Compensation and Benefits
Brief description
The basic principles of compensation systems, motivation theories, performance appraisal and evaluation methodology, job evaluation and individual salary, individual performance and how to measure it, performance-management cycle, variable-pay programs, bonus, fringe benefits, cafeteria systems, employee share ownership models, annuity models, influence of collective contracts and company agreements, market lines
Mode of delivery
face to face
Type
compulsory
Planned learning activities and teaching methods
Lectures: lectures of the theory and practice of the syllabus by the lecturer
Assessment methods and criteria
final exam
Infos
Degree programme
Work Design & HR Management (Bachelor)
Cycle
Bachelor
ECTS Credits
3.00
Language of instruction
English
Curriculum
Part-Time
Academic year
2023
Semester
3 WS
Incoming
Yes
Learning outcome
After the successful completion of this course the students will have the basic knowledge of modern compensation systems and their motivational aspects as well as incentive and benefit systems that are not tied to salary, and their respective consequences. They will have the skills to apply the total-compensation scheme in business practice and to successfully communicate and implement a performance-oriented compensation system.
Course code
0582-15-01-BB-DE-21