Business Administration

BA4855Compensation Structure Development3 ch (3C) [W]

Explores the theory and practice of compensation structure development based on concepts of internal and external equity. Internal equity focuses on assessing the relative worth of different jobs in an organization through job evaluation. External equity involves assigning pay levels to different jobs in an organization based on data collected from wage and salary surveys of competitors. Students are required to apply concepts and techniques discussed in class within a group project that entails developing a compensation structure for a hypothetical company.

Prerequisites: BA 2858 with a minimum grade of C and successful completion of 75 ch, or admission to the Certificate in Human Resource Management and successful completion of BA 1605, BA 2858 and BA 3813 with a minimum grade of C.