Postgraduate GRF-EHR705-2019

Managing Performance and Rewards

Encounter the stakeholders, challenges and factors that influence performance and rewards management.Compare approaches to merit-based and results-based rewards programs. See how compensation practices are tethered to organisational strategies.

Duration

13 weeks

Student rating

3.6

Available loans

FEE-HELP

Assessments

100% online

Prior study

Not required

Study terms

24 Feb 2020

With a network of campuses across Brisbane and the Gold Coast, Griffith University is committed to progressive multidisciplinary teaching and research and a valuable online provider with Open Universities Australia. Already attracting students from more than 122 countries, Griffith's dedication to academic excellence is available across Australia through OUA.

University ranking

2019
2020

Subject details

What you'll learn

At the completion of this subject 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 remuneration structures based on worker skills and capabilities
understand the links between organisational strategy and compensation practices
understand the social context of compensation practices.

Topics covered

- Compensation in a market economy
- Basic reward concepts
- Compensation and motivation
- Paying the job - job analysis
- Paying the job - job evaluation
- Paying the person
- Merit-based rewards
- Results-based rewards
- Developing a compensation policy within organisational strategy
- Getting the mix right
- External considerations and the social context
- Special groups
Study resources
- Instructional methods
  - Audio/Video conferencing
  - Chat Rooms
  - Discussion forum/Discussion Board
  - Online assignment submission
  - Podcasting/Lecture capture
  - Standard Media
  - Web links

Entry requirements

In order to enrol in this subject, you must be accepted into one of the following degrees:

Core

GRF-HRM-GCE-2019

Elective

GRF-EMP-MAS-2019
OUA-PSU-GCE-2019
UNE-PRO-GCE-2019

Special requirements

No special requirements

Description

This subject was previously known as IRL150.

This subject covers two important and challenging facets of managing people: performance and rewards management. The subject 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 subject 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 subject takes a pluralist, multi-stakeholder perspective to the tasks of managing performance and rewards both strategically and fairly.

Assessments

Case Study (40%)
Case Study 2 (40%)
Case Study 3 (20%)

Textbooks

Current study term (23 Feb 20 to 22 May 20)

Textbook information is pending.

Related degrees

postgraduate GRF-HRM-GCE-2019

Graduate Certificate in Human Resource Management

postgraduate GRF-EMP-MAS-2019

Master of Employment Relations

2 available majors

Standard Program
Program with Advanced Standing

postgraduate OUA-PSU-GCE-2019

Postgraduate Single Subjects

postgraduate UNE-PRO-GCE-2019

Graduate Certificate in Professional Practice