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Performance & Reward Management (MGMT90016)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Year of offer2017
Subject levelGraduate coursework
Subject codeMGMT90016
Campus
Parkville
Availability
Semester 2
FeesSubject EFTSL, Level, Discipline & Census Date

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

Generic skills

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: 16 August 2017