PES INSTITUTE OF TECHNOLOGY – BANGALORE SOUTH CAMPUS
Dept. of MBA
Lesson Plan
Semester –III
Subject Code: 14MBA HR303
Total no of Lectures:
56
Subject Title: COMPENSATION AND BENEFITS
Faculty Name: Dr.S.Naveen Prasath
No of Hours / Week: 04 + 1 Lab Hrs
IA Marks:
Exam Hours:
Exam Marks:
50
03
100
Table 1 – Session Plan
Student
Mod
Session.
No
No.
1
1
Contents
Definition of Compensation
Pedagogical
Tools
lecture
Assignments
Session objective
Outcome of the session
Presentation
/ additional
work
It is to enable students to
understand compensation
This is to make students
understand compensation
-
Learning
Evaluation
Cumulative
Technique
Coverage
Class
Discussion
4%
1
2
The Pay Model.
PPT +lecture
1
3
Strategic Pay Policies.
PPT +lecture
1
4
Strategic perspectives of Pay
lecture
1
1
2
5
Strategic pay decisions
6
Best Practices vs. Best Fit
Options
7
Definition of Internal
Alignment
PPT + lecture
PPT +lecture
lecture
It is to enable students to
understand Pay Model
To get to know about
Strategic Pay policies
To get clear comprehensions
on Strategic perspectives of
Pay
To get to know about Strategic pay
decisions
It is to enable students to
understand Best practices
and best fit options
It is to enable students to
understand Internal
Alignment
basics
This is to make students to
get clarity on Pay Model
Refer –
Table 3
Class
Discussion
Students should be able to understand
10
various Strategic
pay policies
It is to enable students to
understand Strategic
perspectives of Pay
This is to make students to
get clear comprehensions on
practised pay decisions
This is to make students to
get clear comprehensions on
Best practices Vs Best Fit
options
This is to make students to
get clear comprehensions on
Internal Alignment ..
8%
Assignments
11
Class
Refer –
Discussion
Table 3
Assignments
12%
14
Class
Refer –
Discussion
Table 3
Test
15%
Assignments
2
2
PPT +lecture
8
Internal Pay Structures
9
Strategic Choices In Internal
Alignment Design
lecture
2
10
Which Internal Structure Fits
Best?
lecture
3
11
Why Perform Job Analysis?,
PPT +lecture
It is to enable students to
understand Internal Pay
Structures
It is to enable students to
understand Strategic
Choices In Internal
Alignment Design ..
It is to enable students to
understand Which Internal
Structure Fits Best?..
It is to enable students to
This is to make students to
get clear comprehensions on
Internal Pay Structures
This is to make students to
conceptualize Strategic
Choices In Internal
Alignment Design
This is to make students to
conceptualize along with
relevant concepts of Which
Internal Structure Fits Best?.
This is to make students to
16
Refer –
Table 3
Class
Discussion
18%
Assignments
19
Refer –
Class
21%
understand significance of
Perform Job Analysis?,
clear understanding of
Perform Job Analysis.
Table 3
discussion
Test
Assignment
3
12
3
13
3
14
3
3
15
16
Job Analysis Procedures
lecture
PPT +lecture
JA Data Collection Process
Job Descriptions
Definition of Job Evaluation
Major
Decisions In Job Evaluation
lecture
17
lecture
Job Evaluation Methods
PPT +lecture
3
18
Final Result – Pay Structure.
4
19
Definition of Competitiveness
PPT +lecture
4
20
Pay Policy Alternatives
It is to enable students to
understand ways to JA Data
Collection Process
It is to enable students to
understand Job Descriptions
.
It is to enable students to
understand Job Evaluation ..
PPT+lecture
PPT +lecture
3
It is to enable students to
understand ways to create
Job Analysis Procedures
lecture
This is to make students to
create Job Analysis
Procedures for various
organizations.
This is to make students to
create JA Data Collection
Process .
This is to make students to
identify Job Descriptions .
This is to make students to
clear comprehensions on Job
Evaluation..
It is to enable students to
understand Major
Decisions In Job Evaluation
This is to make students to
identify Major
Decisions In Job Evaluation .
It is to enable students to get
Job Evaluation Methods
This is to make students to
get Job Evaluation Methods
It is to enable students to
understand Final Result –
Pay Structure.
