May 05, 2024  
2016-2017 Graduate Catalog 
    
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2016-2017 Graduate Catalog [ARCHIVED CATALOG]

OD 667 - Total Rewards & Risk Management (3)

The manner in which an organization manages rewards and risks has a significant impact on its ability to achieve its strategic goals and objectives. A carefully crafted compensation plan, offering an appropriate mix of direct and indirect compensation, is essential to maintaining a quality workforce. The careful and strategic management of organizational risk is equally as important. This course will focus on identifying and designing appropriate and effective compensation systems that serve to sustain a highly engaged workforce in full compliance with legal and ethical standards. Today’s HR professionals will be expected to, not only understand strategic compensation and risk issues as they relate to organizations, but take a leadership role in designing, revising, and implementing current and relevant compensation and risk strategies in a quickly changing employment and legal landscape.