MG477 Half Unit
Reward System: Key Models and Practices
This information is for the 2018/19 session.
Prof Alexander Pepper NAB4.37
This course is available on the CEMS Exchange, Global MSc in Management, Global MSc in Management (CEMS MiM), Global MSc in Management (MBA Exchange), MBA Exchange, MSc in Human Resources and Organisations (Human Resource Management/CIPD), MSc in Human Resources and Organisations (International Employment Relations and Human Resource Management) and MSc in Human Resources and Organisations (Organisational Behaviour). This course is available with permission as an outside option to students on other programmes where regulations permit.
The course will provide an analysis of the types of reward systems commonly used in private and public sector organisations, drawing on economic, psychological and sociological principles, covering all-employee reward, senior executive reward, fixed pay, short-term incentives, long-term incentives, benefits and pensions.
15 hours of lectures and 15 hours of seminars in the LT. 1 hour and 30 minutes of seminars in the ST.
Students are expected to prepare for, and contribute to, the seminars. Seminars will include group work, preparing and giving presentations, case analyses, small group discussions, and self-assessment exercises. Students on this course will have a reading week in Week 6, in line with departmental policy.
Students will be required to prepare a short paper (maximum 1500 words) during week 7 in connection with the material covered during that week and will receive feedback on their understanding of the issues.
Course text books
Perkins, S., and White, G (2008 | 2011). Employee Reward: Alternatives, Consequences and Contexts. CIPD, London. (1st 2nd or 3rd editions are all acceptable); White, G and Druker, J (2008) Reward Management – a Critical Text. Second edition. Routledge.
Gerhardt, B and Rynes, S (2000) Compensation in Organizations, Current Research and Practice. San Francisco, Jossey Bass.
Gomez-Mejia, L., Berrone, P., & Franco-Santos,M. (2010) Compensation and Organizational Performance – Theory, research and Practice. M.E. Sharpe
Hallock, K. (2012) Pay – Why People Earn What They Earn (and What You Can Do Now to Make More). Cambridge University Press.
Pepper, A. (2015) The Economic Psychology of Incentives. Palgrave Macmillan..
Pepper, S. (2006) Senior Executive Reward – Key Models and Practices. Gower Publishing.
Trevor, J. (2011) Can Pay Be Strategic? Palgrave Macmillan.
Exam (60%, duration: 2 hours) in the summer exam period.
Essay (30%, 2000 words).
Class participation (10%) in the LT.
Total students 2017/18: 66
Average class size 2017/18: 17
Controlled access 2017/18: Yes
Lecture capture used 2017/18: Yes (LT)
Value: Half Unit
Personal development skills
- Application of numeracy skills
- Commercial awareness