| Effective Term: | 2024/05 |
| Institute / School : | Institute of Innovation, Science & Sustainability |
| Unit Title: | Reward and Performance Management |
| Unit ID: | BUHRM3705 |
| Credit Points: | 15.00 |
| Prerequisite(s): | (BUHRM1501) |
| Co-requisite(s): | Nil |
| Exclusion(s): | (BUHRM2610 and BUHRM3730) |
| ASCED: | 080303 |
| Other Change: | |
| Brief description of the Unit |
Reward and performance management from a Human Resource Management perspective enables an organisation to maintain productivity in today`s competitive world. This is a specialist course within the Human Resource Management major which examines reward and performance policies, practices, systems and procedures in contemporary organisations. The course examines the key purposes of effective performance and reward programs which match employee needs with the objectives of the organisation, so that the needs of both parties are in alignment. The course analyses how organisations can use performance systems and reward structures to motivate their staff to increase performance and productivity. |
| Grade Scheme: | Graded (HD, D, C, P, MF, F, XF) |
| Work Experience Indicator: |
| No work experience |
| Placement Component: No |
| Supplementary Assessment:Yes |
| Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment |
| Course Level: |
| Level of Unit in Course | AQF Level(s) of Course | | 5 | 6 | 7 | 8 | 9 | 10 | | Introductory | | | | | | | | Intermediate | | | | | | | | Advanced | | |  | | | |
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| Learning Outcomes: |
| Knowledge: |
| K1. | Identify and analyse the main theoretical approaches to reward and performance |
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| K2. | Evaluate different approaches to motivating employees, managers and executives through reward and performance management systems |
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| K3. | Identify and contrast contemporary examples and approaches to rewards and performance management |
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| K4. | Relate the theoretical aspects of reward and performance management to enable constructive discussion in the workplace |
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| Skills: |
| S1. | Analyse and evaluate the strategies needed to manage reward and performance systems and explain the results to others |
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| S2. | Evaluate approaches to problems regarding reward and performance management systems |
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| S3. | Transfer complex knowledge by engaging in analysis, description and reflection on the implications of reward and performance management systems for organisations and employees |
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| Application of knowledge and skills: |
| A1. | Independently identify and communicate information that informs reward and performance management across various industries from a global perspective, using appropriate theories |
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| A2. | Design, develop, implement and evaluate a range of reward and performance management systems across multiple industries using appropriate information |
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| Unit Content: |
Topics may include: 1.The definition of reward and performance management 2.The role of reward and performance management within the overall model of Human Resource Management (HRM) 3.Alignment of reward and performance management with the organisations strategic plan 4.Employee motivation and its relationship to reward and performance management 5.The structure of an effective reward and performance management systems which motivate employees to achieve the organisations objectives 6.Executive rewards 7.The ethics of reward and performance management systems, including personal and organisational security issues |
| Graduate Attributes: |
| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | | 1. | K1, K2, K3, S1, A1 | Evaluate current theory and practice | Individual essay, test or case study | 10-20% | | 2. | K2, K3, K4, S1, S2, S3, A1, A2 | Research, critical analysis and synthesis of information into a student-based reward or performance management project | Individual or group report or report and presentation | 30-40% | | 3. | K1, K2, K3, K4, S2, A1 | Evaluate current theory and practice | Examination | 40-60% |
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