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Managing Employee Compensation, University of Minnesota

4.6
411 ratings
87 reviews

About this Course

How do I pay employees? And how do I get paid? This course covers how to pay employees. We begin by asking: "What kind of a person do I need to attract, retain, and motivate for my business to succeed?" From here, we'll explain how to translate that pay strategy into the pay mix: the salary structure, short-term incentives, long-term incentives, and benefits that are aligned to your business objectives. 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. If you're interested in learning how to pay employees, or learning where your paycheck comes from, this course is for you!...

Top reviews

By AF

Jun 30, 2016

This course gave me the overview on compensation and benefits I was looking for. The professor explanations are clear and well detailed. I recommend this class for anyone interested on the topic.

By PV

Apr 10, 2017

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.

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86 Reviews

By Rebekah Neely

Nov 26, 2018

This course was very technical in terms of compensation analysis, and offered information I've never received from any other HR college course. This is a very important subject in recruitment and retention. The methods in this course were organized well with plenty of detail to support ideas.

By Deanna Warren

Nov 25, 2018

Thank you so much!!!

By SUMALATHA DARAVATH

Oct 29, 2018

Very useful learned how compensation system works in an organization.

By Wrennecia Thomas

Oct 26, 2018

Very educational and informative course which works in collaboration with the others. Great professor as well who made it easy to understand.

By Theocharis-Alexandros Karathymios

Oct 14, 2018

Exceptional!

By Pamela Way

Sep 12, 2018

This was a tough but well taught course

By Lorena Navarrete

Sep 11, 2018

It was very helpful, I really enjoy the process. I wish Mike Davis had participated more along the course.

By Irineo II Jaylo Ocaña

Sep 09, 2018

Very useful

By Danilo Vaccari

Aug 21, 2018

I like this course, because it is very practical. However, the part related to FLSA and pensions and health policies is very specific to the reality of the USA. Living in another country, where there is a strong public presence in these sectors, I found myself uncomfortable and I found these sections less useful.

By Atena Nazem

Aug 19, 2018

Generally very informative- however mostly tailored for US laws and practices. Thus perhaps not as practical for Europe