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Managing Employee Compensation

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  • Pay Determination
    • This module covers designing a compensation strategy and translating that into a pay structure.
  • Pay for Performance
    • This module covers employee performance evaluations, raises and promotions, short-term incentives (like commissions), and long-term incentives (like stock options).
  • Benefits and Compliance
    • This module covers pay compliance, the Fair Labor Standards Act, statutory benefits (like OASDI), and non-statutory benefits (like 401ks).
  • NON-MONETARY REWARDS
    • In this module you will learn about Non-Monetary Rewards. These are very important rewards and are different from monetary rewards. At the end of this lesson you should be able to explain what a non-monetary reward is, describe different kinds of non-monetary rewards, and some ways to implement non-monetary rewards at your own company. So get ready, get started, and go for it!