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This course discusses the key concepts and controversies in the design and implementation of a strategic reward system.
What you'll learn
Discover the relationship between the external environment, business strategy, HRM strategy and systems of reward management.
Identify theoretical debates and research informing research management practice.
Explore the how to structure reward responses to address the strategic requirements facing an organization. Requirements
No advanced preparation or prerequisites are required for this course. Description
In this course we discuss the key concepts and controversies in the design and implementation of strategic reward systems. We start with a brief overview of the relationship between the external environment, business strategy, HRM strategy and systems of reward management. This leads to a conversation about the conceptual frameworks, theoretical debates and research informing management practice relative to both relational and transactional rewards. Then we explore the issues of internal and external reward equity in a range of contexts and structure reward responses to address the strategic requirements facing an organization. This course serves to examine a range of reward-related factors that affect achievement of organizational success. Overview
Section 1: Introduction
Lecture 1 Introduction to Systems of Strategic Reward Management
Lecture 2 The Context and Systems of Reward Management
Lecture 3 The Gender Pay Gap
Lecture 4 Theoretical Debates and Research
Lecture 5 Theories on 'Necessary' Reward
Lecture 6 Rewarding the Employment Relationship
Lecture 7 Addressing Strategic Requirements
Lecture 8 Broadbands
Lecture 9 Composition of Pay
Lecture 10 Competence or...