Managing Performance and Rewards
PostgraduateGRF-EHR7052019
Course information for 2019 intake View information for 2025 course intake
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.
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- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- -
- Loan available
- FEE-HELP available
Managing Performance and Rewards
About this subject
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.
- 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
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.
- Case Study (40%)
- Case Study 2 (40%)
- Case Study 3 (20%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
To enrol in this subject, you must be admitted into a degree.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.