HR Metrics and Total Rewards

Faculty
Commerce & Business Administration
Department
Business
Course Code
BUSN 3354
Credits
3.00
Semester Length
15 Weeks
Max Class Size
35
Method Of Instruction
Lecture
Seminar
Online
Hybrid
Typically Offered
To be determined

Overview

Course Description
This course prepares students to understand the theory and application of human resources metrics. The students will develop critical thinking and knowledge of HR metrics that would be essential to interpreting HR data in the decision making process. This course will also help students to recognize various reward systems to build and maintain a competitive workforce. The students will learn how to develop an effective compensation strategy to create strong employer branding.
Course Content

HR Metrics

Focus Topics:

  1. Challenges and opportunities of optimal decision making and advanced analytics
  2. Collaboration, cooperation, and reciprocity
  3. Value creation and advanced analytics
  4. Human science and selection decisions
  5. Human science and incentives 

Total Rewards

Focus Topics:

  1. Strategy, rewards, and behaviour
  2. Formulating reward and compensation strategy
  3. Determining compensation values
  4. Designing performance pay and indirect pay plans
  5. Implementing, managing, evaluating, and adapting the compensation system
Methods Of Instruction

Lectures, discussions, small-group discussions and/or exercises, case studies, videos, role plays, guest speakers (optional), simulations (optional) and/or project(s).

Means of Assessment
Term Project(s) 15% - 25%
Term Tests and/or Quizzes 20% - 25%
Final Examination 20% - 25%
Cases, Assignments and/or Presentations 20% - 25%
Participation 0% - 10%
Total  100%

Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.





Learning Outcomes

At the end of this course, a successful student should be able to:

  1. examine HR metrics, research, analysis, data, and reporting to meet organizations’ human resource needs;
  2. assess and interpret quantitative and qualitative data to understand the trends in Human Resource Information System (HRIS);
  3. design and create total rewards in attracting, retaining, and motivating the workforce;
  4. evaluate the impact of internal and external factors on compensation management;
  5. design an effective performance management system and compensation strategy.
Textbook Materials

The following materials are required:

[Sesil, J. C. (latest edition). Applying advanced analytics to HR management decisions. Pearson Education. Canada.

And

Biswas, B. D. (latest edition). Compensation and benefit design. Pearson Education, Inc.]

Or

Long, R. J., Singh, P. and Belcourt, M. (latest edition). Strategic compensation in Canada. Nelson Education. Canada.

Or

Any alternative textbook that has been approved by the department.

Or

Custom Coursepack - to be developed by the department.

Requisites

Prerequisites

Corequisites

Courses listed here must be completed either prior to or simultaneously with this course:

  • No corequisite courses

Equivalencies

Courses listed here are equivalent to this course and cannot be taken for further credit:

  • No equivalency courses

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

Course Transfers

Institution Transfer Details Effective Dates
Camosun College (CAMO) CAMO BUS 310 (3) 2020/01/01 to -
Coast Mountain College (CMTN) CMTN BADM 2XX (3) 2020/01/01 to -
College of the Rockies (COTR) COTR MGMT 3XX (3) 2020/01/01 to -
LaSalle College Vancouver (LCV) LCV BUS 3XX (3) 2020/01/01 to -
Northern Lights College (NLC) NLC MGMT 1XX (3) 2020/01/01 to -
Okanagan College (OC) OC BUAD 3XX (3) 2020/01/01 to -
Quest University (QU) QU TRN 1XXX (3) 2020/01/01 to -
Thompson Rivers University (TRU) TRU HRMN 4XXX (3) 2020/01/01 to -
University Canada West (UCW) UCW BUSI 3XX (3) 2020/01/01 to -
University of Northern BC (UNBC) UNBC COMM 2XX (3) 2020/01/01 to -
University of the Fraser Valley (UFV) UFV BUS 406 (3) 2020/01/01 to -

Course Offerings

Fall 2021

There aren't any scheduled upcoming offerings for this course.