Objectives and competences
The student will:
• Learn the basic concepts of payroll systems.
• Understand the role of pay and the importance of reward in an organisation.
• Understand the methods and content of pay system design.
• Understand the structures of pay systems in the European Union.
• Understand the importance of reward and linking pay to performance.
Intended learning outcomes - knowledge and understanding
Knowledge and understanding of:
At the end of the course, the students will be able to:
• Understand pay systems.
• Pay design and reward structures.
• Designing the objectives of pay systems.
• Understand the contemporary features of pay and reward systems.
Readings
1. Malik M. A. R., Butt A. N. and Choi J. N. (2015) Rewards and employee creative performance: Moderating effects of creative self-efficacy, reward importance, and locus of control, J. Organiz. Behav., 36, pages 59–74. doi: 10.1002/job.1943.
2. Jones, S. E., & Perkins, S. J. (2020). Reward management: alternatives, consequences and contexts (4th ed., str. XVIII, 484). Koga Page.
3. Hendijani, R., & Steel, P. (2020). Motivational congruence effect: How reward salience and choice influence motivation and performance [Journal Article]. Cogent Business & Management, 7(1), 1–21. https://doi.org/10.1080/23311975.2020.1791444
