MGMT 443 - Employee Compensation and Benefits

(3 hours) Prerequisites: ECON 224 and MGMT 340. This course describes the human resource management activity of compensation and benefits administration. Students will learn about concepts, structures, and practices pertaining to ways organizations reward employees for satisfactory service, incentivize extraordinary service from employees, and promote employees’ welfare and retention by providing various benefits. Students also learn about strategic and contextual influences on organizations’ compensation practices, including some legislative and regulatory specifics related to certain employee benefits and employee cash wages. This course will be cross-listed with BUSI 543.