BUS603 Compensation & Benefits
This course provides an overview of total compensation as applied in contemporary business operations, including the establishment of compensation and benefits policy and the administration of wages and salaries. Students will explore the wide range of financial incentives for employees at all levels that help to relate labor costs to productivity. In addition, there will be an examination of the legally required and voluntarily provided benefit programs designed to cushion financial and other problems as well as the financial accounting for various types of employee benefit plans.Prerequisite: must be admitted to the graduate management program or permission of the department Chair/Program Director