HRMGT203-21B (HAM)

Remuneration and Reward

15 Points

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Division of Management
School of Management and Marketing

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: helena.wang@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: clive.wilkinson@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5, 9 or 3 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
    • For extensions starting with 3: dial +64 7 2620 + the last 3 digits of the extension e.g. 3123 = +64 7 262 0123.
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Paper Description

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Remuneration and Reward provides students with a comprehensive understanding of a broad range of pay practices and how and when each of these can influence both employee behaviour and human capital to affect organisational performance.
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Paper Structure

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This paper is taught in 3 different ways:

1. Short pre-recorded Panopto videos of the lecturer lecturing on various topics, as listed in the course outline, and with Powerpoint slides

2. A face-to-face class session of 60-90 minutes, focused on case studies and practical exercise, during regular class time (2 PM on Wednesdays)

3. A Zoom class of 60-90 minutes, equivalent to the face-to-face session (2 PM on Thursdays)

Please note that you are expected to watch the relevant Panopto videos prior to either the face-to-face or Zoom sessions. Please also note that the face-to-face and Zoom sessions will be virtually the same, and so you're not expected to attend both (unless you wish to do so, of course).

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Learning Outcomes

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Students who successfully complete the paper should be able to:

  • Learning Outcomes

    1. Determine or calculate pay in a given context (e.g., with a job evaluation plan; with a gainsharing formula)
    2. Explain how (e.g., theory) a particular pay practice is likely to affect performance and by how much
    3. Explain when (e.g., conditions) a particular pay practice is likely to affect performance, with reference to particular organisational examples
    4. Explain how a particular pay practice is likely to affect important social and economic outcomes (e.g., inequality, gender equity etc.)
    5. Explain when (e.g., conditions) a particular pay practice is likely to affect important social and economic outcomes (e.g., inequality, gender equity etc.).
    Linked to the following assessments:
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Assessment

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Please see the detailed information provided below.

Each assessment is designed to assess all the learning outcomes, as they relate to a particular group of pay practices.

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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Test 1
4 Aug 2021
3:00 PM
25
  • Online: Submit through Moodle
2. Group essay
12 Sep 2021
11:30 PM
25
  • Online: Submit through Moodle
3. Test 2
15 Sep 2021
3:00 PM
25
  • Online: Submit through Moodle
4. Video Assessment
13 Oct 2021
3:00 PM
25
  • Online: Submit through Moodle
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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Martocchio, Joseph, 2015, Strategic Compensation: A Human Resource Management Approach, Pearson: Harlow, UK.
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Recommended Readings

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Recommended readings will be placed in the relevant session folder as the paper progresses. These readings can help you comprehend a) the size of any performance effects associated with a pay method, b) the conditions required for the pay method's effectiveness, and c) broader societal implications of any pay method (e.g., for income inequality etc).
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Online Support

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Moodle
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Workload

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Students are expected to spend approximately 150 hours on HRMGT.203.
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