PERFORMANCE APPRAISAL & COMPENSATION
PERFORMANCE APPRAISAL & COMPENSATION
MGT 4485 TDAA
Spring Semester, 2013
Robert Wheatley, Ph.D.
Associate Division Chair
Management & Marketing
Professor of Management
257 Bibb Graves Hall
Sorrell College of Business
Troy, AL 36082
STUDENTS: Put MGT 4485 TDAA in the subject line of all emails.
Always key your full name at the end of your emails; your instructor will not respond when these email (and general ethical) conventions are not followed.
Please Note: To get credit for all work, individuals and groups must post or submit assignments before 11:00 p.m. CTZ on the date specified, by an MS Word document email attachmentNOT in the body of the email message, by posting to the appropriate Blackboard Course Section, or by using the Blackboard Digital Drop Box. ALWAYS use the following protocol for your email Subject line: (MGT 4485 TDAA, Group [ # ] (if appropriate), Week [ # ], Assignment [ # ] so that you will be readily identified and given credit for your work. ALWAYS start the Subject line with MGT 4485 TDAA for individual email messages as well.
Note: The instructor reserves the right to make minor changes to the course syllabus prior to or during the term. The instructor will notify students, via email or Blackboard announcement, when changes are made in the requirements and/or grading of the course.
Tuesday & Thursday: 12:45 p.m.-2:45 p.m.
Wednesday: 9:30 a.m. to 12:00 p.m.
Other times by appointment
TIME OF CLASS
10:00 to 11:15 a.m. T, R
219 Bibb Graves Hall
Students must have the knowledge and skills necessary to perform at the undergraduate level, as well as certain personal characteristics to complete the course in a timely fashion. They must also have a satisfactory level of technical competence to be able to navigate Blackboard, the Internet, and the Troy University Library online. A sufficient business academic background is required for successful course completion. Business experience would be helpful.
STUDENT EXPECTATION STATEMENT:
Academics: I expect students to read the required material in advance, review the end-of- chapter items and ask questions to check their understanding, monitor the announcements page for course updates, check their emails regularly, participate meaningfully in all discussions, complete exams on the scheduled day, and submit assignmentsall in a timely manner as scheduled. All grades are earned, and good grades are the result of personal commitment and substantial effort.
If problems arise, students are expected to contact me as soon as possibleprior to the due dateto discuss the problem.
Addresses theory, principles, practices, and legal requirements linking effective performance management and compensation and benefit systems in organizational settings. Prerequisite: MGT 3371.
To provide basic knowledge of performance appraisal, compensation, and benefits programs, in preparation for entry-level management positions. BABA/BSBA Management major specified elective (General Management or Human Resource Management concentration).
STUDENT LEARNING OUTCOMES/COURSE OBJECTIVES:
On completion of the course, the student should be able to:
1.Explain concepts and methodologies related to compensation and appraisal.
2.Apply concepts and principles to new business situations.
3.Develop a clear and well organized research project.
4.Diagram, illustrate, and evaluate strategies, including motivation theories, the choice of measurement scales, survey methods, and instrumentation.
5.Evaluate research-generated material, including secondary data.
6.Analyze and interpret material using appropriate statistical methods.
7.Apply critical, scientific, and ethical thinking to solving compensation-related problems.
8.Complete a business research project, properly displaying data.
9. Solve problems
10. Participate fully and voluntarily in class
11. Critically review work, accept suggestions, and make revisions
12. Understand the various components of an organizations employee reward system and the effects of compensation on employees and organizations.
13. Develop job descriptions from raw data gathered via job analysis.
14. Evaluate jobs using the job evaluation methods of ranking, classification, point methods, etc.
15. Develop a pay structure using raw data gathered using a wage survey.
16. Understand the rationale for and methodology of using team-based and performance-based pay systems.
17. Understand the short-term and long-term incentive and employee benefits and service options available to organizations.
