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. Bernik, M., Šprajc, P. (2022). Sistemi plač in nagrajevanje. E-gradivo v pripravi.
2. Han, Bartol, Seongsu (2015): Tightening up the Performance–Pay Linkage: Roles of Contingent Reward Leadership and Profit-Sharing in the Cross-Level Influence of Individual Pay-for-Performance, Journal of Applied Psychology American Psychological Association 2015, Vol. 100, No. 2, http://dx.doi.org/10.1037/a0038282
3. Malik, Butt, Choi (2015): Rewards and employee creative performance: Moderating effects of creative self-efficacy, reward importance, and locus of control, Journal of Organizational Behavior, J. Organiz. Behav. 36, 59–74 (2015) Published online 2 July 2014 in Wiley Online Library, (wileyonlinelibrary.com) DOI: 10.1002/job.1943
4. Perkins, S.J., Jones, S.(2020). Reward Management: Alternatives, Consequences and Contexts, CIPD - Kogan Page
5. Blokdyk, G. (2021). Reward Management A Complete Guide
6. Hendijani, R., Steel, P. (2020) Motivational congruence effect: How reward salience and choice influence motivation and performance. Cogent Business & Management, Vol.7., Issue 1, Taylor&Francis Online
