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MGT 406-Compensation Management
MGT 406-Compensation Management
Course Description:
This course addresses the key elements and strategies of benefits and compensation
management. Students will gain an appreciation for the complexities of strategic
compensation planning, job evaluation systems and the establishment of an effective
compensation structure. Additional focus is placed on employee benefit programs,
incentive plans for non-management, management and executive employees.
Course Objectives:
This course aims at providing key concepts related to compensation management, which
is an integral part of human resources management, and, from the point of view of
employees, probably its most important part. Upon completion of this course, the
student will be able to:
Text Book:
1. Compensation management in knowledge based world by Richard I. Henderson,
10th edition, Prentice Hall, New Jersey USA.
Reference Books:
1. A guide to compensation management by Peter T. Chingos, 2nd edition.
2. The Compensation Handbook: A State-Of-The -Art Guide to Compensation Strategy
and Design by Lance A Berger, Dorothy Berger
3. Compensation and Benefit Design by Bashker D. Biswas
Lecture Schedules