Marketing vs. Sales: What's the Difference?
November 22, 2024
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This course is part of Human Resource Management: HR for People Managers Specialization
Instructors: Alan Benson
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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.
This module covers designing a compensation strategy and translating that into a pay structure.
12 videos3 assignments4 discussion prompts
This module covers employee performance evaluations, raises and promotions, short-term incentives (like commissions), and long-term incentives (like stock options).
9 videos4 assignments3 discussion prompts
This module covers pay compliance, the Fair Labor Standards Act, statutory benefits (like OASDI), and non-statutory benefits (like 401ks).
12 videos4 assignments1 peer review2 discussion prompts
In this module you will learn about Non-Monetary Rewards. These are very important rewards and are different from monetary rewards. At the end of this lesson you should be able to explain what a non-monetary reward is, describe different kinds of non-monetary rewards, and some ways to implement non-monetary rewards at your own company. So get ready, get started, and go for it!
10 videos4 assignments
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
Instructor ratings
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
The University of Minnesota is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation’s most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.
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Automatic Data Processing, Inc. (ADP)
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Automatic Data Processing, Inc. (ADP)
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Automatic Data Processing, Inc. (ADP)
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Reviewed on Sep 12, 2019
It was a very rigorous course and well structured. However peer review should be optional because people do not really review and the whole fate of the course keeps hanging on someone else's will.
Reviewed on Jul 12, 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.
Reviewed on Jun 15, 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.
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