Course Information
Course Code MBAB 5P54
Course Title Compensation Management
Description Strategic compensation formulation and planning, as well as the management of the compensation system. Topics include the process for developing compensation objectives, economic and behavioural theories of compensation, pay and benefits determination, job and market evaluation, skill or knowledge-based pay, and pay equity. An exploration of the use of individual, group, and organizational incentives to support compensation objectives. It also examines the process and procedures involved in implementing, managing, and evaluating the compensation system.
Restrictions open to MBA, MBA ISP and MAcc students.
Prerequisite(s) MBAB 5P04 or permission of the Graduate Programs Office.