إدارة الأداء والتعويضات
# | Course Name | Credit Hrs | Prerequisite |
---|---|---|---|
HRM 625 | Compensation and Performance Management | 3 | None |
Brief Description
This course allows students to understand the key concepts and processes of reward management, which includes job analysis, job evaluation and compensation structure design. Students will learn basic data management skills and recognize the factors that determine the pay levels and benefits of employees in the labor market. The course also covers topics related to international compensation management, as well as the strategic perspective of compensation management.
Course Objectives
After completing this course, the student will be able to:
- Clarify the key concepts and process of reward management, which includes job analysis, job evaluation and compensation structure design.
- Illustrate different manners to strengthen performance related-pay.
- Choose the process of designing pay structure.
- Identify legally required employee benefits.
- Select the best strategies of compensation management.
- Develop awareness of how compensation management varies in an international context.
Course Topics
- Introduction to compensation management
- Theories related to compensation management
- Job analysis
- Job evaluation
- Performance appraisal
- Performance-related pay
- Person-based compensation; Skill-based pay; Competency-based pay
- Wage differentials
- Wage fixation
- Pay design and pay structure
- Executive compensation
- International compensation management
- Approaches to compensation management in an international context
- Compensation management: Strategic perspective
- Developing compensation strategy
Text Book
Mousumu S. B., and Nilanjan, S. Compensation Management, 1st edition. Excel Books, New Delhi, 2009.
Additional References
• Shields et al. Managing employee performance and reward: concepts, practices, strategies, 2nd edition. Cambridge University Press, New York, 2016.
• Dewaker, G. Performance Appraisal and Compensation Management: A Modern Approach, 2nd edition. PHI, 2012.
• Muhammad, A. R. M, Arif, N. B. and Jin, N. C. Rewards and employee creative performance: Moderating effects of creative self‐efficacy, reward importance, and locus of control. Journal of Organizational Behavior, 36(1), 2014.