Compensation Planning and Management

Credits: 3

Description:

Planning and implementation of a total compensation system, including job analysis, job evaluation, salary survey, and analysis, benefits and development of a structured pay system. Includes behavorial implications and legal compliance issues.

Instructors:

Daniel Lybrook

lybrood@purdue.edu

Phone 765-494-7676

Course Coordinator

Syllabus

Class Schedule

 

PowerPoint Slides

 

OLS 476 Intro

Compensation Myths

What Determines Base Rates

Class 3

Chapter 3

FLSA of 1938

Strategic Analysis

What are Employees Worth

Incentive Pay

Types of Individual Incentives

Person – Focused Plans

Job Evaluation Qualitative Approaches

Internal Consistency

Market Competitive Systems

Market Competitiveness

Compensation Survey

Market Pay Lines

Individual Contributions

Flexible  Spending  vs  HSA

Key Employees