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MG477      Half Unit
Strategic Reward: Key Models and Practices

This information is for the 2021/22 session.

Teacher responsible

Dr Rebecca Campbell NAB 4.27

Availability

This course is available on the CEMS Exchange, Global MSc in Management, Global MSc in Management (CEMS MiM), Global MSc in Management (MBA Exchange), MBA Exchange, MSc in Human Resources and Organisations (Human Resource Management/CIPD), MSc in Human Resources and Organisations (International Employment Relations and Human Resource Management) and MSc in Human Resources and Organisations (Organisational Behaviour). This course is available with permission as an outside option to students on other programmes where regulations permit.

Course content

The course will provide an analysis of the types of reward systems commonly used in private and public sector organisations, drawing on economic, psychological and sociological principles, covering all-employee reward, senior executive reward, fixed pay, short-term incentives, long-term incentives, benefits and pensions.

Teaching

15 hours of lectures and 15 hours of seminars in the LT.

Students are expected to prepare for, and contribute to, the seminars. Seminars will include group work, preparing and giving presentations, case analyses, small group discussions, and self-assessment exercises. Students on this course will have a reading week in Week 6, in line with departmental policy.

Formative coursework

Students will receive individual or group feedback in class on case study analysis. In addition, regular informal quizzes will be conducted covering the readings or lecture material of the current week to support learners to consolidate their understanding of the main issues in the topic, to encourage questions, and to provide clarification.

Indicative reading

Course text books

 

Jones, E., and Perkins, S. (2020) Reward Management, Alternatives, Consequences and Contexts. CIPD, London (earlier editions are acceptable); White, G and Druker, J (2008) Reward Management – a Critical Text. Second edition. Routledge..

 

General reading

Gerhardt, B and Rynes, S (2000) Compensation in Organizations, Current Research and Practice. San Francisco, Jossey Bass. 

Gomez-Mejia, L., Berrone, P., & Franco-Santos,M. (2010) Compensation and Organizational Performance – Theory, research and Practice. M.E. Sharpe

Hallock, K. (2012) Pay – Why People Earn What They Earn (and What You Can Do Now to Make More). Cambridge University Press. 

Pepper, A. (2015) The Economic Psychology of Incentives. Palgrave Macmillan..

Pepper, S. (2006) Senior Executive Reward – Key Models and Practices. Gower Publishing. 

Trevor, J. (2011) Can Pay Be Strategic? Palgrave Macmillan.

Assessment

Case analysis (25%) in the LT Week 9.
Case analysis (75%) in the ST Week 1.

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Important information in response to COVID-19

Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Management

Total students 2020/21: 67

Average class size 2020/21: 19

Controlled access 2020/21: Yes

Value: Half Unit

Personal development skills

  • Application of numeracy skills
  • Commercial awareness