Course Description: This course is designed to provide the knowledge, skills and abilities required to be a practicing professional in the field. Most of the class time is devoted to acquiring a working knowledge of compensation theory and the variety of methods organizations use to compensate their employees. Research and speaking assignments are provided to give the student the necessary skills and confidence to be proficient in developing effective pay and benefit policies within their respective organizations. The constant focus of every human resource practitioner is how to effectively attract, retain, and motivate the organization's human resources, while conserving the organization's capital resources. Students will gain an understanding of the full range of methods used by organizations to compensate their employees. They will also know what resources are available to them for the further research of pay and benefits.