Total Rewards

Online

Total Rewards is the overall compensation package an employer offers to employees in return for their contributions to the organization. It includes cash compensation of base pay and may have additional components such as company equity, incentive or variable pay such as bonuses and commissions; health and welfare benefits, retirement, perquisites, paid time off and fringe benefits.

In this class students will examine total rewards systems. Students will learn how to develop and evaluate employee compensation systems that meet the needs of the employees and align with the business strategy. Emphasis is given to understanding strategic compensation as a component of a human resource system, developing pay programs (i.e. base pay, incentive pay, merit pay vs. seniority), designing compensation structures (utilizing job analysis, building a compensation philosophy and leveraging survey benchmarking), understanding incentive plans, an overview of discretionary vs. legally required benefits, and contemporary compensation challenges.

This course covers the fundamentals and strategic management of employee benefits including core health and ancillary benefits such as life, dental, vision, employee assistance, disability and medical insurance plans. Primary topics include the changes to group healthcare necessitated by the Patient Protection and Affordable Care Act, Health Insurance Portability and Accountability Act of 1996 (HIPAA), and Employee Retirement Income Security Act of 1974 (ERISA) requirements, mandated benefits, and the regulatory and tax treatment of benefit programs.

The class also addresses wellness programs, methods for funding employee benefits, consumer-driven healthcare, contribution strategies, and the overall best practices for human resources to evaluate in managing benefits and the cost containment of benefit programs.

  • Examine the history and evolution of employee benefits in a changing economy and evaluate the laws that govern employee benefits.
  • Evaluate how effective benefit plans impact recruiting and retention of good employees, and analyze key factors that influence benefit choices.
  • Examine and assess employee total rewards systems.
  • Formulate a combination of specific components to make a comprehensive employee benefit program, including retirement plans, healthcare products, life and disability plans, family centered benefits, cost share modeling and explore best practices for benefit program administration.
  • Develop, implement or enhance an employee compensation system to meet strategic business requirements and the needs of the unique workforce.
  • Evaluate the costs of a compensation system, perform a competitive market analysis, develop a pay program (both base pay and incentive pay) that aligns with the organization's culture and ensure the pay program is legally compliant.
Academic Units
3
Section Number
212HRM272
Instruction Method
Online class

Section Notes

**PLEASE NOTE: THESE DATES ARE TENTATIVE UNTIL OTHERWISE NOTED**

This course will be held via REMOTE Classroom over Zoom on Tuesday evenings at 6pm for 10 weeks. This course will begin October 05, 2021 and end December 07, 20201.

Remote Classroom will be facilitated through Zoom.  Please check your computer readiness for Zoom by conducting a Test Meeting at https://zoom.us/test.  A strong internet connection and head phones with microphone are required.

Enrollment Policies

View complete enrollment policy information including details on withdrawals, refunds, and transfers.

Drop requests (withdraw with a refund) will be approved, less a $30 processing fee, if the request is received before the second meeting of the course. Click here or visit https://cpe.ucdavis.edu/student-services/withdrawals-refunds-and-transfers to view complete enrollment policy information including details on withdrawals and transfers.

Technical Requirements

This is a "Remote Classroom" format course- all instruction occurs face-to-face via Zoom online classroom. Technology is used to facilitate online activities, assess students (assignments, exams, etc.), or deliver content. You will receive an email on the course start date with information on how to log into the online class portal. If you have not received your login information in the time frame indicated, please visit: our website for additional information on how to obtain access to your course. Students must have a computer with access to the internet and an email account in order to complete this course. Also, students must test their computer's ability to use Zoom PRIOR to the first class at https://zoom.us/test To ensure your success in this online course, please review our technical requirements.

Section Course Materials

Strategic Compensation, A Human Resource Management Approach

ISBN
ISBN-13: 9780134320540
Mandatory
9th Edition with Lightbulb on Cover: ISBN-13: 9780134321080 Loose-Leaf ISBN-13: 9780134320540 Hardcover Or USED copy Do NOT get the "MyLab" version.

Discounts

Group Discount

Groups of three or more, enrolled at the same time with a single payment method may receive a 10% discount on each enrollment.  Contact UC Davis Continuing and Professional Education Student Services office to enroll your group: (530) 757-8777.

SHRM

Members can receive 10% discount on the course fee by entering the Coupon Code.  If you don’t have your association discount code, contact UC Davis Continuing and Professional Education Student Services at (800) 752-0881.

SAHRA

Members can receive 10% discount on the course fee by entering the Coupon Code.  If you don’t have your association discount code, contact UC Davis Continuing and Professional Education Student Services at (800) 752-0881.

Early Enroll Discount

Enroll 14 days before the course start date to save $50 on the course fee.

Info Session Discount

Attendees of UC Davis Continuing and Professional Education Information Sessions may be eligible for $100 discount on a class by entering the Coupon Code provided at the Information Session.  Contact UC Davis Continuing and Professional Education Student Services office, at (800) 752-0881, if you have questions about this discount.

CAAA Member Discount

Current members of the Cal Aggie Alumni Association and other UC alumni associations receive $50 off the course fee. If you don't have your association discount code contact UC Davis Continuing and Professional Education Student Services at (800) 752-0881.

Capitol Corridor Rider

Capitol Corridor riders are eligible for a one-time $100 discount on a UC Davis Continuing and Professional Education course (some exceptions apply). The Discount Code is available on the UC Davis Continuing and Professional Education course page on the Capitol Corridor’s onboard Wifi system.