HRMT70002
Compensation and Benefits
Sheridan
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version
 

Land Acknowledgement

Sheridan College resides on land that has been, and still is, the traditional territory of several Indigenous nations, including the Anishinaabe, the Haudenosaunee Confederacy, the Wendat, and the Mississaugas of the Credit First Nation. We recognize this territory is covered by the Dish with One Spoon treaty and the Two Row Wampum treaty, which emphasize the importance of joint stewardship, peace, and respectful relationships.

As an institution of higher learning Sheridan embraces the critical role that education must play in facilitating real transformational change. We continue our collective efforts to recognize Canada's colonial history and to take steps to meaningful Truth and Reconciliation.


Section I: Administrative Information
  Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Winter 2022
Prerequisites: (HRMT70006 HRMT70015)
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: HRMT70006 or another post-secondary level HR fundamentals course.

Program(s): Certified Payroll Manager, Health & Safety Risk Mgmt, Human Resource - Certified Hum, Human Resource -Certified Hum, Human Resource Management, Occupational Health and Safety
Program Coordinator(s): Bruce Goldie
Course Leader or Contact: N/A
Version: 20220110_00
Status: Approved (APPR)

Section I Notes: Access to course materials and assignments will be available on Sheridan's Learning and Teaching Environment (SLATE). Students will need reliable access to a computer and the internet.

 
 
Section II: Course Details

Detailed Description
Students acquire the fundamental knowledge and skills to effectively design and implement compensation and benefits programs covering employees. Prerequisite(s): A post-secondary level Human Resource Administration and Organizational Behaviour course.

Program Context

 
Certified Payroll Manager Program Coordinator(s): N/A
N/A

Health & Safety Risk Mgmt Program Coordinator(s): N/A
N/A

Human Resource - Certified Hum Program Coordinator(s): Bruce Goldie
N/A

Human Resource -Certified Hum Program Coordinator(s): N/A
N/A

Human Resource Management Program Coordinator(s): Bruce Goldie
This is a compulsory course in the Continuing Education Human Resources Management Certificate program. HRPA has approved this course as equivalent to the Compensation requirement in the CHRM program.

Occupational Health and Safety Program Coordinator(s): N/A
N/A


Course Critical Performance and Learning Outcomes

  Critical Performance:
By the end of the course, students will be able to identify compensation and benefit design strategies and methods and apply them to the design of a total reward system.
 
Learning Outcomes:

To achieve the critical performance, students will have demonstrated the ability to:

  1. Describe the dynamic environment in which compensation systems are developed.
  2. Explain the theories regarding employee behavior and motivation and be able to categorize them.
  3. Prepare a job evaluation system and apply job evaluation to a scenario.
  4. Apply the basics of pay equity and employment equity compliance processes using a scenario.
  5. Design a base pay structure from given data.
  6. Describe the various terms associated with pay policy including regression, r squared, compa-ratio, intergrade differentials, compensating differential, red-circling, green- circling, pay range and pay philosophy.
  7. Define the various categories of incentive-based reward plans including piece work, commissions, group plans, short-term vs. long-term plans.
  8. Define the components of group benefits and describe their prevalence in the marketplace.
  9. Calculate benefits under various retirement arrangements (RRSP, defined benefit pension, etc.).
  10. Identify the strengths and weaknesses of a performance appraisal instrument.
  11. Discuss the various influences on changing compensation.
  12. Distribute compensation using various methodologies.

Evaluation Plan
Students demonstrate their learning in the following ways:

 Evaluation Plan: ONLINE
 6 Online Quizzes30.0%
 Simulation20.0%
 Group Assignment20.0%
 Final Exam*30.0%
Total100.0%

Evaluation Notes and Academic Missed Work Procedure:
The final exam will be administered online. TEST AND ASSIGNMENT PROTOCOL The following protocol applies to every course offered by Continuing and Professional Studies. 1. Students are responsible for staying abreast of test dates and times, as well as due dates and any special instructions for submitting assignments and projects as supplied to the class by the instructor. 2. Students must write all tests at the specified date and time. Missed tests, in-class/online activities, assignments and presentations are awarded a mark of zero. The penalty for late submission of written assignments is a loss of 10% per day for up to five business days (excluding Sundays and statutory holidays), after which, a grade of zero is assigned. Business days include any day that the college is open for business, whether the student has scheduled classes that day or not. An extension or make-up opportunity may be approved by the instructor at his or her discretion.



Evaluation Plan: IN-CLASS
 Quiz4.0%
 Exercises6.0%
 Group Assignment30.0%
 Mid Term Exam30.0%
 Final test (comprehensive)30.0%
Total100.0%

Evaluation Notes and Academic Missed Work Procedure:
TEST AND ASSIGNMENT PROTOCOL The following protocol applies to every course offered by Continuing and Professional Studies. 1. Students are responsible for staying abreast of test dates and times, as well as due dates and any special instructions for submitting assignments and projects as supplied to the class by the instructor. 2. Students must write all tests at the specified date and time. Missed tests, in-class/online activities, assignments and presentations are awarded a mark of zero. The penalty for late submission of written assignments is a loss of 10% per day for up to five business days (excluding Sundays and statutory holidays), after which, a grade of zero is assigned. Business days include any day that the college is open for business, whether the student has scheduled classes that day or not. An extension or make-up opportunity may be approved by the instructor at his or her discretion.

Provincial Context
The course meets the following Ministry of Colleges and Universities requirements:


 

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar
Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous relevant work/life experience, service, self-study and training on the job. This course is eligible for challenge through the following method(s):

  • Challenge Exam
    Notes:  

 
 
Section III: Topical Outline
Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Print Instruction Mode Professor Applicable Student Group(s)
In-Class Multiple Professors In Class - Continuing Education Students
Online Multiple Professors Online Topical for Continuing Education Students

Sheridan Policies

It is recommended that students read the following policies in relation to course outlines:

  • Academic Integrity
  • Copyright
  • Intellectual Property
  • Respectful Behaviour
  • Accessible Learning
All Sheridan policies can be viewed on the Sheridan policy website.

Appropriate use of generative Artificial Intelligence tools: In alignment with Sheridan's Academic Integrity Policy, students should consult with their professors and/or refer to evaluation instructions regarding the appropriate use, or prohibition, of generative Artificial Intelligence (AI) tools for coursework. Turnitin AI detection software may be used by faculty members to screen assignment submissions or exams for unauthorized use of artificial intelligence.

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.


[ Printable Version ]

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