Postgraduate Course: Reward Management (CMSE11175)
Course Outline
| School | Business School |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 15 |
ECTS Credits | 7.5 |
| Summary | This course prepares you for all aspects of the human resources area that deal with reward - sometimes termed "pay and benefits" or "benefits and compensation" but, as we shall see, the area goes more widely than these simple titles suggest. It is a vital aspect of any HRM professional's work and at least sometime in you HRM career you can expect these issues to consume a large part of your daily activity. |
| Course description |
The course aims are to provide a survey of current understanding in the field of Reward Management. This to embrace both our theoretical understanding and practical application. The course will comprise a series of 10 teaching and learning sessions during which students will be encouraged to interact. There is a series of exercises accompanying the teaching and learning sessions. In addition, students are encouraged to undertake the multiple choice quiz which accompanies each session. These will help consolidate learning and understanding. The prior week's quiz is the subject of discussion at the beginning of each new session.
Outline Content
- Introducing Employee Reward Systems; Conceptual and Theoretical Frameworks
- The Legal, Employment Relations and Market Context
- Base Pay Structures and Relationships; Pay Setting, Composition and Progression
- Variable Pay Schemes
- Benefits and Pensions
- Non-Financial Reward and Total Reward
- Rewarding Directors and Executives
- International Reward Management
- Employee Reward within HRM
The course objectives are:
- To acquaint you with the various aspects of HRM that relates to reward
- To provide a working understanding of each dimension of reward that must be dealt with
- To leave students with a working knowledge and a confidence to tackle these various areas.
Student Learning Experience
Students will, in addition to the material covered in lecture, have the opportunity to pursue a reward-related research topic on their own.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
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| Academic year 2024/25, Not available to visiting students (SS1)
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Quota: None |
| Course Start |
Semester 1 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
150
(
Lecture Hours 20,
Seminar/Tutorial Hours 4,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
123 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
40% coursework (group) - 2,500 words -Assesses all course Learning Outcomes
60% coursework (individual) -4 hours - Assesses all course Learning Outcomes
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| Feedback |
Formative: Feedback will be provided throughout the course.
Summative: Feedback will be provided on the assessments within agreed deadlines. |
| No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- Analyse the relationship between the environment, strategy and systems of reward management, critically evaluating the key issues in reward management.
- Explore the conceptual apparatus and theoretical debates informing reward management.
- Critically discuss traditional, contingent and knowledge bases for transactional and relational rewards.
- Design internally consistent reward structures that recognise labour market and equity constraints.
- Analyse executive and expatriate rewards in an international context.
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Reading List
Stephen J Perkins and Sarah Jones (2020) Reward Management: Alternatives, Consequences and Contexts, CIPD - Kogan (Paperback) ISBN-10: 1789661773; ISBN-13: 978-1789661774. (4th edition, 2020).
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Additional Information
| Graduate Attributes and Skills |
Cognitive Skills
After completing this course, students should be able to:
Be self-motivated; curious; show initiative; set, achieve and surpass goals; as well as demonstrating adaptability, capable of handling complexity and ambiguity, with a willingness to learn; as well as being able to demonstrate the use digital and other tools to carry out tasks effectively, productively, and with attention to
quality.
Understand how to manage and sustain successful individual and group relationships in order to achieve positive and responsible outcomes, in a range of virtual and face-to-face environments.
Knowledge and Understanding
After completing this course, students should be able to:
Demonstrate a thorough knowledge and understanding of contemporary organisational disciplines; comprehend the role of business within the contemporary world; and critically evaluate and synthesise primary and secondary research and sources of evidence in order to make, and present, well informed and transparent organisation-related decisions, which have a positive global impact.
Identify, define and analyse theoretical and applied business and management problems, and develop approaches, informed by an understanding of appropriate quantitative and/or qualitative techniques, to explore
and solve them responsibly.
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| Keywords | Not entered |
Contacts
| Course organiser | Prof Brian Main
Tel: (0131 6)50 8360
Email: Brian.Main@ed.ac.uk |
Course secretary | Mr Sean Reddie
Tel: (0131 6)50 8074
Email: Sean.Reddie@ed.ac.uk |
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