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Compensation and Benefits

Course CodeHRMT-311
Lecture hours per week4
Lab hours per week
Course AvailabilityOpen
Description

The primary objective of this course is to provide an understanding of strategies, issues, process, and techniques involved in developing and administering a compensation system. The course is designed to enable the students to gain knowledge of:
1) Both the theoretical and applied aspects of the compensation function in HRM;
2) The linkage between the compensation function and the organizational management process;
3) The compensation system design necessary to attract, retain, and motivate the required workforce.

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