Employment Compensation & Benefits
Issued by
Community College of Vermont
Earners of this badge are able to examine and design strategic compensation and benefits structures that meet organizational goals and increase efficacy through employee recruitment, engagement, and retention.
- Type Validation
- Level Foundational
- Time Weeks
- Cost Paid
Earning Criteria
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Complete readings and discussions in 11 modules. Topics include types of workers, legal implications of employees vs. independent contractors, calculating total cost of workforce, job analysis, job description, job evaluation, compensation analysis, internal & external pay equity, mandatory benefits, voluntary benefits & work perks, factors affecting employee recruitment & retention, demographic & industry changes impacting workforce, and national & state compensation laws.
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Apply knowledge and concepts of employment compensation and benefits through a series of quizzes and assignments.
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Develop a set of compensation packages for varied employees in an organization that includes salary/wages, mandatory benefits, voluntary benefits, and work perks.