MG477      Half Unit
Strategic Reward: Key Models and Practices

This information is for the 2019/20 session.

Teacher responsible

Dr Rebecca Campbell NAB 4.27


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.

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 short paper (maximum 750 words) during week 7 in connection with the material covered during that week and will receive feedback on their understanding of the issues.

Indicative reading

Course text books


Perkins, S., and White, G (2008). Employee Reward: Alternatives, Consequences and Contexts. CIPD, London. (all editions are 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. 

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 (50%, duration: 2 hours) in the summer exam period.
Essay (50%, 2000 words).

Key facts

Department: Management

Total students 2018/19: 49

Average class size 2018/19: 12

Controlled access 2018/19: No

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Application of numeracy skills
  • Commercial awareness