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Course#: 77
Category: Incentive Compensation
Field of Study: Management Advisory Services
Audience: HR Managers, HR Generalists
Level of Difficulty: Intermediate
Delivery Method: Self-Study
Prerequisites:
Some college level courses with moderate algebraic training
Advanced Preparation:
None
Overview:
In this course you’ll learn how to create a pay-for-performance system for your organization. This differs from a variable pay plan (covered in DLC Course 75), in that pay-for-performance bases pay increases on a performance appraisal, not quantifiable work output. Pay for performance is growing in popularity because it allows organizations to reward employees for goals key to organization success. This course will show you whether or not pay for performance is appropriate for your company and how to set up a pay-for-performance plan.
Learning Objectives:
- Determine whether or not pay for performance is suitable for your organization

- Create an open rate range and guide chart

- Select a performance appraisal method

- Administer a pay-for-performance program

- Use research software to determine performance pay
*The Course Credit Map displays credit types offered by location and corresponding lists of eligible courses.
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Course Price:
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Free!
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Exam Price:
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$49.00
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