18. Understand the options and rationales for compensation systems for various special employees
groups such as executives and professionals.
19. Review the legislation which applies to compensation management in the United States and to
interpret the Fair Labor Standards Act in classifying jobs by exemption status.
20. Analyze jobs using several job analysis methods.
21. Develop a compensation system from start to finish
22. Design a legally defensible compensation system.
23. If given wage survey data, analyze it, and set appropriate wage rates.
24. Design a legally defensible performance appraisal instrument.
25. If given a specific job to evaluate, develop appropriate performance standards and metrics.
26. Give constructive performance feedback
27. Develop a balanced scorecard with appropriate metrics
28. Conduct performance appraisal using traditional and modern performance management scales and formats.
29. Appraise performance using advanced concepts and techniques of developing human potential.
30. Apply principles of job evaluation and market wage data to design an internally consistent, externally equitable, and competitive pay structure across an organization.
31. Identify and describe defined-benefit and contribution retirement plans, medical-benefit plans, and cafeteria plans.
32. Understand key laws and regulations affecting compensation and benefits, including Title VII of the Civil Rights Act of 1964 as amended, minimum-wage and overtime laws, and ERISA.
TEXTBOOK(S) AND/OR OTHER MATERIALS NEEDED:
Compensation, (2011, Tenth Edition), Milkovich, Newman, & Gerhart; McGraw-Hill/Irwin
Students should have their text the first week of class. Not having your book will not be an acceptable excuse for late work.
1. One CD for use in the course. Each CD must contain the following information marked externally on it: (1) the student's name, (2) the course and section numbers (MGT 4485 TDAA), and (3) the Page Number of the assignment or the assignment title. The Volume label on the CD should be the student's name. All CDs must contain ONLY the relevant file (assignment) with an appropriate file name. No other files are to be on the CD.
2. Narrow-lined notebook paper, plain unlined paper, and printer paper.
3. Have available a calculator with statistics functions.
To Be Announced
PAC Research Project (due: 4/11 at 10 a.m. CTZ)
During the first week, students will be assigned to teams to complete a Performance Appraisal and Compensation (PAC) research project. Each team is to complete a unique project for a specific position/job and organization. The position/job and organization are selected by each group (priority by date/time submitted).
1. Describe a company, firm, or other organization.
a. Select one organization and describe it.
1. Mission, Vision, Values, Philosophy, Goals, Strategy, Pay Philosophy
b. General Description
1. Size, Structure, Markets, etc.
c. Individual Level for a position in which you are interested.
1. Tasks, Knowledge, Skills, Abilities
2. Describe a job, position, etc.
a. Select a position in which your team is interested.
b. Visit O*NET (http://online.onetcenter.org/) & write a summary of each of the
sections: Tasks; Tools & Technology; Knowledge, etc.
c. Attach a copy of your O*NET Summary Report.
d. Visit the state of Alabama for state information on your position & write a summary of it.
e. Attach a copy of your Alabama summary information.
f. Visit another state of your teams choice and provide information on it for the same position.
g. Attach a copy of this states summary information.
h. Get the information for the same position for another country.
i. Attach a copy of this countrys summary information.
3. For your position/job, interview one job incumbent or former job incumbent, & write a summary of that interview (tasks, etc.). Include in your summary how that individual gets evaluated (and include a copy of the rating/evaluation form if possible).
4. For your position/job, interview one job supervisor or former job supervisor, & write a summary of that interview. (Include in your interview and summary a section on how people that normally hold this position are paid & evaluatedhow often, by whom, etc.)
5. Compare the pay for your position in one city in the state of Alabama and one city in another state, and write a summary of that comparison.
6. Using one online reference and your interviews, write an employee development plan (plan includes OJT, courses, mentoring, conferences, training, job rotation, professional memberships, etc.). (Include references.)
