Compensation Management

Course Code: 
MGMT3062

This course is intended to introduce students to the principles and practice in modern compensation management.  Students who take this course will: Be able to explain the role of compensation in the management of human resources in an organization, Be able to explain the importance of  compensation in achieving the strategic objectives of an organization, Be able to explain the theoretical issues that underlie the design of a compensation system, the techniques involved in designing a compensation system and the skills necessary to make sound compensation decisions in different Labour market settings, Be able to describe the unique variables operating in the Caribbean context and explain in the light of this, how to design an appropriate compensation system

Semester: 
Semester 1
Pre-Requisites: 
MGMT3017
Department: 
Mona School of Business and Management