THE CLAREMONT GRADUATE UNIVERSITY HRD 325 COMPENSATION and BENEFITS DESIGN COURSE OUTLINE Facilitator: Dennis Campos, MPA I Course Goals/Objectives The emphasis of this course is on the managerial level concepts and practices of compensation and benefits administration with emphasis on current theories of compensation and benefits trends, cost, value and systems. Insights from thought leaders will be explored to enrich the learning experience. Attention is given to (1) the changing nature of compensation and benefits, (2) changing expectations of employees and competitive needs of employers and (3) evolving trends in performance and pay realignment to the strategic objectives of the organization. The course provides each student with an experiential opportunity to develop the managerial skills necessary to design and understand the performance based compensation and benefit programs for an organization. II Methodology Class time is taken up with discussion, small group assignments and lecture that are punctuated with questions that will force the student to take a position and justify that position. III Textbooks Text #1 The WorldatWork Handbook of Compensation, Benefits & Total Rewards, World at Work, 2007. Text #2 Zingheim, Patricia K. And Schuster, Jay R., High Performance Pay, World at Work Press, 2007. IV Grading Policy Grade Composition: Mini Paper (5pages) Class Participation Final Paper (10 pages) Grade: A+ = A = A= B+ = B = B= C+ = C = C= V 20% 40% 40% 4.0 4.0 3.7 3.3 3.0 2.7 2.3 2.0 1.7 Schedule for Classes and Assigned Readings September 6 Introduction & Total Rewards Text #1 Chapter 1-Total Rewards: Everything Employees Value in the Employment Relationship Chapter 2-Why the Total Rewards Approach Works Chapter 3-Developing a Total Rewards Strategy Text #2 Introduction to Book Chapter 1-Winning the Battle for Superkeepers Chapter 2-Creating a Powerful Customized Workplace Rewards Brand Chapter 3-Fixing Performance Management: A Key Priority September 13 Building the Tools of Total Rewards Text #1 Chapter 4-Designing a Total Rewards Program Chapter 5-Communicating Total Rewards Chapter 6-Compensation Fundamentals Text #2 Chapter 7-Can Base Pay Reward Performance? Chapter 9- Competencies and Rewards Mini Paper Due Five page critique of an existing (real life) total rewards cash compensation only program using the information found in both texts and at least two periodical articles. September 20 Executive Compensation Text #1 Chapter 13-Executive Compensation: An Introduction Text #2 Chapter 13-Executive Compensation: Doing the ‘Heavy-Lifting’ September 27 Pay for Performance Text #1 Chapter 14-Linking Pay to Performance Text #2 Chapter 17-Pay Changes Going Forward October 4 Equity Compensation Text #1 Chapter 16-Equity Based Rewards October 11 Employee Benefits Introduction Text #1 Chapter 17-Employee Benefit Basics Chapter 18- Benefits Compliance October 18 Strategic Employee Benefits Text #1 Chapter 20-Planning Benefits Strategically Chapter 21-Implementing Flexible Benefits Handouts Benefits in the Future Final Papers Due Nine page critique of an existing (real life) total rewards non cash compensation only program using the information found in both text books and two periodical articles. Include a one page executive summary. Total ten pages.