Syllabus for Roster(s):

  • 14Su HR 5030-701 (SCPS)
In the UVaCollab course site:   14su HR5030-701

14suHR5030 Compensation Strategy

HR 5030

Explores strategic choices in managing compensation through a pay model that is based upon the foundational policy decisions of the compensation system, the means of compensation, and the objectives of the compensation. Includes strategic perspectives, internal consistency, external competitiveness, employee contributions, and administration of the pay system efficiently, equitably, and in compliance with the law.

Learning Outcomes:

Students will understand the legal and discretionary compensation benefits available and the costs related to these benefits.  This understanding will come from the material in the book, student and team research and examining various case studies.

HR5030 Compensation Strategy

HR 5030 701– Summer 2014

Course Overview and Syllabus

Class Overview

Instructor Name and UVa Email Contact Information:

Perry Heil, Ph.D.  ph9m@virginia.edu

Class Description (Use the SIS 400 characters from catalog description):

HR 5030

Explores strategic choices in managing compensation through a pay model that is based upon the foundational policy decisions of the compensation system, the means of compensation, and the objectives of the compensation. Includes strategic perspectives, internal consistency, external competitiveness, employee contributions, and administration of the pay system efficiently, equitably, and in compliance with the law.

Learning Outcomes:

Students will understand the legal and discretionary compensation benefits available and the costs related to these benefits.  This understanding will come from the material in the book, student and team research and examining various case studies.

Written Assignments

Case Studies: 

You will have four (4) case studies to read and respond in writing to questions associated with each case. Be sure to address each question for the case.  Typically, a case will have additional issues not addressed within the given questions. Feel free to add additional relevant insight.  Using recognized outside sources is encouraged to help you examine the issues in the case.  The papers can be as long or as short as you feel is necessary to support your stance.

For each paper make sure you: use size 12 font (any standard font will do), submit the papers on the due date, and if you use any outside source – you MUST cite the source. 

Final Project

You will design a total compensation package for an organization.  The organization will be a software firm with 20 employees. The company is comprised of the following: Owner/President, Admin/Office Manager, Marketing/Sales, Manager New Products, 9 Senior Programmers, Manager Customer Service, and 6 Junior Programmers.

You can spend up to $2 million for compensation for the first year. This includes salaries, legally required benefits, and discretionary benefits.

An organizational chart for this organization can be found under resources section of the collab site.

 

Grades will be based upon:

- Convincing nature of presentation

- Realistic compensation package given 2014 economy in this geographic location (Northern VA,)

- You can use a spread sheet to demonstrate how you allotted the money combined with a written narrative to explain the reasoning behind your choices.     

 

Required Text: Martocchio, Joseph J., Strategic Compensation, 6th edition 2011, Prentice Hall

 ISBN: 0-13-610640-4  Or 7th edition  2013 ISBN 0-13-262075-8  (Material is basically the same in both books only noticeable difference will be the page numbers.  If you can get the 6th edition it will cost less.)

Required Additional Resources and Technical Components

Students will be required to use the internet to research current costs regarding certain benefits such as worker's compensation: 

Other Class Expectations:  Online meetings will be held on Tuesdays from 6pm- 8pm. These sessions will be a combination of lecture with PowerPoint slides and group discussions.

Students are expected to read the material prior to class and be able to contribute to the class discussion.  Be sure to read every case at the end of the chapters.  If time permits these cases will be discussed.

Students will be expected to use the internet to research compensation calculations and salary ranges.  Students are also encouraged to use the internet to research topics that will be discussed (example: executive pay/benefits).

Chat times can be scheduled for teams or individuals as necessary.

Class Syllabus:

 

 

Class Information in UVaCollab Site

Class Instruction

Access: Provide instructions (http://collab.itc.virginia.edu/portal) with specific name of your site.

14su HR 5030-701

Clearly state the types of instruction, activities, and expectations that will be administered as part of instruction.

     

Class Requirements

Written Assignments

 

 Case Studies

 Be sure to address each question for the case.  Typically a case will have additional    issues not addressed within the given questions. Feel free to add additional relevant insight.  Using recognized outside sources is encouraged.  The papers can be as long or as short as you feel is necessary to support your stance.

 

For each paper make sure you size 12 font (any standard font will do), submit the papers on the due date, and if you use any outside source – you MUST cite the source. 

 

Final Project

 

You will design a total compensation package for an organization.  The organization will be a software firm with 20 employees. The company is comprised of the following: Owner/President, Admin/Office Manager, Marketing/Sales, Manager New Products, 9 Senior Programmers, Manager Customer Service, and 6 Junior Programmers.

 

You can spend up to $2 million for compensation for the first year. This includes salaries, legally required benefits, and discretionary benefits.

 

Grades will be based upon:

- Convincing nature of presentation

- Realistic compensation package given 2014 economy in this geographic location (Northern VA,) 

- You can use a spread sheet to demonstrate how you allotted the money combined with a written narrative to explain the reasoning behind your choices.     

