPA.ca for requirements); and
  11. Show appreciation for the how different individuals are motivated by different factors, and how organizations should alter their reward systems according to individual differences, and organizational culture, structure and strategy.

Course Topics

  • Introduction to Strategic Compensation Systems
  • Internal Alignment: Determining the Structure
  • Job Evaluation
  • Person-Based Pay Structures
  • External Competitiveness: Determining the Pay Level
  • Employee Benefits
  • Pay for Performance
  • The Role of Government & Unions in Compensation
  • Budgets & Administration

Additional Requirements

Prerequisite(s): 1 of BUS*3000, HROB*2100, HROB*2290, HROB*3000, PSYC*3070

Equate(s): BUS*3010, PSYC*3010

Restriction(s): This is a Priority Access Course. Some restrictions may apply during some time periods. Please contact the department for more information.

Assessment

Assessment Item Weight
Test 1 20%
Test 2 15%
Unit Quizzes 7%
Compensation Essay Outline 2%
Compensation Essay 28%
Online Seminars and Discussions 28%
Total 100%

Note:

Additional Technical Requirements

This course will use the following:

  • Respondus tool to invigilate one or more exams. 

Please view the Technical Considerations.

Technical Requirements

You are responsible for ensuring that your computer system meets the necessary system requirements. Use the browser check tool to ensure your browser settings are compatible and up to date (results will be displayed in a new browser window).

*Course details are subject to change.

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Enrol Now - Select a section to enrol in
Section Title
Compensation Systems
Type
Online
Dates
September 08, 2022 to December 02, 2022
Contact Hours
36.0
Delivery Options
Online  
Course Fee(s)
Domestic Tuition Fee (0.5 units) $683.39 Click here to get more information
Domestic Tuition Fee - Non-Ontario (0.5 units) $713.81 Click here to get more information
International Tuition Fee (0.5 units) $3,106.72 Click here to get more information
Available for Credit
0.5 units
Reading List / Textbook
eBook:  Connect Access Not Required
Section Notes

Note:  If you are in a degree program at the University of Guelph, please DO NOT register using the link above.  You must register through WebAdvisor.

Section Materials
  • Textbook (Confirmed) (Mandatory) Compensation by Newman, Gerhart, & Yap. © 2021 McGraw-Hill 6th Canadian edition ISBN Print: 9781260065886 eBook: 9781264159437
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