Institute of Business Administration

Course: PERFORMANCE AND COMPENSATION MANAGEMENT

Teacher: Shah M Saad Husain

Semester: Fall 2010

Course Objective:

The performance of an organization depends on the performance of its people.

Everything in an organization gets done by its people. A successful organization is
one in which the best people perform at their best and where employees are
rewarded according to their work and worth.

The course elaborates on the quantum transformation that has occurred in

Human Resource Management in the 21st century and how HR strategies impact
organizational performance. All managers in an organization are also HR
managers, irrespective of their managerial functions. Managers have to know how
to manage the performance of their teams so that the corporate objectives of
today as well as the future are achieved efficiently, ensuring both organizational
growth and employee growth. An intrinsic element of organizational costs, and an
essential driver of employee satisfaction, is a competitive and equitable reward
system. This system, which includes financial as well as non-financial rewards,
should equate employee performance fairly to employee reward.

This course will prepare students to become effective managers of human capital
by teaching them how to develop, motivate and reward a competent team.

Suggested Textbooks

1 Managing Human Resources

6th Edition
Wayne F Cascio
Tata McGraw Hill, 2006

2 Managing Human Resources

4th Edition
Luis R. Gomez-Mejia, David B. Balkin, Robert l. Cardy
Pearson Prentice Hall, 2008

3 Employee Reward Management and Practice

2nd Edition
 Michael Armstrong
Kogan Page, 2008

Sessions Topic

HR and Organizational Strategy

1 HR in the 21st Century

2, 3 The Strategic Role and Outcome of HRM

3, 4 HR Strategies and Organizational Performance

Performance Management

6, 7 Objectives of Performance Management

8, 9 Performance Management Systems

10 Employee Training & Development

11 Manpower Planning & Recruitment

12 Succession Planning

Reward Management

13 Objectives of Reward Management

14, 15 Job Evaluation, Internal & External Equity

16, 17 Compensation

18, 19 Grade & Pay Systems

20 Factors Influencing Pay

21 Impact of Environment on reward Management

22, 23 Reward Model – Strategy & Implementation

24, 25 Motivation, Reward & Organizational Commitment

26, 27 Rewarding Contribution and Performance

28, 29 Student Presentations, Case Studies

2
27, 28 Student Presentations, Case Studies