It is to enable students to
understand
Competitiveness
It is to enable students to
understand Pay Policy
Alternatives
It is to enable students to
understand Final Result –
Pay Structure.
This is to make students to
get complete comprehensions
on Competitiveness
This is to make students to
get complete understanding
on Pay Policy Alternatives
22
24
Refer –
Table 3
Refer –
Table 3
Class
Discussion
25%
Assignment
Class
Discussion
28%
Assignment
30
Refer –
Table 3
Class
Discussion
31%
Assignments
33
34
Class
Refer –
Discussion
Table 3
Assignments
Case analysis
35%
4
21
Wage Surveys
PPT+lecture
PPT +lecture
4
22
Interpreting Survey Results
It is to enable students to
understand Wage Surveys
It is to enable students to
understand how to
Interpreting Survey Results
This is to make students to
thorough comprehensions on
Wage Surveys
This is to make students to
get comprehensive approach
to Interpreting Survey
Results
37
Class
Discussion
Refer case
Assignments
study
TestCase
analysis
.
PPT +lecture
4
4
4
23
24
25
Pay Policy Line
Pay Grades
Benefits Determination
Process.
PPT +lecture
lecture
It is to enable students to
understand its relevance on
Pay Policy Line .
It is to enable students to
understand Pay grades
It is to enable students to get
deas
Benefits Determination
Process.
This is to make students to
get complete ideas on Pay
Policy Line.
This is to make students to
get Paygrade approaches.
This is to make students to
get comprehensive
understanding on Benefits
Determination Process
39%
Refer case
Refer –
study
Table 3
Class
Discussion
43%
Assignments
Class
Refer case
Refer –
study
Table 3
Discussion
Case
46%
presentation
Assignments
4
4
4
5
26
27
28
29
Value of Benefits
Legally Required Benefits .
Retirement, Medical , &
Other Benefits .
Pay For Performance
lecture
PPT +lecture
PPT +lecture
lecture
It is to enable students to
understand Value of Benefits
.
It is to enable students to
understand Legally
Required Benefits
approaches
It is to enable students to
understand Retirement,
Medical , & Other Benefits
It is to enable students to
understand Pay For
Performance .
This is to make students to
get comprehensive
knowledge on Value based
approaches...
This is to make students to
get comprehensive
knowledge on Legally
Required Benefits .
This is to make students to
have necessary understanding
on Retirement, Medical , &
Other Benefits ..
This is to enlighten students
to have necessary
understanding on Pay For
48
Refer case
Refer –
study
Table 3
Class
Discussion
49%
Assignments
51
Refer case
study
Class
discussion
Assignment
53%
Performance for effective
utilization resources.
.
PPT +lecture
5
5
30
31
Rewarding Desired Behaviors
.
Does
Compensation Motivate
Performance?, .
PPT +lecture
PPT +lecture
5
5
32
33
Designing PFP Plans
Merit Pay/Variable Pay .
5
34
Individual vs. Group
Incentives.
5
35
Long Term Incentives .
5
36
Compensation of Special
Groups .
5
37
Who are Special Groups? .
lecture
lecture
Discussion
and analysis.
Discussion
PPT +lecture
PPT +lecture
5
38
Compensation Strategies For
Special Groups .
It is to enable students to
understand significance of
Rewarding Desired
Behaviors .
It is to enable students to
answer to the question.
It is to enable students to
understand Designing PFP
Plans .
This is to make students to
realize rewarding Desired
Behaviors and its relevance
in the organization.
This is to help students to
identify Compensation
Motivate Performance .
This is to help students to
identify ways how to Design
PFP Plans.
It is to enable students to
understand Merit
Pay/Variable Pay ..
It is to enable students to
understand Individual vs.
Group Incentives ..
It is to enable students to
understand Long Term
Incentives .
It is to enable students to
understand Compensation
of Special Groups .
This is to help students to
identify differences between
Merit Pay andVariable Pay .
This is to help students to
clarity on Individual vs.
Group Incentives .
This is to help students to
learn Long Term Incentives .
It is to enable students to
find answers.
It is to enable students to
understand Compensation
Strategies For Special
Groups .
This is to help students to
identify Special Groups.
This is to help students to
identify Compensation
Strategies For Special Groups
.
