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 taken online with an AU-approved exam invigilator at an approved invigilation centre. It is your responsibility to ensure your chosen invigilation centre can accommodate online exams. For a list of invigilators who can accommodate online exams, visit the Exam Invigilation Network.
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.