 

 

 

 

 

 

Evaluation Standards

 

 

 

Percentage of Final Grade For Each Class Assignment

 Case Study 1

       10% (Max points: 10)

Case Studies 2, 3 & 4

        60% (Max points: 20 each)

 Final Project

        20% (Max points: 20)

Class participation

        10% (max 10 points)

Total

  100 %  (Max points: 100)

     

Class Schedule

May 27

Online meeting: Chapters 1 & 2

Discuss Cases:  Competitive Strategy at Sportsman Shoes Chapter 1 and Exempt or Nonexempt Chapter 2 

June 3

Online meeting: Chapters 3, 4, & 5 including the cases after each chapter.

June 9

Written assignment due - Case: Pay-for-knowledge at Mitron Computers  page 118

June 10

Online meeting: Discuss case (Mitron Computers) and final project

June 17

Online meeting:  Chapters 6, 7, & 8 including the cases after each chapter.

June 23

Written assignment due: Case: Internal Consistency at Customer First pages 148-149

June 24

Online meeting: Discuss case (Customer First) and final project

July 1

Online meeting: Chapters 9, 10, & 11 including the cases after each chapter.

July 7

Written assignment due Case: Health Savings Account at Frontline pages 257 &258

July 8

Online meeting: Discuss case (FrontLine) and final project

July15

Online meeting: Chapters 12 & 13 including the cases after each chapter.

July 21

Written Assignment due: Case: Telecommuting at MedEx pages 332 & 333

July 22

Online meeting: Discuss case (MedEx) and final project

July 29

Online meeting: Chapters 14 & 15 including the cases after each chapter.

August 5

Online meeting: Discuss final project

August 12

Final Project Due

 

Communication

14su HR 5030-701 in UVaCollab:

Announcements

Assignments

Class Activities

Gradebook

Live online meetings

Resources

 

All emails will be responded to within twenty-four (24) hours.  Specific times can be arranged for immediate online chat if required.

Assignments

Assignments are listed in the ASSIGNMENT section of 13Su HR 5030-701 UVA Collab and in the syllabus

Resources

Log into the 14Su HR 5030-701 UVA Collab and using the tool bar on the right hand side go into Resources.

Gradebook

Gradebook will be used for written assignments (case studies) and for the final project.  Grades will be posted within 72 hours of the due date.

Technical Specifications and Support Contacts

Technical Specifications: Computer Hardware

At an absolute minimum, your laptop or desktop computer should have:

  • Minimum Operating System:

Windows 7 SP1 (Professional preferred)

Mac OS X 10.6 (Snow Leopard)

Please note that at this time because of Microsoft legacy compatibility with university based systems, access to a Microsoft operating system through Bootcamp or a virtual solution such as VMWare Fusion may prove to be very valuable.

  • Minimum Processor Speed: Equivalent to an Intel Core 2 Duo (1.5 GHz)
  • Minimum RAM: 2 GB (Gigabytes) minimum, 4 GB recommended
  • Minimum Hard Disk Space: 150 GB (Gigabytes) of free hard disk space (after all programs are loaded)
  • Networking Capability: Wireless networking (802.11g or n) and an Ethernet port
  • Strongly Recommended Accessories:

An Ethernet cable (Even if you will primarily use wireless, a wired connection is faster and more reliable for things like video-streaming and chatting, watching movies or television, and large file uploads and downloads.)

A power surge protector CD/DVD drive and/or “thumb” or flash drive(s), plus a backup storage mechanism

Network Connectivity
At an absolute minimum, your high speed network connection should be rated at 768 kbps download and 384 kbps upload speeds.
We recommend at least1 megabit download and upload speed connections.

Technical Support:

or http://support.blackboardcollaborate.com

 

 

University Email Policies: Students are expected to check their official U.Va. email addresses on a frequent and consistent basis to remain informed of University communications, as certain communications may be time sensitive. Students who fail to check their email on a   regular basis are responsible for any resulting consequences.

University of Virginia Honor SystemAll work should be pledged in the spirit of the Honor System at the University of Virginia.   The instructor will indicate which assignments and activities are to be done individually and which permit collaboration. The following pledge should be written out at the end of all quizzes, examinations, individual assignments and papers:  “I pledge that I have neither given nor received help a  on this examination (quiz, assignment, etc.)”.  The pledge must be signed by the student. For more information please visit Honor System

Special Needs: It is the policy of the University of Virginia to accommodate students with disabilities in accordance with federal and state laws. Any SCPS student with a disability who needs accommodation (e.g., in arrangements for seating, extended time for examinations, or note-taking, etc.), should contact the Learning Needs and Evaluation Center (LNEC) and provide them with appropriate medical or psychological documentation of his/her condition. Once accommodations are approved, it is the student’s responsibility to follow up with the instructor about logistics and implementation of accommodations. Accommodations for test taking should be arranged at least 14 business days in advance of the date of the test(s). Students with disabilities are encouraged to contact the LNEC: 434-243-5180/Voice, 434-465-6579/Video Phone, 434-243-5188/Fax. Further policies and statements available: U.Va. Special Needs Website

For further policies and statements about student rights and responsibilities, please see U.Va  Website (http://www.scps.virginia.edu/audience/students)