Dr Rebecca Campbell MAR.5.15

This course is available on the CEMS Exchange, Global MSc in Management, Global MSc in Management (CEMS MIM), Global MSc in Management (MBA Exchange), MBA Exchange, MSc in Human Resources and Organisations (Human Resource Management/CIPD), MSc in Human Resources and Organisations (International Employment Relations/CIPD) and MSc in Human Resources and Organisations (Organisational Behaviour). This course is available with permission as an outside option to students on other programmes where regulations permit.

The aim of the course is to introduce the main theoretical models relating to employee and executive reward and to relate these to current pay practices. By the end of the course it is intended that students will be able to:

1. Describe the main economic, psychological and sociological theories relating to pay, reward and performance management;

2. Discuss current pay practices in both the private and public sectors, including variations between different countries, and evaluate these in light of the theoretical models;

3. Communicate effectively about pay and reward matters in a variety of professional and academic styles.

15 hours of lectures and 15 hours of seminars in the LT.

Students are expected to prepare for, and contribute to, the seminars. Seminars will include group work, preparing and giving presentations, case analyses, small group discussions, and self-assessment exercises. Students on this course will have a reading week in Week 6, in line with departmental policy.

Students will receive group feedback in class on case study analysis. In addition, regular informal quizzes will be conducted covering the readings or lecture material of the current week to support learners to consolidate their understanding of the main issues in the topic, to encourage questions, and to provide clarification.

Course text books

Jones, E., and Perkins, S. (2020) Reward Management, Alternatives, Consequences and Contexts. CIPD, London (earlier editions are acceptable); White, G and Druker, J (2008) Reward Management – a Critical Text. Second edition. Routledge..

General reading

Gerhardt, B and Rynes, S (2000) Compensation in Organizations, Current Research and Practice. San Francisco, Jossey Bass. 

Gomez-Mejia, L., Berrone, P., & Franco-Santos,M. (2010) Compensation and Organizational Performance – Theory, research and Practice. M.E. Sharpe

Hallock, K. (2012) Pay – Why People Earn What They Earn (and What You Can Do Now to Make More). Cambridge University Press. 

Pepper, A. (2015) The Economic Psychology of Incentives. Palgrave Macmillan..

Pepper, S. (2006) Senior Executive Reward – Key Models and Practices. Gower Publishing. 

Trevor, J. (2011) Can Pay Be Strategic? Palgrave Macmillan.

Case analysis (20%) in the LT Week 9.
Case analysis (70%) in the period between LT and ST.
Class participation (10%) in the LT.