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HR 434 Compensation Management
Snow, Levi W.


Mission Statement: Park University provides access to a quality higher education experience that prepares a diverse community of learners to think critically, communicate effectively, demonstrate a global perspective and engage in lifelong learning and service to others.

Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.

Course

HR 434 Compensation Management

Semester

S2J 2012 DN

Faculty

Snow, Levi W.

Title

Adjunct Faculty

Degrees/Certificates

B.A. Sociology, Park College (University) 1974
Executive Fellows M.B.A.,  Rockhurst College (University) 1996

Daytime Phone

Work #: 816-983-8901

Other Phone

Cell #. 913-908-5612

E-Mail

Levi.Snow@park.edu

levi.snow@huschblackwell.com (preferred contact)

Semester Dates

March 19 through May 13th, 2012

Class Days

---R---

Class Time

5:30 - 9:50 PM

Credit Hours

3


Textbook:

Compensation Management in a Knowledge-Based World
Author: Henderson, Richard I.
Edition: 10TH 06
ISBN-10: 0-13-149479-1
ISBN-13: 978-0-13-149479-4
Publisher: Prentice Hall, Inc.

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. The Student will receive cognitive knowledge of compensation management practices
  2. Oral and written communications is a significant part of the learning  process necessary for students acheivement
  3. Students will develop/improve in their logic and reasoning
  4. Students are expected to question and  explore how compensation management can improve their career and success for your company/business
Core Assessment:
Final Exam and Case Study Report

Link to Class Rubric

Class Assessment:

Students will be required to complete all assignments.  Since we will ALL be sharing our educational and work life experiences during this learning process, class attendance and participation are absolutely essential.  Reading, written current event reports, and oral presentation assignments will be the launching point of many class activities. Satisfactory participation in this class may prove difficult if you have not completed the required reading assignments.

 

Oral Presentations

 

You will complete various oral presentations throughout the class. You will be giving presentations on current events, assigned topics and chapters as discussed on the first evening of class.

Current Events

 

You will be providing two current event oral assignments. These will be a review of one or more articles that you feel is relevant to the discussion taking place that evening. Appropriate communication skills are a necessity for success in the business world.  You may utilize a variety of business resources such as newspapers, trade magazines, Internet, etc. Please bring a copy of the article(s) to class. Articles should be no older than 1 year and can be about any human resource compensation/benefit topic of your choice. Use your professional experiences to add insight in explaining the theory, topic or concept being explored. Be sure to answer the “So what?” question and explain what value this adds to you as a businessperson. Two to three minute oral reviews will be given in class on each current event.

 

Chapter Reading Assignments

 

The listed chapters should be read prior to class and students should be prepared for discussion of chapters in class.
 
Case Studies will be done throughout the class.

Grading:

Current Events                                                              100

Chapter Facilitation                                                        200

HR Resource Assignment                                              100

Final                                                                              300

Quizzes/Participation/Case Studies                                  300

 

Total points possible                                                      1000

 

A         90 – 100%

B          80 – 89%

C          70 – 79%

D         60 – 69%

F          59 and below

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:

1. Instructor is not responsible for contacting absent students or providing items from missed classes.

2. Be prepared for class. This means that you have read the assigned readings and are prepared to discuss them. Quizzes may be given at the beginning of class. Tardy arrival or early departure may result in missing a quiz. For late arrivals or early departures, no makeup quizzes will be given unless the student produces a written excuse signed by a doctor (with the doctor’s registration number) in the case of illness, or a tow bill from a tow company in the case of car problems. A written excuse from the campus nurse is acceptable. The same requirement applies to illness of children. Instructor understands there may be conflicts, but it is the student’s responsibility to notify instructor of absences prior to class.

3. This course will consist of class discussion, small group discussion, group work, and lecture. You are expected to take part in the discussions and group work. Your in-class participation is evident in your grades through the oral presentations, chapter discussions, etc. Also, assigned reading will not always be reviewed in class, but quizzes will be from both assigned readings and class discussions.

