BAM 545
Strategic Compensation
Online Course

BAM 545 Strategic Compensation

3 Semester Units

Strategic Compensation examines best practices for using compensation strategically in organizations for talent management and retention. This course will help students develop an understanding of the importance of compensation, negotiation, bargaining, and training within the organization. The course also covers issues related to employee benefits, stock options, compensation analytics, and constraints on pay.

Course Objectives

Upon successful completion of this course, students will be able to:

  • Define strategic compensation and discuss the role of compensation to an organization’s goals and objectives.
  • Analyze the effect of compensation analytics, contract failure, wage theft, and constraints on pay in organizations.
  • Examine best practices for employee training, employee compensation, turnover management, and talent retention.
  • Demonstrate an understanding of designing compensation packages, benefit packages, and stock options.
  • Evaluate processes related to strategic compensation including negotiation, bargaining, and promotions.
  • Demonstrate proficiency with academic writing related to strategic compensation.

If you are interested in taking this course, please explore a degree or certificate program below:

> Explore Business Management Programs

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