Give main information to the students about wages policy and reward systems applied in businesses.
Course Content
This course contains; Identification of the basic components of wage management and wages,Characteristics and usage areas of wage systems,Purpose and benefits of job evaluation,Job evaluation methods,Definition, purpose and types of market wage survey,Job charcing: personal and work-based charcing methods,Wage components, deductions and discounts,Gross and net wage differential, net wage calculation,Basic concepts in rewarding, aims of rewarding systems,Theoretical bases of reward systems and impact on employee motivation,Basic concepts for developing a rewarding strategy, reward strategy and alignment with business strategy,Steps to reward strategy,Purposes and benefits of reward systems,Establishment stages of the formal reward system and basic features of an effective reward system.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to evaluate wages policies applied in businesses.
9
A, E
1.1 Define wage and basic components.
1.2 Explain the importance of wage management.
1.3. Define what the main wage structures are and how they are applied.
2. Will be able to interpret job evaluation methods.
13, 6, 9
A
2.1 Explain the purposes and main benefits of job evaluation.
2.2 Express how job will be valued according to major job evaluation methods.
2.3 Explain how the information obtained from the job evaluation is used.
3. Will be able to compare the market wages of jobs.
13, 9
A
3.1 Restate the forming stages of a formal-system market wage survey.
3.2 Explain the differences between work-based structures and person-based structures.
3.3 Distinguish the coverage and discontinuity of wages.
4. Will be able to express rewarding strategies.
9
A
4.1 Recognize the basic concepts of rewarding strategies.
4.3 Interpret the relation of rewarding strategy with business strategies.
5. Will be able to explain reward systems.
16, 9
A
5.1 List the different types of prizes that are used to motivate employees in businesses.
5.2 Describe the establishment phases of a formal reward system.
5.3 Summarize the features of an effective reward system.
Teaching Methods:
13: Case Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam, E: Homework
Course Outline
Order
Subjects
Preliminary Work
1
Identification of the basic components of wage management and wages
2
Characteristics and usage areas of wage systems
3
Purpose and benefits of job evaluation
4
Job evaluation methods
5
Definition, purpose and types of market wage survey
6
Job charcing: personal and work-based charcing methods
7
Wage components, deductions and discounts
8
Gross and net wage differential, net wage calculation
9
Basic concepts in rewarding, aims of rewarding systems
10
Theoretical bases of reward systems and impact on employee motivation
11
Basic concepts for developing a rewarding strategy, reward strategy and alignment with business strategy
12
Steps to reward strategy
13
Purposes and benefits of reward systems
14
Establishment stages of the formal reward system and basic features of an effective reward system
Resources
Milkovich, G. T. and Newman J. M. (2002). Compensation. 7th ed., Boston: McGraw-Hill.
Armstrong, M. (2006). Armstrong’s Handbook of Reward Management Practice, London: Kogan Page.
Benligiray, S. (2007). Ücret Yönetimi. İstanbul: Beta Basım.
Çetin, Canan, ve Esra Dinç Özcan. (2014). İnsan Kaynakları Yönetimi. İstanbul: Beta Basım.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of HRM.
X
2
Describes the necessary quantitative and statistical methods in the field of HRM.
X
3
Uses at least one computer program in the field of HRM.
X
4
Sustains proficiency in a foreign language required in HRM.
5
Prepares HR projects and leads teams.
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of HRM.
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
12
Have the necessary skills to ascertain person-job fit and person-organization fit.
13
Have enough knowledge to put forward some ideas in all business functions and have aptitude to collaborate with other departments.
