EMPLOYEE COMPENSATION

 

 

Course Description

This two week course is designed to assist practice managers and administrators create an employee compensation policy. After completion of this course, the student will understand the scope of compensation including base wage, incentives and benefits. Students will also learn how to determine pay scales for each job description as well as fair compensation policies.

 

Learning Objectives

  • Understand compensation terminology
  • Determine the types of employment in their practice
  • Create a fair wage/salary policy for each job description
  • Determine how and for what reasons employees will be compensated
  • Understand how to avoid employee debt to the practice
  • Understand the government guidelines for garnishing employee wages

 

Course Content

  1. Chapter One - Understanding Compensation Terminology
    1. Compensation
    2. Base Wage/Salary
    3. Incentives
    4. Benefits
    5. Commission
  2. Chapter Two - Types of Employees
    1. Exempt Employees
    2. Non-Exempt Employees
    3. Independent Contractors
  3. Chapter Three - Pay Requirements
    1. Minimum Wage
    2. Equal Pay for Equal Work
    3. Compensatory Time
    4. Time Off
    5. Work Hours
    6. Travel Time
    7. On-Call Periods
    8. Sleep Time
    9. Continuing Education/Seminars
    10. Meals/Rest Breaks
    11. Payroll Withholding
    12. Meals, Housing and Transportation
  4. Chapter Four - Debts Owed to an Employer
    1. Debts Owed to an Employer
  5. Chapter Five - Debts & Wage Garnishment
    1. Debts & Wage Garnishment
  6. Assignments
    1. Examination

       

      Required Materials

      No additional materials required - all course content is online.

       

      Testimonials

      ... I thought this class was well planned and the assignments were challenging and made you think

      ... I found the example of creating a wage scale very beneficial and something easily applied to my hospital. I also found that the discussions between course participants very informative and interesting.

      ... The example of determining wage compensation scales.

       

      Student Login Requirements

      VetMedTeam courses are asynchronous - they do not contain real time components. Students log in while a course is in session at times convenient to personal schedules.

       

      Course Completion Requirements

      • Participation in instructor lead topics for each of the units
      • Grade of 80 % or better on the final exam
      • Submission of the course survey

       

      Recommended Student Criteria

      This course is appropriate for any member of the practice team seeking knowledge in this area of human resources.

       

      Continuing Education Credits

      This course is applicable for 5 CE credits toward the continuing education requirement for the Certified Veterinary Practice Manager program offered by the Veterinary Hospital Managers Association (VHMA).

       

      Course Writer


      The Brakke Consulting Team.

       

      Upcoming Sessions

       

      Pricing

      Price: $88.00 USD


      Students may enroll in this course after it has begun, up to the enrollment deadline date. Participants who enroll after the start date do not miss out on any components of the course. There are no real time sessions. The design of this course allows each student to proceed based on individual schedule, as long as all assignments are submitted by the assignment submission deadline.

       

      In addition, you many use your MERIAL® Rewards Visa® Prepaid Card to pay for courses. If you are not enrolled in the MERIAL Rewards program, ask your Merial Sales Representative or call 1-800-307-7000. If you do not have enough points and wish to supplement your payment with another card, please write to CE@VetMedTeam.com.