The course introduces students to pay and reward management issues. It provides a definitive overview of the reward process detailing the key role that compensation plays in communicating values, promoting flexibility and maximizing individual contributions to organizational objectives. This course examines the theories, practices and debates in contemporary reward and compensation systems management, with special reference to the trends advocating a move away from 'traditional' pay-for-position to performance-related remuneration at individual, work group and organisational levels.
Learning outcomes and objectivesBy the end of this course, the student should be able to know:
