Managing Employee Compensation
list 4 séquences
assignment Niveau : Introductif
label Management et Ressources humaines
chat_bubble_outline Langue : Anglais
card_giftcard 7.2 points
4.1 /5
Avis de la communauté
23 avis

Les infos clés

credit_card Formation gratuite
verified_user Certification payante
timer 12 heures de cours

En résumé

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. 

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Le programme

Alan Benson, Assistant Professor
Carlson School of Management, Department of Work and Organizations

Mike Davis, Senior Lecturer
Carlson School of Management, Department of Work and Organizations

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Les intervenants

WEEK 1 : Pay Determination
This module covers designing a compensation strategy and translating that into a pay structure.

WEEK 2 : Pay for Performance
This module covers employee performance evaluations, raises and promotions, short-term incentives (like commissions), and long-term incentives (like stock options).

WEEK 3 : Benefits and Compliance
This module covers pay compliance, the Fair Labor Standards Act, statutory benefits (like OASDI), and non-statutory benefits (like 401ks).

WEEK 4 : 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!

 

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Le concepteur

The University of Minnesota is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation’s most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.
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La plateforme

Coursera est une entreprise numérique proposant des formation en ligne ouverte à tous fondée par les professeurs d'informatique Andrew Ng et Daphne Koller de l'université Stanford, située à Mountain View, Californie.

Ce qui la différencie le plus des autres plateformes MOOC, c'est qu'elle travaille qu'avec les meilleures universités et organisations mondiales et diffuse leurs contenus sur le web.

Avis de la communauté
4.1 /5 Moyenne
13
5
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Contenu
4.1/5
Plateforme
4.1/5
Animation
4.1/5
Le meilleur avis

This course was incredibly useful in a practical sense. I was able to apply what I learned directly to my new position as Business Manager of a small company. The course also helped me understand my spouse's compensation package and to optimize its benefits. I highly recommend this course to other managers interested in the topic.

le 21 janvier 2018
Quelle note donnez-vous à cette ressource ?
Contenu
0/5
Plateforme
0/5
Animation
0/5
le 1 février 2018

Not as good as other courses in the series. Highly repetitive content in week 4. It must be realized that the course is being taken by students across the globe hence doing an assignment based on a job in USA is very difficult. Besides entire week 3 is dedicate only for rules in USA which is not at all useful for students outside of USA

le 21 janvier 2018

This course was incredibly useful in a practical sense. I was able to apply what I learned directly to my new position as Business Manager of a small company. The course also helped me understand my spouse's compensation package and to optimize its benefits. I highly recommend this course to other managers interested in the topic.

le 16 décembre 2017

I learnt a lot in this course. The content was very good and the videos were very clear and easy to follow. I would like to thank to Prof Alan Benson, Mike Davis and all other supporting staff behind the curtains. Greatly appreciated.

le 23 novembre 2017

I learnt very practical ideas about how the compensation can improve engagement, motivate people that they want to attract. Thank you!

le 16 novembre 2017

Week 3 is all about US context, which I found a little irrelevant since I don't live there.Week 4 is difficult to understand.Overall, good contents, I managed to get a lot from this course.Thank you very much!