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016
Course Syllabus
I. COURSE INFORMATION
1. Class Attendance:
Students are expected to attend all classes of this course (without exception).
A prior approval is required for class absence except for emergencies.
However, any student with 30% short attendance will be enforced to
withdraw from the course, and the student will receive EW in his/her
transcript for this course.
2. Tardy:
Do not come late to class. Any student coming late will not be allowed to
attend the class and he/she will be marked absent.
3. Exams:
Failure in attending a course exam will result in zero mark unless the student
provides an excuse acceptable to the Dean who approves a re-sit exam.
Failed courses will normally be reassessed in the scheduled semester. It is
your responsibility to attend the exam at the correct time and place. Your
results will be printed in a transcript, which includes all your assessments.
You should check the accuracy of your transcript. If there is an error in your
transcript, you have to notify the instructor.
5. Exam Attendance/Punctuality:
In the event that a student is up to ten minutes late, he/she will be
permitted to attend/sit the exam. However, there will not be any extra time
allowances made in favor of this student.
In the event that a student is more than 10 minutes late, he/she will not be
permitted to attend/sit the exam.
6. Re-sit Exams:
The student will not be allowed to re-sit an exam unless he/she furnishes the
institute with written evidence as follows:
Sickness by providing a medical report stamped by the Ministry of
Health.
Death of a member of his/her family.
Accidents (e.g. car accident).
Natural causes such as heavy storms.
7. Cheating:
The minimum penalty for cheating is an automatic Zero for the test or
assignment leading to a possible “F” for the subject. The student will be
expelled from the examination room so that he/she doesn’t disturb other
students. The exam invigilator will produce a report on the case. The report
will be kept in the student file. A second offense will result in the immediate
suspension of the student for the remainder of the current semester. A copy of
the decision will be kept in the student file, while another one will be passed to
the Dean.
Offence Penalty
Grade
Mark Grade
Points
90 - 100% A 4.0
87 - 89% A- 3.7
84 - 86% B+ 3.3
80 - 83% B 3.0
77 - 79% B- 2.7
74 - 76% C+ 2.3
70 - 73% C 2.0
67 - 69% C- 1.7
64 - 66% D+ 1.3
60 - 63% D 1.0
0 - 59% F 0
Passing Grade: A grade of D (60) is the minimum passing grade for this course.
Grades of less than D are not acceptable for credit towards graduation in this course.
Learners will write tests on dates specified.
VI. RESOURCES
Required Text Books
Supplements
1. Joseph Martocchio (2011). Strategic Compensation: A Human Resource
Management Approach: International Edition, 6/E, McGraw Hill.
2. Joseph Martocchio (2010). Employee Benefits. McGraw Hill.
3. Joseph Martocchio, (2009). Strategic Compensation: A Human Resources
Management Approach 5th Edition, Prentice Hall
Course Description
This is a major course introducing the students with various areas of
compensation and benefit practices including compensation strategies, job-based
structure, job evaluation, building and maintaining compensation structure,
incentive plans, pay for performance, employee benefits and legal issues in
compensation. Attention is given to some specific topics from these areas so
more in-depth understanding of crucial concepts/methods is attained
Purpose
The course aims at providing a solid understanding of the art of compensation
practices and its role in promoting companies’ competitive advantage, as well as
to prepare students to assume the role of a compensation specialist.
CLO1 √
CLO2 √
CLO3 √
CLO4 √
CLO5 √
CLO6 √
CLO7 √
When completing this table, kindly explain how the instructional strategies and
assessment tools will help you achieve the required CLOs and subsequently the
relevant QFE strands (K: knowledge, S: skills, C1 Autonomy and Responsibility, C2:
Role in Context, C3: Self Development).
resour
ces
Unit 1:
Introduction to Compensation and its Strategic Role.
Similarities and differences in strategies Ch
Strategic choices 1
1,2 1
Support business strategy
The pay model guides strategic pay decisions
Developing a total compensation strategy: four
steps
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Issue 17/06/2014 Revision Date 19/02/2020 Form No. ECT-ACAF-ACAFO- FRM.016
Course Syllabus
3 Unit 2:
Compensation Strategy Ch 2
Compensation strategy: internal alignment
Structures vary among organizations 1
What shapes internal structures?
Strategic choices in designing internal structures
Consequences of structures
Unit 3:
Job Analysis
Structures based on jobs, people, or both
Job-based approach: most common Ch
4 4 2
Job analysis procedures
Collecting information
Job descriptions summarize the data
Judging job analysis
Unit 4:
Job Evaluation
Job-based structures: job evaluation
Defining job evaluation: content, Value, and Ch 2,3
5 external market links 5
Major decisions in job evaluation
Methods of evaluating jobs
Who should be involved?
The final result: A job hierarchy
Unit 5:
6 Person-Based Structures Ch
Person-based structures: skill plans 6
Skills analysis 3
Internal alignment reflected in structures
Administering the plan
Unit 6:
Defining Competitiveness
The importance of external competitiveness to Ch
the pay model. 7 4
7+8 The factors influencing external
competitiveness.
Labor market factors and organizational factors
in determining external competitiveness.
Different pay policy decisions.
16
Individual Project Presentation