EXAMPLES OF REPUTABLE JOURNALS FOR THE RESEARCH ARTICLE INDIVIDUAL EXERCISE (primarily in Management & Psychology, and mostly Peer-Reviewed):
Academy of Management Journal; Academy of Management Review; Administrative Science Quarterly; Organization Science; Strategic Management Journal; Management Science; Leadership Quarterly; Organizational Behavior & Human Decision Processes; Journal of Management; Journal of Management Studies; Journal of Applied Psychology; Journal of Vocational Behavior; Journal of Organizational Behavior; Personnel Psychology; Psychological Bulletin; Journal of Personality & Social Psychology; Human Relations; Journal of Occupational & Organizational Psychology; Harvard Business Review; Applied Psychology: International Review; American Psychologist
METHOD OF EVALUATION:
Test 1 35% of final grade
Test 2 35% of final grade
PAC Major Individual Project 20% of final grade
Case Analyses, Assignments, Quizzes, Group Responsibilities, Etc.
10% of final grade
30 % of final grade
NO DROP PASSING WILL BE GRANTED/RECORDED AFTER 3/18.
No extra work (beyond the work that appears on our Syllabus) will be assigned for any reason.
ASSIGNMENT OF GRADES:
All grades will be assigned according to the following scale:
F59% and below
FA:FA indicates the student failed due to attendance. This grade will be given to any student who disappears from the course for three or more weeks. See the Attendance section of this syllabus for additional information.
TEST EVALUATION CRITERIA:
Our tests will consist of mostly open-ended, subjective, or applied items. Answers to questions will be evaluated, in part, using the following criteria:
1. Readability--Can I read it?
2. Did you answer the question, and all parts of the question (not some other question, and no parts of the answer are missing)?
3. Did you prominently use the material in this course to answer the question --especially, did you use a perspective developed in this course in your answer?
4. Is there a logical structure and flow to your answer?
5. Can you "integrate"--that is, put more than one idea together, or, apply a theory to a real problem?
Please especially note #3 above. An answer can be well written with excellent logic, but still fail to achieve a high grade because it does not clearly demonstrate a linkage to our course material.
INCOMPLETE WORK POLICY
Incomplete work at the end of the term will not be accepted. All work eligible to be made up will be made up within one week. No assignments in addition to those given or administered in class will be given to any individual.
AMERICANS WITH DISABILITIES ACT (ADA):
Troy University supports Section 504 of the Rehabilitation Act of 1973 and the Americans With Disabilities Act of 1990, which insure that postsecondary students with disabilities have equal access to all academic programs, physical access to all buildings, facilities and events, and are not discriminated against on the basis of disability. Eligible students, with appropriate documentation, will be provided equal opportunity to demonstrate their academic skills and potential through the provision of academic adaptations and reasonable accommodations. Further information, including appropriate contact information, can be found at the following link: http://www.troy.edu/humanresources/ADAPolicy2003.htm.
HONESTY AND PLAGIARISM:
The awarding of a university degree attests that an individual has demonstrated mastery of a significant body of knowledge and skills of substantive value to society. Any type of dishonesty in securing those credentials therefore invites serious sanctions, up to and including suspension and expulsion (see Standard of Conduct in each TROY Catalog). Examples of dishonesty include actual or attempted cheating, plagiarism*, or knowingly furnishing false information to any university employee.
*Plagiarism is defined as submitting anything for credit in one course that has already been submitted for credit in another course, or copying any part of someone elses intellectual work their ideas and/or words published or unpublished, including that of other students, and portraying it as ones own. Proper quoting, using strict APA formatting, is required, as described by the instructor. All students are required to read the material presented at: http://troy.troy.edu/writingcenter/research.html
Students must properly cite any quoted material. No term paper, business plan, term project, case analysis, or assignment may have no more than 20% of its content quoted from another source. Students who need assistance in learning to paraphrase should ask the instructor for guidance and consult the links at the Troy Writing Center.
This university employs plagia...