Compensation Management (HRM210)
Issued by
Penn Foster
The course objective is to cover the basic components of a total compensation package (salary, bonus, and benefits), the development, implementation, and maintenance of a program, the impact of internal and external equity, and additional factors which must be considered for the overall success of a program
- Type Validation
- Level Foundational
- Time Months
Earning Criteria
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The methods of assessment include quizzes, examinations, written papers, and a comprehensive final exam with a minimum passing score of 70 percent.
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The methods of instruction include discussion, textbook, and a digital study guide. The general course topics include introduction and determination of the pay structure; determining pay level and individual pay; employee benefits and managing the pay system; and managing the system.