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This subject focuses on the design and evaluation of performance and reward management systems for both managerial and non-managerial employees. In the first half of the semester we will examine a range of design and operational challenges with performance management systems and the second half of the semester we will examine reward systems, with a particular emphasis on performance pay plans and their implications for employees, managers, unions and organisations.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Understand the key features of a performance management system and the implications of system choices;
- Identify the key features of individual, group and organisational level reward systems and the relationships between each type of reward system;
- Explain relationships between individual performance and a variety of reward systems that seek to promote organisational performance; and
- Analyse and evaluate the effectiveness of the various approaches to pay and performance management
On successful completion of this subject, students should have improved the following generic skills
- Critical thinking, which should be fostered by the application of theories relevant to performance management systems and to contemporary organisational practice;
- Problem solving, which should be developed by assignments that will require students to apply principles discussed in lectures and readings to their own or hypothetical situations; and
- Oral and written communication, which should be developed in class discussion and in preparation of written assignments.
Last updated: 3 November 2022