Syllabus Entrance
Printer Friendly
Email Syllabus

HR 434 Compensation Management
Corum, Kristin B.


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

F1WW 2009 WN

Faculty

Corum, Kristin B.

Title

Human Resource Manager at SM&P Utility Resources

Degrees/Certificates

Master of Arts in Human Resources
Bachelor of Science Management/Marketing
Certificate of Graduate Studies in Human Resource Management

Office Location

Kansas City, MO

Daytime Phone

(816) 517-2211

Other Phone

(816) 517-2211

E-Mail

kristin.corum@park.edu

kbcorum@comcast.net

Class Days

----M--

Class Time

5:30 - 9:50 PM

Prerequisites

AC202 and HR 353

Credit Hours

3


Textbook:

Strategic Compensation, 5th edition, by Martocchio, ISBN 0-13-600744-9, pub. by Prentice Hall.

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

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:
HR 434 Compensation Management: 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 employers point of view. 3:0:3. Prerequisite: AC202 and HR 353

Learning Outcomes:
  Core Learning Outcomes

  1. Identify three key processes and systems in the compensation management field.
  2. Describe three current, Compensation Management issues
  3. Identify the differences between direct and indirect compensation and define each of the direct and indirect forms of compensation described in the text.
  4. Apply the Key Steps to Formulate a Total Compensation Strategy.
  5. Identify the dimensions that comprise a pay structure and factors that influence the structure.
  6. Explain the differences between job-based, knowledge-based and competency-based pay structure.
  7. Describe the legally required benefits by employee class.


  Instructor Learning Outcomes
  1. Identify opportunities within an organization and how they relate to compensation.
  2. Implement the process of a compensation plan.
  3. Develop a cost benefit analysis of a compensaton plan.
  4. Develop the ability to present compensation plans with acceptance.
Core Assessment:
Final Exam and Case Study Report

Link to Class Rubric

Class Assessment:

Each student will be responsible for reading and being prepared to discuss the assigned reading each week.
 
Weekly assignments will include multiple choice questions, essay questions or case studies each week.  Students will be grouped in teams or pairs to complete the assignments depending on the number of students in the class. 
 
A Project paper will be completed and turned in on week seven.  A draft of each section of the paper will be due each week.  The topic must relate to compensation and the text.  A list of topics will be provided as examples, but students may use their own ideas as topics.  All topics must be approved by the instructor by the third week of class.  The body of the paper will be a minimum of eight pages, use New Times Roman or Arial font size 12, margins must be one inch, include a minimum of five sources.  All sources must be cited.  Include a cover page, table of contents page and sources cited page (these do not count toward the 8 page minimum.)
 
A presentation will be given by the students on week seven covering their research paper.  Students should use a minimum of two visual aides.  The length of the presentation will be determined on the class size.
 
A final examination will be given on the eigth week of class and be worth 30% of the final grade.

Grading:

Class Participation                           80 points
Weekly Project Draft                       70 points
Weekly Assignment                       165 points
Research Paper                             100 points
Presentation                                     50 points
Final Exam                                     200 points
Total                                              665 points

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business.

Late Submission of Course Materials:
Assignments must be turned in at the beginning of each class.  An electronic copy must be turned in through the digital dropbox and a hard copy submitted in class to the instructor.  Late assignments will not be accepted and a grade of zero will be assigned.  If students have an excused absence and must miss class, they will need to submit the weekly assignments to the instructor through the digital dropbox by the time of the regular class starting time.
 
Students must be present through the entire class to obtain full participation points unless there is an excused absence.
 
Documentation must be provided to obtain an excused absence such as a letter from an employer on letterhead for work purposes.
 

Classroom Rules of Conduct:

Students will learn from one another through class participation and working in groups.  It is imparitive all students attend every class in order for students to receive the full benefit of attending a class with experienced working students.  Students are expected to be on time and attend each class.  If a student will not be in attendance, he/she must notify the instuctor in advance if possible. 
 
Come to class prepared to discuss assigned chapters and assignments.
 
Turn off cell phones during class.
 
All students should be respectful of others throughout the class including discussions, presenting and group activities. 

Course Topic/Dates/Assignments:

Week      In Class                      Discuss Chapters                  Assignment
1            Review syllabus           1, 2, 3                                  Read 4, 5, 6,  & Weekly Assignment
2            Discuss Assignments    4, 5, 6                                  Reacd 7, 8,   Project Company and
                                                                                             Assesment & Weekly Assignment
3            Discuss Assignments    7, 8                                      Read 9, 10    Project Opportunity & Weekly Assignment
4            Discuss Assignments    9, 10                                    Read 11, 12  Project Plan & Weekly Assignment
5            Discuss Assignments    11, 12                                  Read 13, 14  Project Budget & Weekly Assignment
6            Discuss Assignments    13, 14                                  Final Research Draft & Weekly Assignment
7            Research Paper/Presentations                                  Review for Final & Weekly Assignment
8            Final                                                                        
 

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 2008-2009 Undergraduate Catalog Page 87

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 2009-2010 Undergraduate Catalog Page 92

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 "F".
  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 2009-2010 Undergraduate Catalog Page 95

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 .



