Back to Managing Employee Compensation
University of Minnesota

Managing Employee Compensation

Whether you're writing paychecks or wondering where yours comes from, this course is for you! We begin by asking: "To succeed, what kind of a person does your organization need to attract, retain, and motivate?" From there, we'll explain how to align your organization's objectives, its pay philosophy, and ultimately the way it designs and implements its salary structure, short-term incentives, long-term incentives, and benefits. Interested in learning more about the technical aspects of compensation, but don't know where to begin? We'll give an overview of key the key technical skills: compliance with pay regulations, understanding stock options, shopping for health insurance and pension providers, and designing incentive plans. Lastly, we'll discuss non-monetary methods of motivating employees. Upon completing the course, you should be able to have an understanding of compensation both strategically and technically. Learners will also gain introductory familiarity with pay regulation in the US.

Status: Payroll Tax
Status: Employee Retention
Course16 hours

Featured reviews

MD

5.0Reviewed May 22, 2020

The course provides a holistic knowledge of every aspect of compensation and benefits. By doing this course, I got the necessary insights related to Total Rewards concept.

CS

5.0Reviewed Apr 23, 2019

This is a very useful course for any HR professional who wants to have an overview on Employee Compensation and Benefits. Thanks for detailed and thought- through lectures and the great opportunity.

PS

5.0Reviewed Jul 13, 2020

I Really liked this course. Everything is explained clearly, there is clarity in subject knowledge. I love Mike Davis's way of teaching.Looking forward for more classes.

SY

5.0Reviewed Aug 6, 2020

I found the course very useful and informative! Huge thank you to both the professors for making it so engaging and very easy to understand! Thank you so much, Coursera! I highly recommend this!

MM

5.0Reviewed Jul 15, 2019

I'm impressed with content of course and teachers, they made it so simple to understand everything. Knowledge I gained through course is going to be great for my future endeavor.

SM

4.0Reviewed Sep 28, 2022

O​verall this is a great course! The only negative point is there is a whole section on US legislation, which for International Students is not very useful. Other than that, I recommend it 100%.

MS

5.0Reviewed Jun 16, 2019

Is a great course, you can accquiere a complete visión of managing compensation and can be a base to improve your knowledge in your job and have and idea to keep learning in other topics related.

AS

4.0Reviewed Aug 11, 2021

This course is short, relevant and precise. It provides enough fundamentals for a person to decide whether they should go for this HR sub-domain of compensation or not.

PV

5.0Reviewed Apr 10, 2017

This course has helped me to understand various aspects of compensation management it is a very great course and it provides very good insights about the topics related to compensation.

TW

4.0Reviewed Dec 9, 2020

Very informative but at times a little difficult to follow. Some quiz questions asked of content that was not clearly stressed in videos or at times not found in the review of the videos.

SS

4.0Reviewed Jul 22, 2021

The main instructor in this module was very dull. He needs better slides and to stop jut reading from them. The second instructor was top notch which is why I gave this course 4 stars.

MH

4.0Reviewed Jun 18, 2020

Learned so many basic yet effective things like long-short term incentives, base pay, compensation, fair payment policy, financial or nonfinancial benefits, bonus etc.

All reviews

Showing: 20 of 463

Tosin Adeyemi
2.0
Reviewed Dec 12, 2019
Ashmita R
5.0
Reviewed Sep 14, 2019
Maria Faraj
1.0
Reviewed Feb 1, 2018
Scott Coates
3.0
Reviewed Apr 4, 2019
SHERY T ABRAHAM
1.0
Reviewed Feb 3, 2017
Vasanth Immanuel
5.0
Reviewed Mar 31, 2019
Denyse M-Charles
3.0
Reviewed Jun 6, 2020
Anubhavi Kongadi
5.0
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Sana Azeem
4.0
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5.0
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Juliette Zenteno
5.0
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C. S.
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Kessler Ardon
4.0
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1.0
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Tina
1.0
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CARME BRIONES GOMEZ
1.0
Reviewed Feb 14, 2020