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Essentials of Compensation

X450.3 (2 semester units in Business Administration)

(formerly Introduction to Compensation)

The cost of employee compensation to an employer or organization can vary greatly, from 20 percent of overall operating expenses in a highly automated environment to 80 percent in a service organization. An organization's compensation system is influenced by many factors, including the availability of a skilled workforce, the organization's structure, the economic environment, and legal requirements. This introductory course helps you understand the design and administration of a cash compensation system and how that system influences management of human resources.Enrollment is limited.

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