As core components of human resource management system, performance and compensation management play important roles in achieving organizational strategic goals and promote companies’ competitive advantages. This course provides students a comprehensive understanding of performance and compensation management from strategic and systematic perspectives, and knowledge of the relevant practices and skills. The course is designed to discuss the context of performance management and compensation practice, the criteria used to assess performance and compensate employees, and the design and implementation of performance and compensation management. It is important for students to understand the relationship between performance management and compensation management, as well as their connection with organizational strategic goals and other Human Resources Management practices.

CILO-1: Describe the importance of performance and compensation management in organizations; CILO-2: Describe the basic concepts and theories of performance and compensation management. CILO-3: Apply these concepts and theories to analyze organizational practices in performance and compensation management. CILO-4: Design performance and compensation systems that are congruent with the organizational strategies and context.