MGX5620 - Pay, participation and performance

Leader(s): Dr Sandra Cockfield

Offered

Caulfield Second semester 2009 (Evening)

Synopsis

This unit examines principles used in pay determination in Australia and internationally, and provides a practical foundation to understanding how the design of systems of pay (and other extrinsic rewards) and participation (and other forms of intrinsic reward associated with work) can enhance individual and organisational performance. Topics include pays systems, forms of employee participation including financial participation (eg: share ownership), participation in work allocation (autonomous teams) and other forms of involvement in decision making in the workplace (eg: workplace democracy), performance management and motivation.

Objectives

The learning goals associated with this unit are to:

• analyse the scope of remuneration and reward theory
• identify and apply innovations in pay and participation practices
• examine the role of institutional and regulatory instruments on pay and participations

• evaluate different forms of employee participation.

Assessment

Within semester assessment: 50%
Examination (3 hours): 50%

Contact hours

3 hours per week