BUS 217 - Compensation & Benefits

Institution:

Delaware County Community College

Subject:

Business

Description:

This course is an introduction to compensation and benefits issues in today's organizations. It is a practical approach to the systems, methods and procedures to establish and manage an organizational compensation program. The course will provide students with the concepts, principles and theories used in the design and implementation of compensation systems in all types of organizations. Compensation and benefits systems will be discussed as a means to improve recruitment, motivation, and employment retention. Upon successful completion of this course, students should be able to: Explain the different compensation philosophies used in organizations; Discuss the legal issues involved in compensation and benefits administration; Outline the process used in building a compensation system; Explain the job evaluation process and discuss the methods used in performing a job evaluation; Discuss methods of conducting and analyzing market pay surveys; Explain the importance of health-care and retirement benefits; Discuss benefits communications and flexible benefits considerations in benefits administration.

Credits:

3.00

Credit Hours:

Prerequisites:

(ENG 050 and REA 050) or ENG 099* or REA 075 or Appropriate Placement Test Scores (*Course(s) May Be Taken Concurrently)

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.dccc.edu

Phone Number:

(610) 359-5000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

The Course Profile information is provided and updated by third parties including the respective institutions. While the institutions are able to update their information at any time, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.