School of Management, Unit Catalogue 2009/10 |
MN30446: Strategic reward systems |
 Credits:
| 6 |
| Level:
| Honours |
| Period: | Semester 2 |
| Assessment:
| CW 30%, EX 70% |
| Supplementary Assessment: | Like-for-like reassessment (where allowed by programme regulations) |
| Requisites:
| Before taking this unit you must take MN10006 or take MN10070 or take EC10006 |
| Description: | Aims: The course will enable the student to provide informed advice on the major aspects of pay, rewards and performance management, based on a sound understanding of relevant theories and research evidence. Learning Outcomes: On completing this unit students will be able to: * Display an understanding of key reward concepts; * Evaluate the alignment of a reward system with strategic objectives. Skills: * The ability to analyse the fit between reward systems and company strategies; T/F/A * A critical awareness of current issues surrounding reward systems; T/A * The ability to acquire and analyse data, information and situations; to evaluate relevance and validity, and to synthesise it in the context of topical business problems; T/A * Facility to apply subject-specific knowledge into a range of situations T/A Content: The role of reward strategy in an organisation is considered through the lens of appropriate academic theories. The use of pay systems to influence the behaviour of managerial and non-managerial employees. The appropriate use of different types of pay and benefits. The pay of top executives. Institutional complementarities between reward systems and other institutions. |