MGMT 452 Compensation Management
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The MGMT 452 Compensation Management course is all about the study of the function of wages in human resource management. Topics include job analysis, job appraisal, wage determination, performance compensation, and employee benefits. The impact of compensation on recruitment, satisfaction and productivity was studied under this course.
When employees put their best effort in the right direction, the goals or objectives of the organization can be achieved. Therefore, they should be properly educated and generously rewarded for their work, job, services, etc. In addition to salaries, organizations also provide employees with various types of incentives, benefits and services.
The MGMT 452 Compensation Management course mainly focuses on the compensation of employees and their contribution to the achievement of the goals of the organization. Obviously, this is due to the development and implementation of a full compensation plan. It is also called payroll and payroll management.
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