Rubric

CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
Synthesis                                                                                                                                                                                                                                                  
Outcomes
1 - Examine the current state of compensation decision making.                                                                                                                                                                                                                                                                                                                                                                                                                                                       
Explains the current state of compensation decision and. recommend at least three ways to deal with the issues, and supports the recommendations by referring to specific theories and concepts. Explains the issues surrounding the organization and recommends at least two ways to deal with the issues. Provides an incomplete or inaccurate analysis and/or less than two alternative solutions. No answer or insignificant explanation 
Analysis                                                                                                                                                                                                                                                   
Outcomes
2 - Articulate the implications of recent theoretical and research developments related to compensation decisions                                                                                                                                                                                                                                                                                                                                                                                                    
Provides an explanation of the implications of recent theoretical and research developments related to compensation decisions. Provides a minimal explanation of the implications of recent theoretical or the research developments related to compensation decisions Provides an incomplete or inaccurate explanation of the implications of recent theoretical or the research developments related to compensation decisions No answer or insignificant explanation 
Evaluation                                                                                                                                                                                                                                                 
Outcomes
2, 10, 21 - Describe the difference between direct and indirect compensation and define each of the direct and indirect forms of compensation described                                                                                                                                                                                                                                                                                                                                                              
Submits a very complete, thorough articulation and description of the difference between direct and indirect compensation and define each of the direct and indirect forms of compensation described by the text.



 
Articulates the difference between direct and indirect compensation or defines a minimum of the direct and indirect forms of compensation described by the text.



 
Provides an incomplete or inaccurate articulation of the  difference between direct and indirect compensation or defines one of the direct and indirect forms of compensation described by the text No answer or insignificant explanation 
Terminology                                                                                                                                                                                                                                                
Outcomes
1, 25 - Explain the application of “The Pay Model” as presented in the text.                                                                                                                                                                                                                                                                                                                                                                                                                                         
Provides an accurate and complete presentation of the application of “The Pay Model” as presented in the text.



 
Provides a partial description of the application of “The Pay Model” as presented in the text.



 
Provide an incomplete or inaccurate description the application of “The Pay Model” as presented in the text No answer or insignificant explanation 
Concepts                                                                                                                                                                                                                                                   
Outcomes
6, 7 - the principles of employee motivation and compensation.                                                                                                                                                                                                                                                                                                                                                                                                                                                       
Explains accurately 100%  the principles of employee motivation and compensation and

develop a total reward system/pay for performance plan.



 
Articulate 80% of the principles of employee motivation and compensation and

Demonstrate a minimal total reward system/pay for performance plan.



 
Provides the 50% of the principles of employee motivation and compensation.

develop a minimal total reward system/pay for performance plan.



 
No answer or insignificant explanation 
Application                                                                                                                                                                                                                                                
Outcomes
3, 17, 20, 22, 25 - Explain the Key Steps to Formulate a Total Compensation Strategy.                                                                                                                                                                                                                                                                                                                                                                                                                                
Articulate accurately the Key Steps to Formulate a Total Compensation Strategy. Articulate accurately a three or less of the Key Steps to Formulate a Total Compensation Strategy Inarticulate the Key Steps to Formulate a Total Compensation Strategy No answer or insignificant explanation 
Whole Artifact                                                                                                                                                                                                                                             
Outcomes
13, 7, 8, 14 - Illustrate how to design strategies that can be used to improve the accuracy of performance appraisals.                                                                                                                                                                                                                                                                                                                                                                                               
Explain how to design strategies that can be used to improve the accuracy of performance appraisals. Articulate a 80% of the process how to design strategies that can be used to improve the accuracy of performance appraisals. Inaccurately explain the process of how to design strategies that can be used to improve the accuracy of performance appraisals. No answer or insignificant explanation 
Component                                                                                                                                                                                                                                                  
Outcomes
5, 6, 7, 8, 24 - Explain the advantages and disadvantages of Person-Based Internal Structure and how to develop both a Person Based Skill and Competencies based structure.                                                                                                                                                                                                                                                                                                                                          
Articulate accurately the advantages and disadvantages of Person-Based Internal Structure and how to develop both a Person Based Skill and Competencies based structure.



 
Explain a 80% of the advantages and disadvantages of Person-Based Internal Structure and how to develop both a minimal Person Based Skill and Competencies based structure.



 
Inaccurately explain the advantages and disadvantages of Person-Based Internal Structure and how to develop both a Person Based Skill and Competencies based structure.



 
No answer or insignificant explanation 

Copyright:

This material is protected by copyright and can not be reused without author permission.

Last Updated:8/25/2009 9:08:56 PM