4. Computers make writing and revising much easier and more productive. Students must recognize though that technology can also cause problems. Printers run out of ink and hard drive crash. Students must be responsible for planning ahead and meeting deadlines in spite of technology. Be sure to save copies of your work to disk, hard drive, and print out paper copies for backup purposes.

5. No late assignments are accepted for any reason without the written excuses designated in #2. Excused absences producing late assignments received more than 1 week from due date are given a 0.

6. Attendance is taken at the beginning and end of class. You must be present at both to receive the participation points in full for the evening along with active participation in class discussions.

7. Extra credit may be given equally to all students at the discretion of the instructor. Do not count on extra credit for your grade.

Classroom Rules of Conduct:

*Chapters for the week should be read and ready for discussion prior to class. Students are responsible for all information in the chapters whether or not the specifics are discussed in class.

*Instructor reserves the right to make changes to the session assignments schedule as needed and students will be notified of such changes in class.

Course Topic/Dates/Assignments:

Week # 1, Introduction/Course Overview, Chapter 1
 
1. Course syllabus will be reviewed. 2. A pre-test will be given to determine the students current knowledge of compensation principles. 3. Study groups will be determined. 4.Outline of the next 7 weeks of class instruction and student expectations will be discussed. 5. Homework assigment, due week # 2 will be given. 6. Review of Chapter #1.
 
Week # 2, Chapters 2 & 3
 
1. Students will review their homework witthin their study groups. providing (1), study group answers and (2). their individual answers to assignment, prior to turning in for grading.Students willl identify the subject of essay #1, (3-5 pages), due week #3. 2. Students will watch compensation management related video and discuss following review.
 
Week # 3, Chapters 4 & 5;
 
 Essay # 1 Due. 1. Lecture, 2. review of chapters 1, 2 and 3. Prepare for take home test, chapters 1-5. 3. Complete in class assignment within study group.
 
Week # 4, Chapters  6, 7 & 8
 
 1. Formal Individual /team presentations. 2.Take home tests due. Students will review their test within their study group and turn in study group test answers. Individual test answers can not be changed! Study group responses to the test will be turned in for grading. 2. Individual Presentations based upon pre-approved compensation subject. Essay # 2 assigned to students (8-10 Pages), due week #6.
 
Week # 5, Chapters 9, 10, & 11
 
1. In class test covering chapters #6, #7 and #8. 2. Lecture; review of chapters #9, #10 and #11. 3. Students will answer the questinons at the end of each chapter; Chapters #9, #10 and #11. 4. Study groups to discuss/prepare for study group presentations  scheduled for week #8. Subject to be submitted for final individual presentations scheduled for week # 7. students will watch video #2,  related to compensation management. Study groups to discuss video and individual students will provide written summary perspective of the specific compensation information contained in the video. 
 
Week # 6, Chapters 12, 13, & 14
 
1. Essay # 2 due! 2. Lecture, which includes a review of chapters #12, #13 & #14. 3. Students will take a tests covering chapters #12, #13 & #14. 4. Individual meeting with the Professor regarding student progress and discussion of individual presentations taking placew week # 7.
 
 
Week # 7, Chapters 15 & 16
 
1. Individual student Presentations. 2. Lecture, covering chapters 15 & 16. 3. Students will complete in class, answers to the questions at the end of chapters #15 & #16. 4. Essay #3, ( 20-25 pages) to be turned in for grading.
 
 
Week # 8, Chapters 17 & 18;
 
1. Final Team presentations. Presentations to include PowerPoint and hand outs. Presentation must engage the fellow students and the professor. Presentations will receive both a team grade and  individual student grade.  2. Final Exam. 3. Lecture, reviewing entire Compensation Managent Course.

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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2011-2012 Undergraduate Catalog Page 93

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. from Park University 2011-2012 Undergraduate Catalog Page 93
Your paper will receive an "F" and could result in an "F" in the course.

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 2011-2012 Undergraduate Catalog Page 96

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 

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Last Updated:3/18/2012 3:10:58 PM