Refer –
Table 3
Class
Discussions
57%
Assignments
59
Class
Refer –
Discussions
Table 3
Assignments
Refer –
Table 3
61%
Class
Discussions
64%
Assignments
66
Refer case
Refer –
study
Table 3
This is to help students to
learn Compensation of
Special Groups ..
Class
Discussions
67%
Assignments
Class
Discussions
Assignments
71%
73
Refer case
Refer –Table
study
3
Class
Discussion
Assignments
74%
Legal Issues, .
It is to enable students to
understand Legal Issues,
Pay Discrimination .
It is to enable students to
understand Pay
Discrimination
PPT +lecture
6
6
6
39
40
41
Comparable Worth .
lecture
lecture
It is to enable students to
understand Comparable
Worth .
This is to help students to
identify Legal Issues and
concerns.
This is to help students to
identify factors contributing
to Pay Discrimination
This is to help students to get
ideas Comparable Worth .
Refer case
Refer –
study
Table 3
Class
Discussion
77%
Assignments
79
Class
Refer case
Refer –
Discussion
study
Table 3
Test
80
Assignments
6
42
Budgets and Administration
lecture
It is to enable students to
understand Budgets and
Administration.
This is to help students to
learn Budgets and
Administration.
Class
Refer – Case
Refer –
study
Table 3
Discussion
Case
82
presentation
Assignments
PPT +lecture
7
43
Recognizing Variations .
PPT +lecture
7
44
Social Contract .
PPT +lecture
7
45
Culture & Pay
PPT +lecture
7
46
It is to enable students to
understand Recognizing
Variations
It is to enable students to
understand Social Contract .
Strategic
Choices In Global
Compensation .
It is to enable students to
understand Culture & Pay .
It is to enable students to
understand Strategic
Choices In Global
Compensation
This is to help students to
have Recognizing Variations
This is to help students to
have clarity and
comprehensions on Social
Contract
This is to help students to
have clarity and
comprehensions on Culture
& Pay
This is to help students to
have clarity and
comprehensions on Strategic
Choices In Global
Compensation .
83
Class
Refer –
Table 3
Discussion
Presentations
84%
Assignments
Class
Refer –
Discussion
Table 3
Assignments
85%
86
7
47
Comparing Systems .
It is to enable students to
understand Comparing
Systems .
lecture
It is to enable students to
understand Expatriate Pay.
7
48
Expatriate Pay .
lecture
This is to help students to
have clarity and
comprehensions on
Comparing Systems s.
This is to help students to
know Expatriate Pay and
issues.
Class
Refer case
Refer – table
Discussion
study
3
Assignments
Class
Refer case
study
Discussion
Case
presentation
Assignments
Table -2
Presentation topics
Mod No
S.No.
Presentation Topic
1
Introduction To Compensation:
2
Defining Internal Alignment
3
Job Analysis and Evaluation
4
Determining External
Competitiveness and Benefits
Management:
Competitiveness:
Benefits
5
6
7
8
Performance Based Compensation
System
Employee Contributions
Legal & Administrative Issues in
Compensation
87%
88
Table– 3
Assignments & Additional Work
Mod No
1
2
3
4
5
6
7
8
Sl.No.
Assignment Topics
Questions from module 1
Questions from module 2
Questions from module 3
Questions from module 4
Questions from module 5
Questions from module 6
Questions from module 7
Questions from module 8
Mod No
1
Table – 4
Case Study Topics
Particulars
A UNISON case study
2.
A Star bucks case study-pay and benefits package for
US staff
3.
A Siemens case study
4.
The case study on benefits offered by SAS Software
Table – 5
References & Additional Readings
S.No.
1
2
3
4
5
Particulars
Compensation & Reward Management, BD Singh, Excel BOOKS
Compensation, Milkovich & Newman, TMH
Strategic Compensation Joseph J. Martocchio, 3rd Edition, Pearson Education.
Compensation Management in a Knowledge based world, Richard I. Anderson, 10th
edition, Pearson Education
Compensation Management, Er Soni Shyam Singh, Excel Books.
Table – 6
(IA Pattern)


Test Marks
Presentations
Assignments
60%
20%
20%
For Internal Evaluation T1 marks and the best out of remaining two will be considered.
1st Test is mandatory.