HR Metrics and Total Rewards

Curriculum Guideline

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Course
BUSN 3354
Discontinued
No
Course Code
BUSN 3354
Descriptive
HR Metrics and Total Rewards
Department
Business
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
202030
PLAR
No
Semester Length
15 Weeks
Max Class Size
35
Contact Hours

Weekly Distribution:

  • Lecture: 3 hours
  • Seminar: 1 hour
Method(s) Of Instruction
Lecture
Seminar
Online
Hybrid
Learning Activities

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

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
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.
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%

 





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.

Prerequisites