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HR 434 Compensation Management
Saucedo, Andy


Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.

Course

HR 434 Compensation Management

Semester

F1B 2006 BL

Faculty

Saucedo, Andy C.

Title

Instructor

Degrees/Certificates

M.B.A. - Business Administration
B. S. - Business Administration

Office Location

Faculty Lounge

Office Hours

4:00 p.m.- 5:00 p.m. or by appointment

Daytime Phone

915.253.0517

Other Phone

505.527.7661

E-Mail

andysauce@park.edu

andsauce@nmsu.edu

Semester Dates

August 4 - September 22

Class Days

-----F-

Class Time

5:00 - 10:00 PM

Prerequisites

None

Credit Hours

3


Textbook:
Compensation, 8th Edition by Molovich, Georgr, & Newman, McGraw-Hill  

Textbooks can be purchased though the MBS bookstore

Additional Resources:
Will be supplied per the instructor.

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.


Course Description:
A study of compensation theories, policies, systems and practices with emphasis on the design of effective compensation programs. The course views compensation basically from the employer's point of view. PREREQUISITES: AC202 and HR 353. 3:0:3

Educational Philosophy:

The faciltator's educational philosophy is one based on lectures, readings, exams, video's, case studies, websites, and writings.  The facilitator will engage each learner in what is referred as disputatious learning to encourage the lively exploration of ideas, issues, and contradictions.

  

Learning Outcomes:
  Core Learning Outcomes

  1. Define the term “compensation management.”
  2. Explain how compensation management can impact employee morale, productivity, and turnover.
  3. Explain how compensation management may influence strategic planning and the development of a sustainable competitive advantage.
  4. Describe the activities included in job analysis.
  5. Identify and describe three alternative sources of information for comparisons of compensation patterns.
  6. Describe how pay for performance functions.
  7. Identify four broad categories of government involvement in compensation systems.
  8. Describe the potential role of unions on compensation.
  9. Design a compensation system for a given situation.


Core Assessment:
Final Exam and Case Study Report

Class Assessment:

One Short Mini-paper pertaining to Compensation Management (5 to 6 pages-body)

Mid-Term Essay Exam (Chapters 1-9)

Final Essay Exam (Chapters 10-18) 

Internet Journal Project (Five Internet Analysis Reports pertaining to Compensation Management)

Case Study pertaining to Compensation Management

Performance Appraisal (Develop a new performance appraisal)

 

Grading:

Mini-Paper @ 100 points

Mid-Term Essay Exam @ 100 points

Final Essay Exam @ 100 points

Internet Journal Project @ 100 points

Case Study @ 100 points

Performance Appraisal @100 points

Late Submission of Course Materials:
Forty points will be deducted for late documents.

Classroom Rules of Conduct:
Rules of Conduct will be enforced per the 2006-07 Park University Catalog.

Course Topic/Dates/Assignments:

Week One - August 4

Introductions/Expectations

Lecture - Chapter One - The Pay Model

Lecture - Chapter Two - Strategic Perspectives

Lecture - Chapter Three - Defining Internal Alignment

Week Two - August 11

Lecture - Chapter Four - Job Anaylsis

Lecture - Chapter Five - Evaluation Work:  Job Evaluation

Lecture- Chapter Six - Person Based Structures

Video

Week Three - August 18

Lecture - Chapter Seven - Defining Competiveness

Lecture - Chapter Eight - Designing Pay Levels

Lecture - Chapter Nine - Pay for Performance Plans

Mini-Paper Due

Week Four - August 25

Mid-Term Essay Exam

Week Five - September 1

Lecture - Chapter Ten - Pay Plans

Lecture - Chapter Eleven - Performance Appraisals

Lecture - Chapter Twelve - Benefits Process

Week Six - September 8

Lecture - Chapter Thirteen - Benefits Options

Lecture - Chapter Fourteen - Compensation of Special Groups

Lecture - Chapter Fifteen - Union Role

Case Study

Week Seven - September 15

Lecture - Chapter Sixteen - Internal Pay Systems

Lecture - Chapter Seventeen -  Government & Legal Issues

Lecture - Chpater Eighteen - Budgets & Administration

Final Essay Exam

Week Eight - September  22

Final Essay Exam Overview

Lecture - The Future of Compensation

Internet Project Due

Performance Appraisal Due

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2006-2007 Undergraduate Catalog Page 87-89

Plagiarism:
Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2005-2006 Undergraduate Catalog Page 87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "WH".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2006-2007 Undergraduate Catalog Page 89-90

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .



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Last Updated:7/11/2006 2:10:58 PM