Performance Management & Reward Systems

Subject MGMT90016 (2011)

Note: This is an archived Handbook entry from 2011.

Credit Points: 12.50
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2011:

Semester 1, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: This subject is taught intensively over 36 hours.
Total Time Commitment: Approximately 2.5 hours of personal study per hour of class time is required to achieve a satisfactory level of performance
Prerequisites: None
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Coordinator

Prof Michelle Brown

Contact

Graduate School of Business and Economics
Level 4, 198 Berkeley Street
Telephone: +61 3 8344 1670
Online Enquiries
Web: www.gsbe.unimelb.edu.au

Subject Overview: This subject will examine the range of human resource management systems that seek to measure employee work performance and the implications for the design and evaluation of reward systems. The focus is on the design and evaluation of performance and reward management systems for both managerial and non-managerial employees. In the first half of the semester we will examine a range of design and operational challenges with performance management systems and the second half of the semester will be taught jointly with a Professor and MBA students from School of Business Administration Loyola University Chicago (USA). In these sessions we will examine rewards systems, with a particular emphasis on performance pay plans and their implications for employees and global organisations.
Objectives: On successful completion of this subject, students should be able to:
  • Identify the key features of individual, group and organisational level reward systems and performance management systems;
  • Explain relationships between individual performance and a variety of reward systems that seek to promote organisational performance;
  • Analyse and evaluate the effectiveness of the various approaches to pay and performance management for both local and expatriate employees.
Assessment:
  • Assignment(s) not exceeding 3000 words (50%)
  • One 2-hour examination to take place at the conclusion of the joint teaching session (50%)
Prescribed Texts:

Shields, J (2007) Managing Employee Performance and Reward Cambridge University Press: Melbourne.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On successful completion of this subject, students should have improved the following generic skills:

  • Critical thinking, which should be fostered by the application of theories relevant to performance management systems and to contemporary organisational practice;
  • Problem solving, which should be developed by assignments that will require students to apply principles discussed in lectures and readings to their own or hypothetical situations;
  • Oral and written communicaion, which should be developed in class discussion and in preparation of written assignements.
Related Course(s): Master of Applied Commerce (Human Resource Management)
Master of Human Resource Management

Download PDF version.