Μάθημα : Πολιτικές Αμοιβών & Παροχών

Course Title

Rewards Management

Instructor’s full name

Dr. Gouras Athanasios

Course Objectives

Upon completion of the course, students will be eligible:

ü  To get an idea of how reward management unfolds

ü  To figure out which steps to follow to set up a reward policy

ü  To delve into job evaluation and market data analysis stages

ü  To familiarize yourselves with basic structuring and grading techniques

ü  To put your knowledge into action by benchmarking with market data

ü  To have a good overview of how you can guide through your consultant to set up the technicalities.

Course Prerequisites

Basic Excel Knowledge

Course Syllabus

ü  Fundamentals of Reward Management

ü  Role clarification & measurement (Assessing Job Size and Relativities)

ü  Analyzing the Market

ü  Grade and Pay Structures / Salary management

Literature References

1.      Armstrong, M. & Cummins, A. (2011) The Reward Management Toolkit: A Step-by-Step Guide to Designing and Delivering Pay and Benefits. Kogan Page, London.

2.      Armstrong, M. & Murlis, H. (2007). Reward Management: A Handbook of Remuneration Strategy and Practice. Kogan Page, London

3.      Brown, D (2001) Reward Strategies; From intent to impact, CIPD, London.

4.      Heneman, R. L. (2007). Implementing Total Rewards Strategies, SHRM

5.      The WorldatWork Handbook of Compensation, Benefits & Total Rewards, John Wiley & Sons, 2017.

Course methods

ü  Lectures

ü  Videos

ü  On the spot case studies

ü  Guest lecturer (full time students)

ü  Hands on benchmarking case study

Course Evaluation

100% via a group case study (4-5 student per group) throughout which they take the role of consultants appointed by a CEO to perform a benchmarking project for the latter to gain a better overview of Greek market salary and benefits standards and consult him upon his decision to Acquire a small insurance company in Greece.

60% comes from Excel performance and 40% from a presentation file (powerpoint presentation of no more than 12 slides)

Key evaluation criteria are:

•        Organisation of the presentation file

•        1^st question performance

•        Excel performance (2^nd question)

•        Matching performance (3^rd question)

•        4^th question performance

•        Additional elements (e.g. organizational charts, divergence charts, statistics and metrics, SWOT analysist and overall comments and suggestions). – bonus