Syllabus MGT 4390- Compensation Administration # 82500 M 4:30-7:00 601-GCB Fall 2006 Dr.

r. Lucy McClurg Phone: (404) 651-2863 Office: 1045, COBA Building www.gsu.edu/~wwwlam mgtlnm@langate.gsu.edu Office hours: MW 1:30-3:30 PM Text: Richard Henderson, Compensation Management in a Knowledge-Based World. 2003, 10th edition, Prentice Hall. Other supplemental materials will be provided. --------------------------------------------------------------------------------------------------------------Objectives: By the end of the semester, students should be able: (1) To know and understand the basic terms, concepts, theories, and developments in the compensation management field. Taking three exams over the text and lecture materials will assess completion of this requirement. (2) To recognize and apply the concepts learned in the class content to "real-life" management situations and to discover your own management style. This will be demonstrated by completion of in-class activities. (3) To read, understand, and critique compensation research articles and to express informed opinions about them. This will be demonstrated by completion of a term project involving research of a compensation-related topic and an educated report to management. -----------------------------------------------------------------------------------------------------------------Grading criteria: Tests = 75% 90-100% = A Term Project = 15% 80-89.99%= B In-class activities = 10% 70-79.99% = C Total = 100% 60-69.99%= D A word about grading: Grades in this class will be earned on the basis of results and not effort. It is an unfortunate reality that your efforts may not be rewarded to your satisfaction. Thus, you may spend a great deal of time on an assignment but not earn as high a grade as someone who does a better job with less effort. Please feel free to discuss your grades with your instructor at any time. I want to be fair! -----------------------------------------------------------------------------------------------------------------Instructional Methods: Class discussion, in-class activities, and lecture. -----------------------------------------------------------------------------------------------------------------Policies: (1) The schedule may need to be rearranged at some times during the term. I will try to be flexible if you will! (2) Unexcused late work will not be accepted. Excused late work will be penalized by 5 points per 24 hours late. If you must miss an assignment, get permission in advance by leaving a message with the instructor. Make-up exams are generally not given, but if they are they are essay form. (3) If you require accommodation for a disability, please speak with the instructor. (4) Students are responsible for lecture notes and other information missed by not attending class, including any changes in the schedule or assignments. If you miss a class and the in-class activity for that session, you may submit an activity report (completed individually) at the beginning of the next class you attend. There will be an automatic 10% grade penalty for missing in-class activities. This is not meant as a punishment for missing class; it is an attempt

to adjust for the advantage you may have in finding out the answers from someone who was in class and for having unlimited time to complete the assignment. Since many of the learning opportunities in this course take place during the class sessions, it would be a good idea to find a buddy to help you catch up when you must be absent. Be sure your buddy picks up an extra in-class activity report form for you when you are absent. You may drop one of these grades. In-Class Activity Reports: These reports will be turned in during the class period and will be graded by the instructor. Points for each assignment vary. For some activities, you have the choice to work alone or in a team with others. If you choose to work in a team, all team members will be assigned the same grade (i.e., the grade given the report); no individual adjustments will be made. (You will have to find your own ways to punish free riders!) Date August 21 Proposed Schedule- Fall 2006 Topics Introduction to Course Introduction to each other Trends in Compensation International Aspects Labor economics theories Motivation and compensation *Exempt v. Nonexempt status * Legal Issues * Job Analysis Job Descriptions EXAM 1 Job Evaluation * Evaluation Methods *Surveying Market Pay and Compensation *Designing a Base Pay Structure EXAM 2 * Merit Pay *Short-Term Incentives Long-Term Incentives Team-Based Pay *Benefits and Services *Term Projects Due Chapter 13 Chapter 14 Chapter 15 Chapter 12 Chapter 17 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Text Assignment Chapters 1-2 Chapters 3-4

August 28

September 11 September 18 September 25 October 2 October 9 October 16 October 23 October 30 November 6 November 13

Chapter 5 Chapters 6-7

November 20

November 27 December 4

*Administration and Pay Delivery Discussion of Term Projects Wrap-up and review

Chapter 18

Final exam: As scheduled by the University. 5 pm Monday, December 11. * Denotes an in-class activity in this session.
TERM PROJECT: Each student will prepare a management report as described in a separate document. This is a research project of a compensation-related topic and a management report with recommendations. This is an individual project. The project is found at www.gsu.edu/~mgtlam; follow prompts to MGS 4390.