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HRM40730

Academic Year 2024/2025

Reward and Performance Management (HRM40730)

Subject:
Human Resources Management
College:
Business
School:
Business
Level:
4 (Masters)
Credits:
10
Module Coordinator:
Ms Pauline Grace
Trimester:
Summer
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

In most businesses, pay and pay-related issues (such as pension schemes) make up a substantial share of the total costs involved in running a business. Managing this aspect of human resources has become more complex as businesses look increasingly for value for money, have growing expectations of what employees can contribute to the business, and engage in competition for talent. This module examines critical areas of reward management from both a theoretical and a practice perspective, in such areas as the determination of basic and variable pay; the relationship between reward, motivation, engagement and high performance; the importance of non-financial rewards; and the composition of `total reward'. It also examines the links between the reward, HR and overall business strategies and the consequences of choices made in one or other of these areas.

About this Module

Learning Outcomes:

On completion of this module, students should have an understanding of the key components of a reward management system and their inter-relationships. In particular, students should have achieved an appreciation of the following: basic pay, pay progression, variable pay, profit sharing , benefits policy and non-financial rewards. The link between reward, motivation and performance. What is meant by a strategic approach to reward. How to assess and design pay and benefits surveys.

Student Effort Hours:
Student Effort Type Hours
Lectures

24
Small Group

12
Specified Learning Activities

102
Autonomous Student Learning

112
Total

250

Approaches to Teaching and Learning:
Lecture based sessions with input from practitioners and analysis of case studies

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Assignment(Including Essay): Individual assignment of a theoretical nature Week 5 Graded No
30
 No
Assignment(Including Essay): Secondary international research carried out by individual students, which integrates country based data and scholarly publications. Week 14 Graded No
70
 No

Carry forward of passed components
No
 

Remediation Type Remediation Timing
In-Module Resit Prior to relevant Programme Exam Board
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

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