MG477      Half Unit
Reward System: Key Models and Practices (formerly ID437)

This information is for the 2015/16 session.

Teacher responsible

Prof Alexander Pepper NAB4.37


This course is available on the MPhil/PhD in Management, MSc in Human Resources and Organisations (Human Resource Management/CIPD), MSc in Human Resources and Organisations (International Employment Relations and Human Resource Management), MSc in Human Resources and Organisations (Organisational Behaviour), MSc in Management and MSc in Management (CEMS MIM). This course is available with permission as an outside option to students on other programmes where regulations permit.

Course content

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.

Formative coursework

Students will be required to prepare a 1,500 word briefing note in advance of the case study session (week 8) and will receive feedback on their understanding of the issues.

Indicative reading

Course text books

Perkins, S., and White, G (2008 | 2011). Employee Reward: Alternatives, Consequences and Contexts. CIPD, London. (1st or 2nd edition acceptable); White, G and Druker, J (2008) Reward Management – a Critical Text. Second edition. Routledge.

General reading

Gerhardt, B and Rynes, S (2000) Compensation in Organizations, Current Research and Practice. San Francisco, Jossey Bass.  Gerhardt, B and Rynes, S (2003). Compensation: Theory, Evidence and Strategic Implications. Thousand Oaks CA, Sage.  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, forthcoming. 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 main exam period.
Essay (30%, 2000 words).
Class participation (10%) in the LT.

Key facts

Department: Management

Total students 2014/15: Unavailable

Average class size 2014/15: Unavailable

Controlled access 2014/15: No

Lecture capture used 2014/15: Yes (LT)

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Application of numeracy skills
  • Commercial awareness

Course survey results

(2011/12 - 2012/13 combined)

1 = "best" score, 5 = "worst" score

The scores below are average responses.

Response rate: 77%



Reading list (Q2.1)


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Feedback (Q2.8)


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