Compensation Strategy

Compensation Strategy is a critical aspect of Human Resources and business management, focusing on establishing and maintaining a company's pay system. Coursera's Compensation Strategy catalogue provides a comprehensive understanding of how to design and administer a compensation system that attracts, motivates, and retains top talent. You'll learn about various components of employee compensation, including salary, benefits, and bonuses, as well as legal considerations and industry best practices. Dive into pay structures, salary benchmarking, pay-for-performance programs, and the strategic role of compensation in an organization's success. By mastering this skill, you can help shape fair and competitive compensation packages that drive employee satisfaction and business performance.