Managing Employee Compensation
Human Resource Management: HR for People Managers,
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.
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| Rating | 4.5★ based on 143 ratings |
|---|---|
| Length | 5 weeks |
| Effort | 4 weeks of study, 2-4 hours/week |
| Starts | Jul 3 (46 weeks ago) |
| Cost | $79 |
| From | University of Minnesota via Coursera |
| Instructors | Alan Benson, Mike Davis |
| Download Videos | On all desktop and mobile devices |
| Language | English |
| Subjects | Business |
| Tags | Business Business Essentials |
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What people are saying
great course
Great course!
Great Course content and beautiful taught.
effective course This course has helped me to understand various aspects of compensation management it is a very great course and it provides very good insights about the topics related to compensation.
Great course.
Great course and very important cover of the subject.
I can't say it enough, Great Course!
Great course..my only issue was the amount of US regulation, being a Canadian Citizen, it was more challenging especially because much of the content not applicable but that is to be expected at an american University.
Other than that, a great course with great content and excellent value.
Great Course.
Really Really good course, and worth the money and time it just an amazing experience :) Is a great course, you can accquiere a complete visión of managing compensation and can be a base to improve your knowledge in your job and have and idea to keep learning in other topics related.
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compensation and benefits
I would recommend it to anybody who wants to build a solid foundation in compensation and benefits.
This course gave me the overview on compensation and benefits I was looking for.
well organized great course Compensation and Benefits I learned all the details part in this course , by this i enhance my domain and its beneficial for my career growth This as an EXCELLENT course and well needed in my current and future roles as it really helped me in understanding the pay structure, pay determination and our management compensation plan.
Thus perhaps not as practical for Europe Great course Although this course did have some helpful information, it was very focussed on American compensation and benefits.
It would be far better if some ideas about Compensation and benefits in other countries were given in order at least to compare the traditions and Laws.
The course was so rich with knowledge as added me value in compensation and benefits The course was well organized and a great overview of all of the types of compensation.
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employee compensation
Insightful and Provided great ideas The course provides a comprehensive overview on the fundamental aspects of employee compensation.
Some details can be added into ESOP development and how to budget for employee compensation.
the best one My favorite Module This is an outstanding course for anyone wanting to understand employee compensation from a Human Resources perspective.
MaAnaging Employee Compensation.
Great course for all whom want to develop your management about employee compensation.
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helped me understand
The course also helped me understand my spouse's compensation package and to optimize its benefits.
It was a great course helped me understand and gain more insights about compensation and benefits.. My only suggestion is that the assignment part if it is given for the people to do for the job description of their country with their labour laws criteria it would be more efficient for the learner.
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mike davis
Loved the non-monetary benefits module with Mike Davis.
I would like to thank to Prof Alan Benson, Mike Davis and all other supporting staff behind the curtains.
I wish Mike Davis had participated more along the course.
I loved Mike Davis classes!
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so much
Also I feel like peer evaluation would work better for on-sight classes, but not so much for an online course.
Thank you so much!!!
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total rewards
Great overview of total rewards compensation and related topics.
I feel more confident discussing total rewards program with employees.
All topics are very well covered and really gives you idea about total rewards framework Most of things taught in this course are useful, while most of the contents taught in Week3 is about American labor marketing environment, not suit for other countries!
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pay mix
Everything was great except a few things might be improved according to my personal experience:1.Elements in the pay mix model could be explained briefly in advance.2.Too much text on the slides in week four.
This course will give you a good view of how the different components of the pay mix affect employee compensation.
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thoroughly enjoyed
This was a great class, I thoroughly enjoyed it.
Very good, detailed 4-week course on Management of Employee Compensation module.I thoroughly enjoyed the course and gained knowledgable insights into the domain of compensation design and management for employees in an organisation.
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made it
They made it interesting and I learned a lot.
Great professor as well who made it easy to understand.
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non-monetary benefits
Very strange concept of non-monetary benefits.
It very common to forgo cash remuneration for non-monetary benefits (mainly for tax advantages) which was largely ignored in this course.
Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile.
Crew Pay Analyst $40k
Crew Pay Analyst $40k
Self Pay Collector $44k
Positive Pay Specialist $48k
Well analyst $76k
Incentives Administrator $76k
Program Manager, Incentives $83k
Well Planner 2 $88k
Well Tester 3 $88k
Well Engineer $93k
Well Operator $94k
Well Control $115k
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| Rating | 4.5★ based on 143 ratings |
|---|---|
| Length | 5 weeks |
| Effort | 4 weeks of study, 2-4 hours/week |
| Starts | Jul 3 (46 weeks ago) |
| Cost | $79 |
| From | University of Minnesota via Coursera |
| Instructors | Alan Benson, Mike Davis |
| Download Videos | On all desktop and mobile devices |
| Language | English |
| Subjects | Business |
| Tags | Business Business Essentials |
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