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MGT 431: Performance, Compensation & Benefits

Course Description

This course wil focus onl providing a deeper understanding of the connection between people, strategy, and results in organizations of all kinds, with a particular emphasis on emerging pay for performance systems. Students will investigate performance management including: the importance of human capital in pursuing and achieving an organization’s purpose, defining and measuring workforce contributions against articulated goals and desired outcomes, and identifying and applying traditional and non-traditional compensation and benefits to reward performance on actual outcomes. (3 credits)

Prerequisites

  • MGT 101: Principles of Management
  • ENG 101: English Composition 1
  • ENG 102: English Composition 2

Student Learning Outcomes (SLOs)

Students who successfully complete this course will be able to:

  1. Demonstrate an understanding of the importance of performance management in fostering and rewarding effectiveness in organizations of all kinds.
  2. Describe and analyze the connection between organizational goals, the position description and methods of management performance based on goals and expectations.
  3. Describe and analyze the diverse elements and approaches of an effective pay for performance system.
  4. Implement best practices as they relate to people, performance and rewards.

General Education Outcomes (GEOs)

Please check the applicable GEOs for this course, if any, by outcomes at GEO Category Search, or by subject area at GEO Discipline Search.

Course Activities and Grading

Assignments

Weight

Discussion Boards

20%

Reflection Papers

20%

Summary Paper (Week 8)

40%

Participation

20%

Total

100%

Required Textbooks

Available through Charter Oak's online bookstore

  • Becker, Brian, Mark Huselid & Dave Ulrich. (2001). HR Scorecard. Harvard Business School Press. ISBN-10: 1578511364 or ISBN-13: 9781578511365

Additional Required Materals

(Not Available through Bookstore)

  • Any additional readings will be provided in the course packet on the Blackboard course site.

Course Schedule

Week

SLOs

Readings and Exercises

Assignments

1

1,2

Topic: Importance of HR in Achieving Organizational Purpose

  • Readings:
    • HR Scorecard - Chapters 1 & 2, pp. 1-52
  • Read assigned chapters
  • Review the lecture material
  • Participate in the discussions
  • Submit Reflection Paper

2

1-4

Topics: Outcomes & the HR Scorecard

  • Readings:
    • HR Scorecard - Chapter 3; pp. 53-77
  • Read assigned chapter
  • Review the lecture material
  • Participate in the discussions
  • Submit Reflection Paper

3

2,3

Topics: Principles of Good Performance Measurement

  • Readings:
    • HR Scorecard - Chapter 5, pp.107-130
  • Read assigned chapter
  • Review the lecture material
  • Participate in the discussions
  • Submit Reflection Paper

4

2-4

Topic: Designing a Job Description for Peak Performance

  • Readings:
    • Review the draft job description (located in the Course Documents section of the course)
  • Read assigned job description
  • Review the lecture material
  • Participate in the discussions
  • Submit Reflection Paper

5

1,2,4

Topic: Performance Appraisal and Employee Development

  • Readings:
    • Essentials of Performance Management," Harvard Business Press, Chapters 6, 7
      & 8 (located in the Course Documents section of the course)
  • Read assigned chapters
  • Review the lecture material
  • Participate in the discussions
  • Submit Reflection Paper

6

1-4

Topic: Implementing the Balanced Scorecard

  • Readings:
    • HR Scorecard - Chapter 8, pp. 183-206
  • Read assigned chapters
  • Review the lecture material
  • Participate in the discussions
  • Submit Reflection Paper

7

3,4

Topics: Designing, Updating and Maintaining the Compensation System

  • Readings:
    • Flexible Compensation & Benefits, HBSP, 2007 (located in the Course Documents section of the course)
  • Read assigned chapters
  • Review the lecture material
  • Participate in the discussions
  • Submit Reflection Paper
  • Submit Self - Evaluation

8

1-4

Topic: Putting it all Together

  • Readings:
    • Case Studies
  • Read assigned case study
  • Review the lecture material
  • Participate in the discussions
  • Submit Summary Paper
  • Complete the course evaluation

COSC Accessibility Statement

Charter Oak State College encourages students with disabilities, including non-visible disabilities such as chronic diseases, learning disabilities, head injury, attention deficit/hyperactive disorder, or psychiatric disabilities, to discuss appropriate accommodations with the Office of Accessibility Services at OAS@charteroak.edu.

COSC Policies, Course Policies, Academic Support Services and Resources

Students are responsible for knowing all Charter Oak State College (COSC) institutional policies, course-specific policies, procedures, and available academic support services and resources. Please see COSC Policies for COSC institutional policies, and see also specific policies related to this course. See COSC Resources for information regarding available academic support services and resources.