HRMT 505 - Compensation and Benefits

Compensation and benefits are key motivators for why employees come to and stay at an employer. As turnover costs time and money, companies want to attract and retain the best talent, and that involves compensating them fairly. While Human Resources is not a profit center in an organization, compensation and benefits are the largest cost outlay most companies have. So it behooves an organization to manage their comp and benefits strategy. In this course, we will examine how organizations can design and implement successful compensation programs that address both employee and employer considerations.

Credits: 3