5768 (v.7) Human Resource Management (Compensation Management) 561


 

Area:School of Management
Credits:25.0
Contact Hours:3.0
Seminar:1 x 3 Hours Weekly
Syllabus:Compensation, reward and equity. Facets of wages and salary administration, installing a salary and wage system, techniques of job evaluation and relating these techniques to wages and to sex discrimination. Employee benefits for managers, executives and non managerial staff. Planning and administering policy. International compensation systems. Performance Management.
 
Unit Outcomes: On completion of this unit students will have gained - An understanding of the theories involved in the compensation process. An understanding of the processes involved in designing a remuneration and rewards system. Information required to analyse the different processes involved in various compensation strategies.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References: Bowey, A. M. (1982), Handbook of Salary and Wage Systems. 2nd ed. Gower, Aldershot. Bowey, A.M. and Thorpe, R. (1986), Payment System and Productivity. London, MacMillan. CCH Australia (1995), Wage and Salary Administration: a guide to understanding principles and practice. 5th ed. Sydney, CCH Australia. Henderson, R. (1996), Compensation Management. New Jersey, Prentice-Hall. Savery, L.K. and Dufty, N. (1991), Readings in Australian Industrial Relations. Sydney, Harcourt Brace Jovanovich. Wallace, M. and Fay, C. (1988), Compensation Theory and Practice, 2nd Ed. Boston, PWS-Kent. Wilson, B. (1994), Innovative Reward Systems for the Changing Workplace. New York, McGraw-Hill.
Unit Texts: Milkovich, G.T. and Newman, J. M. (2001), Compensation. 7th ed. Boston, Irwin.
 
Unit Assessment Breakdown: Assignment on Equity 30%, Major Project 40%, Presentation 30%. This is by grade/mark assessment.
YearLocationPeriodInternalArea ExternalCentral External
2004Bentley CampusSemester 1Y  

 

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