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Psy 4416:  

Course Objectives

4416 Attendance Exams & Exercises Grades Objectives Schedule

 

The purpose of this course is to provide you with an in-depth survey of compensation issues in organizations. Lectures, discussions, exercises, and current events will be used to increase your knowledge of the pay and benefits process. Specific expectations for the class are reflected in the exam study guides. Briefly, by the end of the course you should be able to describe and have increased knowledge of (the):

  • Relation between compensation and an organization’s strategic objectives

  • Legal context surrounding compensation in the U.S.

  • Determination of the organization’s internal alignment

  • Role of job analysis in compensation

  • Job evaluation techniques and person-based structures

  • Determination of external competitiveness and constructing compensation surveys

  • Pay for performance systems

  • Mandated and non-mandated benefits

  • Executive compensation packages and other “special” groups

  • Unions and compensation

  • Compensation in other countries

Psychology department outcomes or competencies developed in this class include:

  • Understanding of critical facts, theories, and issues in HRM

  • Library, Internet, and computer-based information-seeking skills

  • Critical thinking or problem solving in discipline

  • Ability to communicate clearly, skillfully, and sensitively with others (including oral and written communications skills)

  • Using language and style requirements of discipline

  • Appreciation of individual differences and diversity