MGMT9031 - Reward & Incentive Management

Module Details

Module Code: MGMT9031
Title: Reward & Incentive Management
Long Title: Reward & Incentive Management
NFQ Level: Expert
Valid From: Semester 1 - 2018/19 ( September 2018 )
Duration: 1 Semester
Credits: 5
Field of Study: 3450 - Business & Management
Module Delivered in: 2 programme(s)
Module Description: This module is designed to equip learners with a broad understanding of the issues associated with reward management, with a particular focus on total reward and reward strategies, and discussion of executive and international reward concerns. The module also explores the links between reward management and performance management.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Analyse the relationship between the business environment and reward.
LO2 Develop a reward strategy and system that reflects organisational strategy.
LO3 Explore concepts and theoretical debates informing reward management.
LO4 Critically discuss reward bases and options.
LO5 Analyse issues surrounding executive and expatriate rewards.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Reward and Performance.
Underpinning Theories. The role of reward in supporting organisational goals. Promoting Individual performance. Promoting organisational performance. Implications of national culture for reward.
Approaches to Reward.
Traditional, Contingent, Developmental Reward. Flexible approaches to reward. Total Rewards; Organisational context, international context, components. Transactional and Relational Reward, Intrinsic and Extrinsic Rewards. Impact of the business environment on reward.
Executive and International Reward.
Executive pay and reward. Ethics in Reward. International reward. Expatriate pay and reward.
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Project % of Total Mark 50
Timing Week 6 Learning Outcomes 1,2,4
Assessment Description
Students will be required to write a project report (of approx. 2,500 to 3,500 words) with a primary focus on the creation of an appropriate reward system.
Assessment Type Project % of Total Mark 50
Timing Week 12 Learning Outcomes 1,2,3,4,5
Assessment Description
Cross-modular project between Reward and Incentive Management and Performance Management. The Reward and Incentive Management portion of this assessment primarily concerns the development of a reward strategy, which must compliment the Performance Management Strategy.
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lecture Every Week 3.00 3
Independent Learning Non Contact Independent & Directed Learning (Non-contact) Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lecture Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Independent & Directed Learning (Non-contact) Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Armstrong, M.. (2015), Armstrong's Handbook of Reward Management Practice: Improving Performance Through Reward, 5th. Kogan Page, United Kingdom, [ISBN: 0749473894].
Supplementary Book Resources
  • Perkins, S.J., White, G.. (2011), Reward Management. by Stephen Perkins, Geoffrey White, 2nd. CIPD, London, [ISBN: 1843982633].
Supplementary Article/Paper Resources
  • O'Donovan, D. and Linehan, M.. (2011), Reward Systems in Irish Hotels: Perceptions and Preferences of Multicultural Employees, Irish Academy of Management Conference Proceedings, August/September.
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BHRMN_9 Master of Arts in Human Resource Management 2 Mandatory
CR_BHRMG_9 Postgraduate Diploma in Arts in Human Resource Management 2 Mandatory