About this Course

Whether you\'re writing paychecks or wondering where yours comes from, this course is for you! We begin by asking: \"To succeed, what kind of a person does your organization need to attract, retain, and motivate?\" From there, we\'ll explain how to align your organization\'s objectives, its pay philosophy, and ultimately the way it designs and implements its salary structure, short-term incentives, long-term incentives, and benefits. Interested in learning more about the technical aspects of compensation, but don\'t know where to begin? We\'ll give an overview of key the key technical skills: compliance with pay regulations, understanding stock options, shopping for health insurance and pension providers, and designing incentive plans. Lastly, we\'ll discuss non-monetary methods of motivating employees. Upon completing the course, you should be able to have an understanding of compensation both strategically and technically. Learners will also gain introductory familiarity with pay regulation in the US.

Created by: University of Minnesota