REMUNERATION AND PERFORMANCE MANAGEMENT

MGT3RPM

2016

Credit points: 15

Subject outline

This subject examines contemporary remuneration and performance management practices from theoretical and applied perspectives. It focuses on debates about moves away from 'traditional' position-based pay towards performance-related remuneration. Students are encouraged to consider the relationships between reward systems and employee participation and their impacts on organisational performance at individual and group levels. This subject builds on research as well as real-life examples to explore issues in pay, performance management, motivation, strategy, fairness and organisational effectiveness. The subject provides students with the critical and analytical tools to evaluate the merits of diverse performance and reward management systems in modern business organisations.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorGeraldine Kennett

Available to Study Abroad StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites MGT2HRM OR MGT2EMP OR MGT3HPW

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsManaging Employee Performance and RewardPrescribedShields, 2016Cambridge University Press

Graduate capabilities & intended learning outcomes

01. Identify and describe the range of performance management methods available to contemporary human resource practitioners, and make informed choices about the most suitable methods, based on strategic and ethical considerations

Activities:
Assessments: Class contribution, examination T&L activities: case studies, experiential exercises, problem-based learning and comprehension exercises
Related graduate capabilities and elements:
Writing (Writing)
Inquiry/ Research (Inquiry/ Research)
Critical Thinking (Critical Thinking)
Creative Problem-solving (Creative Problem-solving)
Teamwork (Teamwork)
Information Literacy (Information Literacy)

02. Describe the range of financial and non-financial rewards available in work organisations and outline strategic and ethical approaches to the three main components of employee remuneration (base pay, variable pay and benefits)

Activities:
Assessments: case study and examination T&L activities: case studies, experiential exercises, problem-based learning and comprehension exercises
Related graduate capabilities and elements:
Creative Problem-solving (Creative Problem-solving)
Critical Thinking (Critical Thinking)
Teamwork (Teamwork)
Inquiry/ Research (Inquiry/ Research)
Writing (Writing)

03. Describe the main types of performance-related pay (individual, group and organisational), and the advantages and disadvantages of each

Activities:
Assessments: case study and examination T&L activities: case studies, experiential exercises, problem-based learning and comprehension exercises
Related graduate capabilities and elements:
Creative Problem-solving (Creative Problem-solving)
Inquiry/ Research (Inquiry/ Research)
Teamwork (Teamwork)
Writing (Writing)
Critical Thinking (Critical Thinking)

04. Develop and integrated and effective performance and reward management system

Activities:
Assessments: case study and examination T&L activities: case studies, experiential exercises, problem-based learning and comprehension exercises
Related graduate capabilities and elements:
Writing (Writing)
Inquiry/ Research (Inquiry/ Research)
Creative Problem-solving (Creative Problem-solving)
Information Literacy (Information Literacy)

Subject options

Select to view your study options…

Start date between: and    Key dates

Melbourne, 2016, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGeraldine Kennett

Class requirements

Lecture Week: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 31 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Individual Essay (1500 words)Individual assessment20 01, 02
Final assessment (exam 2 hours)50 01, 02, 03
Major Individual project30 01, 03, 04

Shepparton, 2016, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGeraldine Kennett

Class requirements

Lecture Week: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 31 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Tutorials commence in week 2 of semester"

Assessments

Assessment elementComments% ILO*
Individual Essay (1500 words)Individual assessment20 01, 02
Final assessment (exam 2 hours)50 01, 02, 03
Major Individual project30 01, 03, 04

Sydney, 2016, Study Period 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGeraldine Kennett

Class requirements

Lecture Week: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Tutorial Week: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Individual Essay (1500 words)Individual assessment20 01, 02
Final assessment (exam 2 hours)50 01, 02, 03
Major Individual project30 01, 03, 04

Sydney, 2016, Study Period 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGeraldine Kennett

Class requirements

Lecture Week: 31 - 42
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

Tutorial Week: 31 - 42
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Individual Essay (1500 words)Individual assessment20 01, 02
Final assessment (exam 2 hours)50 01, 02, 03
Major Individual project30 01, 03, 04