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In this course we discuss the key concepts and controversies in the design and implementation of strategic reward systems. We start with a brief overview of the relationship between the external environment, business strategy, HRM strategy and systems of reward management.  This leads to a conversation about the conceptual frameworks, theoretical debates and research informing management practice relative to both relational and transactional rewards.  Then we explore the issues of internal and external reward equity in a range of contexts and structure reward responses to address the strategic requirements facing an organization. 

This course serves to examine a range of reward-related factors that affect achievement of organizational success. 

Learning Objectives

  • Discover the relationship between the external environment, business strategy, HRM strategy and systems of reward management.
  • Identify theoretical debates and research informing research management practice.
  • Explore the how to structure reward responses to address the strategic requirements facing an organization

 

 

Last updated/reviewed: February 16, 2018

Included In Certifications

This course is included in the following Expert Certifications:

11 CoursesHuman Resources (HR) Management Certification

  1. Developing an Agile Organization
  2. Human Resources (HR) Strategy Development
  3. Using Data for Human Resources (HR) Decision Making
  4. Leading and Managing People
  5. Becoming an Employer of Choice
  6. Talent Management and Succession Planning
  7. Systems of Strategic Reward Management
  8. Training Design for Return on Investment
  9. Strategic Change Management
  10. Human Resources (HR) Influencing at the Board Level
  11. HR Strategy Development (Article)

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  12:45Introduction to Systems of Strategic Reward Management
Systems of Strategic Reward Management
  10:14The Context and Systems of Reward Management
  9:30The Gender Pay Gap
  9:35Theoretical Debates and Research
  10:05Theories on 'Necessary' Reward
  9:03Rewarding the Employment Relationship
  14:35Addressing Strategic Requirements
  13:14Broadbands
  10:35Composition of Pay
  10:03Competence or Competency?
CONCLUSION
  5:15Conclusion
CONTINUOUS PLAY
  1:54:54Systems of Strategic Reward Management Full Video
SUPPORTING MATERIALS
  PDFSlides: Systems of Strategic Reward Management
  PDFSystems of Strategic Reward Management Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM