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Cornell University    
 
    
 
  Jul 24, 2017
 
Courses of Study 2013-2014 [ARCHIVED CATALOG]

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ILRHR 4631 - Managing Compensation


Spring. 4 credits. Letter grades only.

Prerequisite: ILRHR 2600  or equivalent. Enrollment limited to: undergraduate students.  Enrollment preference given to: ILR junior and senior students.

Staff.

Compensation, including direct wages, indirect payments, and employee benefits, is studied from the points of view of theory and practice. Upon completion of the course, students should be able to analyze wage surveys, evaluate jobs, create salary structures, and administer compensation programs within the context of sound economic and motivational theory, and to align rewards with business strategy. Topics include strategic perspectives on pay, internal equity and alignment; external competitiveness, pay for performance; compensating special groups (including unionized employees, executives, and boards of directors), international compensation, employee benefits, and compensation administration (costing, taxation, regulation, etc.).



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