Performance Management and Rewards

    Unit code: BMO6625 | Study level: Postgraduate
    Credit points
    12
    (Generally, 1 credit = 10 hours of classes and independent study.)
    Location
    City Campus
    Victoria University Online
    Prerequisites
    N/A
    Overview
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    Overview

    The unit of study critically reviews key trends and issues in performance management and rewards, and debates the strategic importance of issues arising from balancing critical elements within the system of rewards and performance management Students will: critical analyse performance management ethics through issues-based lenses critiquing expected as well as unintended strategic, organizational, team and individual outcomes that may emerge from performance management. Contemporary theory and practice in performance management will be contested through critical analysis and critical theory will inform critiques of the history of performance management; popular techniques for conducting performance evaluations; the links between performance evaluation and systems of remuneration and opportunities for employee development and promotion.

    Learning Outcomes

    On successful completion of this unit, students will be able to:

    1. Critique key trends and issues in performance management systems and rewards;
    2. Critically analyse the tangible and intangible strategic value of performance management systems;
    3. Translate theory to practice in an action learning project on performance management and remuneration systems;
    4. Extrapolate from theoretical concepts and principles to propose and justify courses of action which facilitate decision making in a variety of performance management contexts, both locally and globally; and
    5. Advocate conclusions to and justify professional decision-making to inter-disciplinary audiences demonstrating a high level of personal autonomy and accountability for both personal outcomes and those of the group.

    Assessment

    For Melbourne campuses

    Assessment type: Assignment
    |
    Grade: 20%
    Key trends and issues in Performance Management
    Assessment type: Case Study
    |
    Grade: 30%
    Performance management analysis of an organisation
    Assessment type: Report
    |
    Grade: 50%
    Project report and presentation on performance management strategies (Group)

    Other locations

    For students studying at Victoria University Online
    Assessment type: Assignment
    |
    Grade: 10%
    Key trends and issues in Performance Management
    Assessment type: Case Study
    |
    Grade: 40%
    Performance management analysis of an organisation
    Assessment type: Presentation
    |
    Grade: 50%
    Recommendations for an organisation PM strategies

    This unit will adopt a student-centred learning model where learning comes from network of relationships between instructors, peers, and industry sources. Peer support and information exchange will be facilitated by online learning through the VU Online Learning Management System. It is expected that students allocate approximately 8 hours per week for online activities and independent study.

    REQUIRED TEXTS:All resources will reside in the LMS and will be co -designed by a subject matter expert (SME) and Learning designer (LD). No purchase of textbooks required.

    Required reading

    Managing Employee Performance and Reward Concepts, Practices, Strategies,
    Shields J. 2020,| Cambridge University Press, Cambridge.

    As part of a course

    This unit is studied as part of the following course(s):

    Graduate Certificate in Business
    BTBU | Graduate certificate | Duration: 8 months
    Master of Business Administration
    BMPF | Masters (coursework) degree | Duration: 1.5 years
    Master of Human Resource Management
    BMHR | Masters (coursework) degree | Duration: 2 years

    Refer to the course page for information on how to apply for the course. VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.

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