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Course Description

Compensation plays a critical role in attracting and retaining the right talent to meet organizational goals. Performance is each individual's contribution toward these goals. An effective compensation strategy should ensure individual performance and organizational outcomes are connected.

Decisions made regarding the compensation structure must also be aligned with the organization’s financial ability to pay. Can you afford the pay-for-performance system in good times and in bad? Learn how to design and evaluate your compensation strategy as you determine how to measure performance using the expertise of Dr. Barrington and Dr. Thomas.

After completing this course you will be able to understand the challenges of measuring and compensating on the basis of performance in a way that aligns with the goals and needs of your organization.

Faculty Author

Linda Barrington; Stephanie Thomas

Benefits to the Learner

  • Define performance in a contextually appropriate manner
  • Recognize differences within the workforce that either facilitate pay for performance or make pay for performance more challenging
  • Identify opportunities to improve pay-for-performance practices that are counterproductive or misaligned with organizations' needs
  • Choose the elements of performance pay that are best suited to their organizational circumstances

Target Audience

  • New through intermediate-level HR professionals, including lower-level specialists in Compensation and Benefits

  • HR Generalists looking to specialize or round out their skills

  • Not especially suited to experienced or specialized talent

Accrediting Associations

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Enroll Now - Select a section to enroll in
Type
2 week
Dates
Nov 20, 2024 to Dec 03, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $0.00
Type
2 week
Dates
Dec 18, 2024 to Dec 31, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $0.00
Type
2 week
Dates
Jan 15, 2025 to Jan 28, 2025
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $0.00
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