# 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](https://www.calcoast.edu/management/)

## CCU Online Courses FAQ

##### 1. Can I take a single course?

No. At this time, students may only enroll in a [certificate](https://www.calcoast.edu/online-degree-programs/) or [degree](https://www.calcoast.edu/online-degree-programs/) program and cannot enroll into a single course. We urge you to [Explore All Programs](https://www.calcoast.edu/online-degree-programs/) to find a certificate or degree program best suited to your needs.

##### 2. How long is each course?

All of our programs are self-paced. This means you can complete your coursework as quickly or as slowly as your schedule permits as long as you complete one course every six months to remain an active student in good standing.

##### 3. How is the course structured?

This course is structured into four units and a final exam. Each unit has a required essay and an open book multiple-choice exam.

##### 4. Do I need a textbook for this course?

Yes. Every course in the educational programs offered at California Coast University requires an assigned textbook. To assist students in managing the high costs of textbooks, CCU offers a [rental library](https://www.calcoast.edu/alumni-association-rental-library.html) for all required texts.  
Students can also obtain textbooks in their local areas or through online sources if they do not wish to utilize the University's rental library. There are many resources on the web for renting, purchasing, and selling textbooks. If you would like to purchase your textbooks, or are interested in exploring other delivery methods (digital or pdf versions), we have compiled a handy [Textbook Resource Page](https://www.calcoast.edu/textbook-resources.html) for students who wish to explore other options.

##### 5. Is this an accredited college course?

Yes. California Coast University is accredited by the [Distance Education Accrediting Commission (DEAC)](http://www.deac.org/). The Distance Education Accrediting Commission is listed by the U.S. Department of Education as a recognized accrediting agency.

##### 6. What should I do if I want more information about this course?

Please [contact us](https://www.calcoast.edu/contact-us.html). You can also download a [CCU Brochure](https://www.calcoast.edu/ccu-bulletin.html) or complete a [Request For Information Form Online](https://www.calcoast.edu/request-for-information-landing.html).