This course is designed to apply objectives, principles, regulations, and terminology gained in the Compensation Basics class to learn to design an organization’s compensation plan from start to completion. Through this hands-on class, students will learn to identify key steps in the design process, analyze organizational needs, translate those needs into compensation strategies, and develop a program that supports the organizational goals. Team case studies are used throughout the advanced compensation class, which will illustrate each step in the process of designing a compensation plan. Students will come away with a completed compensation packet and learn about how other teams with different case studies put together their compensation plans.
Recommended Prerequisites: Basic Excel skills, and successful completion of the Compensation Basics class or equivalent experience. See our detailed course information including course content, learning objectives, and prerequisites.