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Performance Management and Compensation (5 cr)

Code: LD00EH31-3003

General information


Enrollment

04.12.2023 - 07.01.2024

Timing

15.01.2024 - 31.07.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

School of Business

Campus

Leiritie 1

Teaching languages

  • Finnish

Seats

20 - 35

Degree programmes

  • Economics and Business Administration

Teachers

  • Minna Liikanen

Teacher in charge

Anne Perkiö

Groups

  • LXD22S1_E1
    LXD22S1_E1

Objective

Upon completion of the course students will recognise the roles of performance management and total compensation in engaging and motivating employees. Student will be familiar with the concepts and tools of performance management and total compensation and will be able to analyse the current state of performance management and total compensation in an organisation and recognise development needs.

Content

- The process and areas of process management
- Total compensation, models and elements
- Staff engagement and motivation
- Talent Management

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply his/her knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models. The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply his/her knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.

Assessment criteria, approved/failed

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Prerequisites

Work Society of the Future or equivalent competences