This course will give you a solid, fundamental understanding of the field of compensation and serve as a primary resource as you implement new programs or improve existing ones.

Learn how to:

• Determine and maintain pay levels that will attract, retain, and motivate
• Develop compensation policy guidelines that reflect the company's values and culture
• Meet the seven basic objectives when implementing an effective compensation plan
• Integrate performance, productivity and business results into the compensation process
• Adjust compensation plans to address a company's changing needs

Course Objective:

Gain information and skills needed to implement new or improve existing compensation programs.

About This Course:

As one course among many offered in the American Management Association's curriculum, Compensation: How to Develop Effective Reward Programs has been designed specifically for the practicing manager and the future manager. It provides private, self-paced, individualized study; learning and self evaluation through in-text exercises.

William T. ("Tim") Haigh is managing director of W.T. Haigh & Company, Inc., a human resources consulting firm, which he founded in 1985. Specializing in executive compensation, the company provides services in total compensation strategy, reward system design, performance management, and communications. Prior to starting his own firm, Haigh worked as director of Worldwide Compensation and Benefits at General Foods and as a consultant for Citibank and Sibson & Company. He was formerly chairman of the board of the American Compensation Association and currently is a course leader for its executive compensation certification courses. Haigh frequently teaches and leads executive compensation seminars and has authored several publications,
including a book entitled Out performers , which was published by AMACOM. He graduated from the University of North Carolina at Chapel Hill. The author wishes to acknowledge Suzanne Bodner, Jane Oleski, and Douglas P. Roeser for their commitment and dedication to the success of this project.

The publisher wishes to thank John W. Beveridge, CISA, CFE, Ipswich, Massachusetts, and Jack Dolmat-Connell, president and managing director, Solutions at Work, Princeton, Massachusetts, for their help in reviewing the manuscript of this course.

© 2010 e.approach, Inc. - Privacy Policy