we begin by asking: “to succeed, what kind of a person does your organization need to attract, retain, and motivate?” upon completing the course, you should be able to have an understanding of compensation both strategically and technically. the university of minnesota is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. this module covers pay compliance, the fair labor standards act, statutory benefits (like oasdi), and non-statutory benefits (like 401ks). at the end of this lesson you should be able to explain what a non-monetary reward is, describe different kinds of non-monetary rewards, and some ways to implement non-monetary rewards at your own company. this is a very useful course for any hr professional who wants to have an overview on employee compensation and benefits.
however, i would like to point out that since everyone undertaking this course is from the usa, it’s better to skip out on the portion about us law and compliance. this course gave me the overview on compensation and benefits i was looking for. to access graded assignments and to earn a certificate, you will need to purchase the certificate experience, during or after your audit. if you only want to read and view the course content, you can audit the course for free. if you subscribed, you get a 7-day free trial during which you can cancel at no penalty. you’ll be prompted to complete an application and will be notified if you are approved. you’ll need to complete this step for each course in the specialization, including the capstone project.
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