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Gain an understanding of the process, issues and techniques involved in developing and administering a compensation system. Learn how to analyze an organization to identify the components of compensation, and understand how an organization formulates a reward and compensation strategy. Practice implementing and maintain an effective compensation system.

Topics

  • The theoretical and applied aspects of the compensation function
  • The linkage between the compensation function and the organizational management process
  • The compensation system design necessary to attract, retain and motivate the required workforce

Professional Designation

Approved by the Human Resources Professionals Association (HRPA) for the following CHRP and CHRL course work requirements: Compensation

Individual Course Registration

This course is part of the Diploma program and can also be taken as an individual course for non-credit/professional development.  How many courses can you take before you have to apply to the program? 

What You Will Learn

At the completion of this course, the student will be able to:

  • Develop an understanding of the strategic framework of compensation
  • Understand the behavioural framework for compensation
  • Analyze an organization to identify the components of compensation, including base, indirect and performance pay choices
  • Understand how an organization formulates a reward and compensation strategy
  • Describe the Pay Equity Act and apply the job evaluation process to develop a compliant compensation system
  • Evaluate the labour market by analysing data from compensation surveys and labour supply
  • Understand the performance appraisal process
  • Design and develop pay for performance models of compensation
  • Design and develop indirect pay plans
  • Implement and maintain an effective compensation system

Applies Towards the Following Certificates

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Register - Select a section to enroll in

Type
In class
Days
Th
Time
6:00PM to 9:00PM
Dates
Jan 09, 2020
Type
Online
Dates
Jan 13, 2020 to Jan 19, 2020
Type
In class
Days
Th
Time
6:00PM to 9:00PM
Dates
Jan 23, 2020
Type
Online
Dates
Jan 27, 2020 to Feb 02, 2020
Type
In class
Days
Th
Time
6:00PM to 9:00PM
Dates
Feb 06, 2020
Type
Online
Dates
Feb 10, 2020 to Feb 16, 2020
Type
Online
Dates
Feb 24, 2020 to Mar 01, 2020
Type
Online
Dates
Mar 02, 2020 to Mar 08, 2020
Type
In class
Days
Th
Time
6:00PM to 9:00PM
Dates
Mar 12, 2020
Type
Online
Dates
Mar 16, 2020 to Mar 22, 2020
Type
In class
Days
Th
Time
6:00PM to 9:00PM
Dates
Mar 26, 2020
Type
Online
Dates
Mar 30, 2020 to Apr 05, 2020
Type
In class
Days
Th
Time
6:00PM to 9:00PM
Dates
Apr 16, 2020
Schedule
Total Hours
39.0
Format
Instructors
  • Amy Smith

What to Expect

This is an interactive hybrid course; you will engage face-to-face during the in-class portion and online with your class and instructor through our online learning management system.  

You can expect approximately six hours of work per week for discussions, readings, assignments, projects, exams/quizzes and other course requirements.

Completion Requirements

This is a graded course. Evaluation will be based on any combination of participation, exams/quizzes and assignments.

Textbook

Strategic Compensation in Canada, 6th edition, Long & Singh, ISBN 9780176657161

Required