Essentials of Compensation

Course Description

This course will examine the strategic use of compensation systems by management to attract, motivate, retain, and reward employee performance.  This course will explore the factors of job analysis, job description, and job evaluation as the basis of compensation strategy offering students an opportunity to develop competencies in making equitable compensation decisions.

Course Learning Goals

After completing this course, you will be able to:

If you opt to address an H3B competence, you will be able to:

Explain how to manage for equity in compensation with regard to two or more of the following factors: race, ethnicity, nationality, socioeconomic status, age, gender, sexual orientation.

  1. Discuss two or more of the following: race, ethnicity, nationality, class or economic status, age, gender, sexual orientation, or religion. Students will write a 2 to 3 page analysis paper to compare and contrast at least two different minority groups and analyze how the compensation system affects the workplace diversity and SES of the employees of these different groups as well as recommend revision of the compensation system to achieve desired effects.
  2. Choose a context in which they interact. (Managerial, employee, stockholder, customer, and regulator)
  3. Explain how the chosen factors interact with each other. (Students will analyze a minimum of two of the following factors:  SES, race, gender, age and ethnicity. Students will then analyze the interaction to explain how these factors affect the design of systems and compensation decision-making. Issues to apply factors listed above include:  pay equity, job evaluation, motivation & reward systems.)
  4. Articulate the impact of these factors and their interactions on oneself or others. (Students will analyze how the resulting compensation system can affect the SES, race, gender, ethnicity and age of a firm's employees.)

If you opt to address an FX competence, you will be able to:

Identify, define, analyze, and address issues of attracting, motivating, retaining, and rewarding performance using compensation and pay systems.

  1. Identify, define, discuss, and recognize important terminology, concepts, principles, and analytical techniques used in compensation.
  2. Apply appropriate terminology, concepts, and analytical techniques when analyzing moderately complex factual cases involving compensation issues.
  3. Develop appropriate solutions to moderately complex factual cases involving compensation issues.

Course Competencies

In this course, you will develop the following competencies:

Competence

Competence Statement and Criteria

H3B

Can explain how two or more of the factors of race, ethnicity, nationality, socioeconomic status, age, gender, sexual orientation, or religion interact to shape oneself or others. Students demonstrate this competence by choosing a compensation issue, located within a case study, describe the context of the problem, and then propose appropriate solutions to the compensation issues manifested in the case and writing a term paper.

FX

Can identify, define, analyze, and address issues of attracting, motivating, retaining, and rewarding performance using compensation and pay systems. Students demonstrate this competence through facilitated discussion, Role-play, case analysis, and writing a term paper.

Course Resources

To buy your books, go to http://depaul-loop.bncollege.com.

Required Reading:

Compensation Management. FA 159. Tyler Kahdeman. DePaul University. MCGraw-Hill, 2011 ISBN: 978-112125710-8 (for hard copy) and ISBN: 978-112-126-218-8 (for e-book).

Recommended reading (not required):

Harvard Business Review, Journal of Management, Compensation and Benefits Review

Course Grading Scale

A = 95 to 100

A- = 91 to 94

B+ = 88 to 90

B = 85 to 87

B- = 81 to 84

C+ = 77 to 80

C = 73 to 76

C- = 69 to 72

D+ = 65 to 68

D = 61 to 64

F = 60 or below

INC

Please note: Grades lower than a C- do not earn credit or competence in the School of Continuing and Professional Studies.

Course Structure

This course consists of 5 modules. The estimated time to complete each module is 1 week. The following table outlines the course:

Week Module # and Title Readings Assignments
Week 1, Module 1: The Pay Model Read Chapter 1 in the textbook, pp. 2-25
Read Your Turn-Circuit City Case Study, p.28
Read Your Turn-Merrill Lynch case study, pp. 61- 62
View Instructor video
1.1 Introductions Discussion
1.2 Defining Compensation and the Pay Model Discussion
1.3 Case Study  Selection Rationale: Strategic Pay Decisions
Week 2, Module 2: Strategic Approaches to Compensation Read text, Ch. 2, pp.39- 70
View instructor video
2.1 Discussion: Medtronic Case
2.2 Research Paper Topic Selection
Week 3, Module 3: Job Analysis: Establishing Internal and External Equity and Job Evaluation Read text, Ch. 4, pp. 75-111
Read text, Ch. 5, pp. 112-144
View instructor video
3.1 Job Analysis and Evaluation Discussion
3.2 Case Analysis 1
Week 4, Module 4: Designing a Compensation System:
Leveraging Compensation to Achieve Motivation, Efficiency, Equity, Fairness, and Compliance
Read text, part 4 and Ch. 9. pp. 149- 184
Read text, Ch. 10, pp.185- 227
Read ch. 11, pp. 228 to 279
View Instructor Video
4.1 Role play discussion
4.2 Research Paper Rough Draft
Week 5, Module 5: Legal and Ethical Issues in Compensation: Motivation, Diversity, Equity for Special Groups View Instructor Video 5.1 Pay Discrimination Discussion
5.2 Learning Reflection
5.3 Final Draft, Research Paper

To see course due dates, click on the Checklist link on the top navigation bar.  This page contains module-specific checklists and due dates for the work due in the course.

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Assessment of Learning

Percentage distribution of Assessments

Grading Category Percent of Final Grade
Discussion 35%
Research Paper 40%
Learning Reflection 15%
Case Analysis 10%
Total 100%

Grading Policies and Practices

To complete the course, you must complete each of the assignments as described in the course and submit them to your instructor by the assigned deadline.  In addition, you must participate in the course discussion forum by responding to all instructor requests and by interacting with fellow classmates as necessary.

Points are deducted for late work.

Assessment Criteria for Each Competence

General Assessment Criteria for All Writing Assignments

All writing assignments are expected to conform to basic college-level standards of mechanics and presentation.

Consider visiting the Writing Center to discuss your assignments for this course or any others. You may schedule appointments (30 or 50 minutes) on an as–needed or weekly basis, scheduling up to 3 hours worth of appointments per week. Online services include Feedback–by–Email and IM conferencing (with or without a webcam). All writing center services are free.

Writing Center tutors are specially selected and trained graduate and undergraduate students who can help you at almost any stage of your writing. They will not do your work for you, but they can help you focus and develop your ideas, review your drafts, and polish your writing. They can answer questions about grammar, mechanics, different kinds of writing styles, and documentation formats. They also can answer questions and provide feedback online, through IM/webcam chats and email.

Obviously, the tutors won’t necessarily be familiar with every class or subject, but they are able to provide valuable help from the perspective of an interested and careful reader as well as a serious and experienced student-writer.

Schedule your appointments with enough time to think about and use the feedback you’ll receive. To schedule a Face-to-Face, Written Feedback by Email, or Online Appointment, visit www.depaul.edu/writing.

Discussion Forums

Discussion Forums are an important component of your online experience. This course contains discussion forums related to the topics you are studying each week. For requirements on your participation in the Discussion Forums, please see "Course Expectations" in the syllabus.

A Course Q & A discussion forum has also been established to manage necessary, ongoing social and administrative activities. This is where the management and administrative tasks of the course are conducted, and where you can ask 'process' questions and receive answers throughout the course. Please feel free to answer any question if you feel you know the answer; this sharing of information is valuable to other students.

Course Policies

 

College and University Policies

This course includes and adheres to the college and university policies described in the links below:

Academic Integrity Policy (UGRAD)

Academic Integrity Policy (GRAD)

Incomplete Policy

Course Withdrawal Timelines and Grade/Fee Consequences

Accommodations Based on the Impact of a Disability

Protection of Human Research Participants

APA citation format (GRAD)

Additional Course Resources

University Center for Writing-based Learning

SNL Writing Guide

Dean of Students Office

Changes to Syllabus

This syllabus is subject to change as necessary. If a change occurs, it will be clearly communicated to students.

Credits

This course was designed and produced by Tyler Kahdeman and staff at SCPS of the School of Continuing and Professional Studies DePaul University.

© 2011 School of Continuing and Professional Studies, DePaul University. All Rights Reserved by SCPS during contractual interval with the author.

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