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
40
Rate of Final Exam to Success
60
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
3
42
Guided Problem Solving
4
4
16
Resolution of Homework Problems and Submission as a Report
1
10
10
Term Project
1
15
15
Presentation of Project / Seminar
1
10
10
Quiz
1
5
5
Midterm Exam
2
10
20
General Exam
1
15
15
Performance Task, Maintenance Plan
1
10
10
Total Workload(Hour)
143
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(143/30)
5
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
WAGE and REWARD MANAGEMENT
-
Fall Semester
3+0
3
4
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
First Cycle (Bachelor's Degree)
Course Type
Required
Course Coordinator
Assoc.Prof. Öznur GÜLEN ERTOSUN
Name of Lecturer(s)
Assoc.Prof. Öznur GÜLEN ERTOSUN
Assistant(s)
Aim
Give main information to the students about wages policy and reward systems applied in businesses.
Course Content
This course contains; Identification of the basic components of wage management and wages,Characteristics and usage areas of wage systems,Purpose and benefits of job evaluation,Job evaluation methods,Definition, purpose and types of market wage survey,Job charcing: personal and work-based charcing methods,Wage components, deductions and discounts,Gross and net wage differential, net wage calculation,Basic concepts in rewarding, aims of rewarding systems,Theoretical bases of reward systems and impact on employee motivation,Basic concepts for developing a rewarding strategy, reward strategy and alignment with business strategy,Steps to reward strategy,Purposes and benefits of reward systems,Establishment stages of the formal reward system and basic features of an effective reward system.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to evaluate wages policies applied in businesses.
9
A, E
1.1 Define wage and basic components.
1.2 Explain the importance of wage management.
1.3. Define what the main wage structures are and how they are applied.
2. Will be able to interpret job evaluation methods.
13, 6, 9
A
2.1 Explain the purposes and main benefits of job evaluation.
2.2 Express how job will be valued according to major job evaluation methods.
2.3 Explain how the information obtained from the job evaluation is used.
3. Will be able to compare the market wages of jobs.
13, 9
A
3.1 Restate the forming stages of a formal-system market wage survey.
3.2 Explain the differences between work-based structures and person-based structures.
3.3 Distinguish the coverage and discontinuity of wages.
4. Will be able to express rewarding strategies.
9
A
4.1 Recognize the basic concepts of rewarding strategies.
4.3 Interpret the relation of rewarding strategy with business strategies.
5. Will be able to explain reward systems.
16, 9
A
5.1 List the different types of prizes that are used to motivate employees in businesses.
5.2 Describe the establishment phases of a formal reward system.
5.3 Summarize the features of an effective reward system.
Teaching Methods:
13: Case Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam, E: Homework
Course Outline
Order
Subjects
Preliminary Work
1
Identification of the basic components of wage management and wages
2
Characteristics and usage areas of wage systems
3
Purpose and benefits of job evaluation
4
Job evaluation methods
5
Definition, purpose and types of market wage survey
6
Job charcing: personal and work-based charcing methods
7
Wage components, deductions and discounts
8
Gross and net wage differential, net wage calculation
9
Basic concepts in rewarding, aims of rewarding systems
10
Theoretical bases of reward systems and impact on employee motivation
11
Basic concepts for developing a rewarding strategy, reward strategy and alignment with business strategy
12
Steps to reward strategy
13
Purposes and benefits of reward systems
14
Establishment stages of the formal reward system and basic features of an effective reward system
Resources
Milkovich, G. T. and Newman J. M. (2002). Compensation. 7th ed., Boston: McGraw-Hill.
Armstrong, M. (2006). Armstrong’s Handbook of Reward Management Practice, London: Kogan Page.
Benligiray, S. (2007). Ücret Yönetimi. İstanbul: Beta Basım.
Çetin, Canan, ve Esra Dinç Özcan. (2014). İnsan Kaynakları Yönetimi. İstanbul: Beta Basım.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of HRM.
X
2
Describes the necessary quantitative and statistical methods in the field of HRM.
X
3
Uses at least one computer program in the field of HRM.
X
4
Sustains proficiency in a foreign language required in HRM.
5
Prepares HR projects and leads teams.
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of HRM.
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
12
Have the necessary skills to ascertain person-job fit and person-organization fit.
13
Have enough knowledge to put forward some ideas in all business functions and have aptitude to collaborate with other departments.
