Programme/Approved Electives for 2023/24
Available as a Free Standing Elective
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.
Talis Aspire Reading ListAny reading lists will be provided by the start of the course.http://lists.lib.keele.ac.uk/modules/hrm-31119/lists
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.
Intended Learning Outcomes
identify pay as a complex cluster concept and part of a theory of income: 1identify and analyse pay statistics drawn from appropriate HR sources (e.g. ASHE data) with reference to relevant pay theories and labour market trends: 1evaluate various pay structures and job evaluation methods: 2critically analyse a range of payment systems and the link between pay and performance: 2assess the role of line managers in pay determination: 2analyse the concepts of intrinsic and extrinsic reward: 2explain government policy in relation to pay and its regulation: 2analyse negotiating theory and practice: 2analyse 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
15 hours lectures 5 hours tutorial work4 hours of tutor led activities 15 hours lecture preparation5 hours tutorial preparation36 hours assignment preparation70 hours private study
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
1: Report weighted 50%
Description of Module Assessment
Labour Market Analysis ReportStudents 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: Open Book Examination weighted 50%
Take-away examTwo 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.