Managing Performance and Rewards
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To enrol in this unit, you must be accepted into a course from the provider.
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Level of study: What does Postgraduate mean?
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This unit covers two important and challenging facets of managing people: performance and rewards management. The unit critically examines current theory and practice in each field, analyses the myriad performance and reward issues that confront today's managers and ER/HRM professionals and addresses practical solutions to those issues. The unit draws on a wide range of up-to-date research evidence drawn from a number of academic disciplines - from organisational psychology and strategic management to critical management studies. The unit takes a pluralist, multi-stakeholder perspective to the tasks of managing performance and rewards both strategically and fairly.
At the completion of this unit students will be able to:
- demonstrate the ability to analyse jobs and construct classification structures using job families
- demonstrate an understanding of of skills and capabilities
- distinguish between merit-based pay and performance-based pay
- understand the key concepts underlying performance management
- demonstrate the ability to construct renumeration structures based on worker skills and capabilities
- understand the links between organisational strategy and compensation practices
- understand the social context of compensation practices.
This unit addresses the following topics.
|1||Compensation in a market economy|
|2||Basic reward concepts|
|3||Compensation and motivation|
|4||Paying the job - job analysis|
|5||Paying the job - job evaluation|
|6||Paying the person|
|9||Developing a compensation policy within organisational strategy|
|10||Getting the mix right|
|11||External considerations and the social context|
This unit is delivered using the following methods and materials:
- Audio/Video conferencing
- Chat rooms
- Discussion Forum/Discussion Board
- Online assignment submission
- Podcasting/Lecture capture
- Standard Media
- Web links
Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.
Click on the titles of the listed books below to find out more:
This unit is a core requirement in the following courses:
- Master of Employment Relations, Griffith University
- Graduate Certificate in Human Resource Management, Griffith University
This unit may be eligible for credit towards other courses:
- Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
- In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Unibooks textbook list.
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