MGMT 2610 - Compensation and Benefits

4.5 Credits

Students learn key concepts, common practices, and the functions of compensation and benefits within an organization’s total rewards framework. Practical learning experiences emphasize how compensation systems are designed, structured, and administered to ensure internal equity, external competitiveness, and compliance with employment laws. Topics include job evaluation, pay structures, incentive and merit systems, employee benefits, and current issues influencing compensation practices in today’s workplace.

Lecture Hours: 4.5
Lab Hours: 0.0
Internship Hours: 0.0
Clinical or Practicum Hours: 0.0

Course Objectives

Explain the role and functions of compensation and benefits within an organization’s total rewards framework.
Analyze how job evaluation, pay structures, and market-competitive data are used to ensure internal equity and external competitiveness.
Differentiate between legally required and discretionary benefits and their impact on employee compensation programs.
Evaluate contemporary compensation practices, including incentive and merit systems, and their alignment with organizational policies and employment laws.

View Class Schedule