436. COMPENSATION AND BENEFITS ADMINISTRATION (3). Design and implementation of organizational compensation systems. Integration of internal equity and external market considerations in wage systems through use of job evaluations and market surveys. Compensation as a means of effective recruitment, motivation, and retention of employees. Benefits program design, cost containment, and program management. Performance appraisal processes and implementation of merit systems. Statutes affecting compensation practices (e.g. minimum wage laws, unemployment compensation, worker's compensation). PRQ: MGMT 355.