Coursera
Coursera Logo

UMN - Managing Employee Compensation 

  • Offered byCoursera

Managing Employee Compensation
 at 
Coursera 
Overview

Duration

15 hours

Start from

Start Now

Total fee

Free

Mode of learning

Online

Official Website

Explore Free Course External Link Icon

Credential

Certificate

Managing Employee Compensation
 at 
Coursera 
Highlights

  • Shareable Certificate Earn a Certificate upon completion
  • 100% online Start instantly and learn at your own schedule.
  • Course 4 of 5 in the Human Resource Management: HR for People Managers Specialization
  • Flexible deadlines Reset deadlines in accordance to your schedule.
  • Approx. 15 hours to complete
  • English Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
Read more
Details Icon

Managing Employee Compensation
 at 
Coursera 
Course details

More about this course
  • Whether you're writing paychecks or wondering where yours comes from, this course is for you!
  • We begin by asking: "To succeed, what kind of a person does your organization need to attract, retain, and motivate?" From there, we'll explain how to align your organization's objectives, its pay philosophy, and ultimately the way it designs and implements its salary structure, short-term incentives, long-term incentives, and benefits.
  • 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.
  • Upon completing the course, you should be able to have an understanding of compensation both strategically and technically. Learners will also gain introductory familiarity with pay regulation in the US.
Read more

Managing Employee Compensation
 at 
Coursera 
Curriculum

Pay Determination

HR for People Managers Specialization (Re-cap)

About Alan Benson!

1.1.1 Overview of the Pay Model

1.1.2 From a Pay Strategy to a Pay Mix

1.2.1 Producing a Job Description

1.2.2 Benchmarking Pay

1.2.3 Surveys and the Labor Market

1.2.4 Labor Supply and Labor Demand

1.3.1 Salary Structure Terminology

1.3.2 Salary Structures and Internal Benchmarks

1.3.3 Criteria for Raises and Promotions

1.3.4 Broadbanding

Benchmarking Jobs

Building a Pay Structure

Pay Determination

Pay for Performance

2.1.1 Tying Pay to Performance Evaluations

2.1.2 Should Pay Depend on Performance Evaluations?

2.1.3 Designing Performance Evaluations

2.2.1 To Incent or Not to Incent? (What are Short Term Incentives?)

2.2.2 Should Jobs Use Short Term Incentives?

2.2.3 Designing Incentives

2.3.1 Varieties of Long Term Incentives

2.3.2 Stock Options

2.3.3 Examples of Long Term Incentives

Raises and Promotions

Short Term Incentives

Long Term Incentives

Pay For Performance

Benefits and Compliance

3.1.1 An Overview of US Employment Law

3.1.2 Fair Labor Standards Act (FLSA) Protections and Coverage

3.1.3 FLSA in Practice

3.1.4 FLSA Exemptions

3.2.1 Statutory Benefits

3.2.2 Perks

3.2.3 Strategic Benefits

3.3.1 Shopping for Health Insurance Providers

3.3.2 Affordable Care Act

3.3.3 Pension Plans - Taxes and Types

3.3.4 Shopping for Pension Providers

Pay Mix Review and Up Next (Mike Davis)

Pay Compliance

Benefits

Health and Pensions

Benefits and Compliance

NON-MONETARY REWARDS

About Mike Davis!

4.1.1 Introduction

4.1.2 Value to Employees

4.1.3 Value to Employers

4.2.1 Recognition

4.2.2 Learn and Grow

4.2.3 Flexibility

4.3.1 Program Design

4.3.2 What Can Go Wrong?

4.3.3 Go For It!

Introduction to Non-Monetary Rewards

Three Common Non-Monetary Rewards

Implementing Non-Monetary Rewards

Non-Monetary Rewards

Managing Employee Compensation
 at 
Coursera 
Admission Process

    Important Dates

    May 25, 2024
    Course Commencement Date

    Other courses offered by Coursera

    – / –
    3 months
    Beginner
    – / –
    20 hours
    Beginner
    – / –
    2 months
    Beginner
    – / –
    3 months
    Beginner
    View Other 6715 CoursesRight Arrow Icon

    Managing Employee Compensation
     at 
    Coursera 
    Students Ratings & Reviews

    5/5
    Verified Icon4 Ratings
    A
    Apoorwa Sinha
    Managing Employee Compensation
    Offered by Coursera
    5
    Learning Experience: Managing employee compensation is part of the human resources management for HR personnel . This course will help HR specialized student in enhancing their skill and knowledge about employee compensation. It will help them in becoming future HR of company. Basically this course deals in discipline for determining employees appropriate pay and benifit. A critical element in talent management and employee retention, it uses financial and non monetary benifit to attract and reduce turnover of company and boost employee morale
    Faculty: The faculties are great they deal with each and every topic clearly by explaining each points The course contain few excercises like MCQ's and a written assissment.
    Course Support: Being an HR personnel it is very necessary to know abour employee compensation management so that whenever i get into a company i can easily solve problem related to compensation and can reduce employee turnover
    Reviewed on 5 Nov 2022Read More
    Thumbs Up IconThumbs Down Icon
    M
    Mansi Gauri
    Managing Employee Compensation
    Offered by Coursera
    5
    Other: Taking this course helped build my skills, gain knowledge about payroll processing, benchmarking salaries, basic US employment laws and many more. It helped me figure out the rewards system , bonuses, etc. Doing certification courses really helps bulid your skills-set.
    Reviewed on 26 Jun 2021Read More
    Thumbs Up IconThumbs Down Icon
    A
    aman singh
    Managing Employee Compensation
    Offered by Coursera
    5
    Other: It was a great learning by Coursera, as digital India is going to a lead future era.
    Reviewed on 26 Nov 2020Read More
    Thumbs Up IconThumbs Down Icon
    R
    Renu Hariharan
    Managing Employee Compensation
    Offered by Coursera
    5
    Other: The course is dealt by University of Minnesota and topics are handled by a couple of professors. It gives a very good insight on how employee compensation is decided and managed, what determines the same, etc. The only drawback of the course is that only the US legalities and norms with respect to employee compensation is focussed. One who wishes to work in an Indian company may not relate to the same. Otherwise, the course is great!
    Reviewed on 16 Oct 2020Read More
    Thumbs Up IconThumbs Down Icon
    View All 4 ReviewsRight Arrow Icon
    qna

    Managing Employee Compensation
     at 
    Coursera 

    Student Forum

    chatAnything you would want to ask experts?
    Write here...