HRM-31119 - Pay and Performance Management
Coordinator: Xuebing Cao Tel: +44 1782 7 33605
Lecture Time: See Timetable...
Level: Level 6
Credits: 15
Study Hours: 150
School Office: 01782 733094

Programme/Approved Electives for 2020/21

None

Available as a Free Standing Elective

No

Co-requisites

None

Prerequisites

None

Barred Combinations

None

Description for 2020/21

This module provides students with specialist analysis on pay as a central element in the study of human resource management (HRM). Crucially, the module examines both the external market for labour and the internal operation of pay determination within the organisation. The module explains variation in pay levels between occupations, the role of the State in shaping pay policy and the problems associated with grading and pay systems which seek to link pay to performance. Recent developments, notably the impact of the Government spending cuts, are examined in the context of theories of pay and pay negotiations.

Aims
To provide students with an analysis of pay and labour markets, pay determination processes, systems and structures related to general theories of pay. The module examines how reward strategies and policies are influenced by business context and how pay determination is relevant to labour market trends, government regulations and management decisions to promote employee performance. The module also focuses upon the importance of negotiating theory and practice in understanding pay determination.

Talis Aspire Reading List
Any reading lists will be provided by the start of the course.
http://lists.lib.keele.ac.uk/modules/hrm-31119/lists

Intended Learning Outcomes

identify pay as a complex cluster concept and part of a theory of income: 1,2
identify and analyse pay statistics drawn from appropriate HR sources (e.g. ASHE data) with reference to relevant pay theories and labour market trends: 1
evaluate various pay structures and job evaluation methods: 2
critically analyse a range of payment systems and the link between pay and performance: 2
assess the role of line managers in pay determination: 2
analyse the concepts of intrinsic and extrinsic reward: 2
explain government policy in relation to pay and its regulation: 1,2
analyse negotiating theory and practice: 2
analyse the context of pay and evaluate the key elements of reward decision making, including the labour market, trade unions, state regulation and organisations┐ pay strategies: 2

Study hours

15 hours lectures
5 hours tutorial work
15 hours lecture preparation
5 hours tutorial preparation
40 hours assignment preparation
70 hours private study


School Rules

Students must have completed Year 1 module Foundations of HRM (Dual Honours or single honours Management HRM pathway) or Year 2 module Employment Relations or Managing Human Resources as a pre-requisite

Description of Module Assessment

1: Report weighted 50%
Labour Market Analysis Report
Students will be required to submit a 2000 word report based upon an analysis of the Annual Survey of Hours and Earnings (ASHE) undertaken during tutorials.

2: Exam weighted 50%
Take-away exam
Two hour exam covering the regulation of pay by the State, pay strategies within the firm and pay negotiations. This is a take-away exam which will be available on KLE for 24 hours to answer and submit the answers via Turnitin. Although students have significant time to complete and submit answers, it is expected that most students will spend no more than 2 hours with a maximum of 3000 words. Answers should be as accurate and concise as possible.