Students are required to apply concepts and techniques discussed in class within a group project that entails developing a compensation structure for a hypothetical company. Explores the theory and practive of performance appraisal and performance-based pay. Performance appraisal topics include appraisal instruments, sources of appraisal, increasing appraisal accuracy, and conducting appraisal interviews. Performance-based pay topics include traditional merit pay as well as incentive plans, gain sharing, and profit sharing. Provides a comparative study of human resource practices and policies in countries with which Canada has major trade relations.
Emphasis is placed on examining the efficacy of Canadian practices in other countries.
Among the areas of the world examined are Western and Eastern Europe, South America, and Asia. A study of the critical role that technology, particularly information technology, plays in competition. The emphasis will be on aligning human resources practices and technological and organizational strategies.