HRMT 326 is a three-credit, senior-level course examining strategic compensation management. This course explores the compensation process as well as issues and techniques involved in the development and administration of a compensation system. Specific topics include external competitiveness, pay structure design, performance systems and evaluation of employees, employee benefits, compliance issues, salary administration, and skill/competency plans.
Outline
Unit 1: Strategy, Rewards, and Behaviour
Lesson 1: A Road Map to Effective Compensation
Lesson 2: A Strategic Framework for Compensation
Lesson 3: A Behavioural Framework for Compensation
Unit 2: Formulating Reward and Compensation Strategy
Lesson 4: Components of Compensation Strategy
Lesson 5: Performance Pay Choices
Lesson 6: Formulating the Reward and Compensation Strategy
Unit 3: Determining Compensation Values
Lesson 7: The Job Evaluation Process
Lesson 8: The Point Method of Job Evaluation
Lesson 9: Evaluating the Market
Lesson 10: Evaluating Individuals
Unit 4: Designing, Implementing and Adapting Compensation Systems
Lesson 11: Designing Performance Pay Plans
Lesson 12: Designing Indirect Pay Plans
Lesson 13: Activating and Maintaining an Effective Compensation System
Evaluation
To receive credit for HRMT 326, you must achieve an overall grade of D (50 percent) or better for the entire course and a grade of 50 percentor better on the final exam. The weightings for each assignment and the final exam are as follows:
Activity
Weight
Assignments 1–3: Each assignment comprises four written response questions and is worth 12%
36%
Assignment 4: Case study analysis (1500 words)
34%
Final Online Exam exam: true/false, multiple-choice, short-answer, and essay questions
30%
Total
100%
The final examination for this course must be requested in advance and written under the supervision of an AU-approved exam invigilator. Invigilators include either ProctorU or an approved in-person invigilation centre that can accommodate online exams. Students are responsible for payment of any invigilation fees. Information on exam request deadlines, invigilators, and other exam-related questions, can be found at the Exams and grades section of the Calendar.
To learn more about assignments and examinations, please refer to Athabasca University’s online Calendar.
Materials
Singh, P., & Long, R. (2022). Strategic compensation in Canada (7th ed.). Nelson Education Ltd. ISBN: 9781774128442 (eText)
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized study counterparts.