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changes and employment. This course will cover determination of minimum wages,
relationship of wages to productivity, inflation, and unemployment in the economy.
It
will also include introduction to pay systems, including job evaluation, pay surveys,
performance appraisals, and benefits. The main objective include the development
of a
working knowledge of compensation theory, research, and practice and the
acquisition of
some of the technical skills needed to design and manage a compensation system.
(Prerequisite: MGT 201, ECN 201)