Managing Employee Compensation
Master HR compensation strategies, from salary structures to benefits. Learn to design and implement effective employee rewards systems.
Master HR compensation strategies, from salary structures to benefits. Learn to design and implement effective employee rewards systems.
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Human Resource Management: HR for People Managers Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
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English
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What you'll learn
Design and implement effective compensation strategies aligned with organizational goals
Develop competitive salary structures and pay-for-performance systems
Understand and manage employee benefits including health insurance and pension plans
Ensure compliance with pay regulations and employment laws
Implement effective non-monetary reward programs
Skills you'll gain
This course includes:
5.2 Hours PreRecorded video
15 assignments
Access on Mobile, Tablet, Desktop
FullTime access
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There are 4 modules in this course
This comprehensive course explores the strategic and technical aspects of employee compensation management. It covers the complete spectrum of compensation topics, from designing pay structures and implementing performance-based rewards to managing benefits and ensuring regulatory compliance. The curriculum combines theoretical frameworks with practical applications, helping HR professionals and managers develop effective compensation strategies that align with organizational objectives while maintaining competitiveness in the labor market.
Pay Determination
Module 1 · 3 Hours to complete
Pay for Performance
Module 2 · 3 Hours to complete
Benefits and Compliance
Module 3 · 4 Hours to complete
NON-MONETARY REWARDS
Module 4 · 3 Hours to complete
Fee Structure
Instructors
HR Analytics Expert and Personnel Economics Scholar
Dr. Alan Benson serves as Associate Professor in the Work and Organizations Group at the University of Minnesota's Carlson School of Management. His academic credentials include a Ph.D. from MIT Sloan School of Management and a B.S. from Cornell's School of Industrial and Labor Relations. Through his Coursera courses "Managing Employee Compensation" and "Human Resources Management Capstone: HR for People Managers," he helps students understand modern compensation strategies and HR management principles. His research focuses on people analytics and personnel economics, analyzing HR data to improve organizational decisions about hiring, promotions, and compensation. His work has been published in prestigious journals including the Quarterly Journal of Economics and Academy of Management Journal, and featured in major media outlets like the New York Times and Wall Street Journal. As Academic Director of Minnesota's Master of Human Resources and Industrial Relations program, he combines academic excellence with practical business applications. His expertise spans compensation strategy, negotiations, and HR analytics, making complex organizational concepts accessible to students while maintaining rigorous academic standards.
Senior Lecturer in Human Resources Management at the University of Minnesota
Mike Davis is a Senior Lecturer at the University of Minnesota, specializing in human resources management. He teaches the course "Managing Employee Compensation," where he focuses on equipping students with essential skills and knowledge related to compensation strategies and practices in organizations. With a strong background in human resources, Davis emphasizes the importance of effective compensation management in fostering employee engagement and organizational success.His teaching approach combines practical insights with academic rigor, aiming to prepare current and future leaders in the field of human resources. Davis's commitment to education and professional development is reflected in his dedication to creating a positive learning environment for his students.
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4.7 course rating
1,842 ratings
Frequently asked questions
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