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Reward and Performance Management

Examine the role of reward and performance management in supporting the strategic objectives of the organisation.

Reward and Performance Management

  • Duration

    2 weeks

  • Weekly study

    8 hours
Overview
Requirements
Educators

Performance and reward management are key factors when trying to attract, retain, motivate and engage employees.

In this course, you’ll explore the key objectives and outcomes of reward and performance management from both an employer and an employee perspective. You’ll also look at motivation theories and discuss the implications they might have in practice when dealing with rewarding employees.

Finally, you’ll examine the shift towards the use of contingent pay in managing performance, with a key focus on performance-related pay and the ethical issues it raises.

What topics will you cover?

  • Reward management
  • Motivational theories
  • Performance management
  • Performance appraisal
  • Contingent pay

Learning on this course

You can take this self-guided course and learn at your own pace. On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to...

  • Debate the effectiveness of the use of reward as a strategic tool to improve performance within organisations
  • Demonstrate an understanding of the concept, theories and models of motivation and its link to performance and reward management
  • Reflect on the key elements of the performance management process
  • Discuss the issues of ethics and the use of performance related pay within organisations

Who is the course for?

This course would suit professionals at all levels in an organisation, across all disciplines. It may be of particular interest to those in leadership or managerial roles - looking to improve business processes by managing organisational behaviour.

Who will you learn with?

KK

Konstantinos Kakavelakis

Who developed the course?

Coventry University

Coventry secured 5 QS Stars for Teaching and Online Learning in the QS World University Ranking 2020 and has received No. 1 in the world for Massive Open Online Courses in MoocLab’s World University Ranking 2021.

  • Established

    1992

  • Location

    Coventry

Learning on FutureLearn

Your learning, your rules

  • Courses are split into weeks, activities, and steps, but you can complete them as quickly or slowly as you like
  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

Join a global classroom

  • Experience the power of social learning, and get inspired by an international network of learners
  • Share ideas with your peers and course educators on every step of the course
  • Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others

Map your progress

  • As you work through the course, use notifications and the Progress page to guide your learning
  • Whenever you’re ready, mark each step as complete, you’re in control

Want to know more about learning on FutureLearn? Using FutureLearn

Join the conversation on social media

You can use the hashtag #rewardandperformancemanagement to talk about this course on social media.