UNIQUE SERIES AKTU Syllabus
BMBAHR03

Performance and Reward Management

L-T-P3-0-0 Session2025-26 TypeTheory
Appears in 1 semester

MBA Business Analytics · Sem 3 (Specialization: Human Resource Management (HR))

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Syllabus

5 units · 40 lecture hours
Unit1

Unit 1

7 hrs

Introduction to Performance Management System :Meaning, Uses and purpose of Performance Management, Performance Management vs Performance Appraisal, Performance management and its challenges in current scenario, Performance management as a System and Process, Establishing Performance Criterion of developing an Effective Appraisal System, Criteria (KRA, KSA VS KPI). Case Studies

Unit2

Unit 2

9 hrs

Managing Performance: Methods of managing performance of all the levels of Management, 360 degree Performance Appraisal, MBO and Performance analysis for Individual and organizational development. Case Studies

Unit3

Unit 3

7 hrs

Contemporary Issues: Potential appraisal, Competency mapping & its linkage with Career Development and Succession planning, Balance score card: Introduction and Applications, Advantages and limitations. Case Studies

Unit4

Unit 4

9 hrs

Reward System: Compensation- Definition, Function, and significance. Job evaluation: Methods of job evaluation, Inputs to job evaluation, Practical implication for technical/non-technical and executive/managerial positions and significance of wage differentials. Case Studies

Unit5

Unit 5

8 hrs

Compensation: Method of pay and Allowances, Pay structure: Basic Pay, DA, HRA, Gross Pay, Take home pay etc. Incentive schemes; Methods of payment: Time and piece rate. Fringe benefits & other allowances: Overtime, City compensatory, Travelling etc. Regulatory compliance: Introductions, Wage and Pay commissions, Overview of minimum wages Act- 1948 and Equal Remuneration Act-1976. Profit Sharing options; Case Studies.

Course Objectives6 points
  • Understand and explain the key concepts of performance management and describe contemporary methods for administering compensation and rewards in practice.
  • Evaluate the benefits of implementing a performance development plan and evaluate the potential consequences of its absence in organizational settings.
  • Differentiate and analyze the essential components of an effective and integrated performance development system.
  • Create “SMART” annual performance objectives that are specific, measurable, attainable, relevant, and trackable.
  • Describe the concept of competency mapping and demonstrate its relevance in individual and organizational career development.
  • Explain the structure of compensation systems in India and assess key issues related to salary fixation, dearness allowance, bonuses, incentive schemes, and employee benefits.
Course Outcomes (COs)5 outcomes

After completion of the course student will be able to:

  1. CO1Knowledge of Performance Management and Performance AppraisalK1, K2
  2. CO2Competency to understand the importance of Performance ManagementK1, K2
  3. CO3Knowledge about the Compensation and Reward SystemsK1, K2
  4. CO4Competency to implement effective reward systems in the organizationK3, K4, K5
  5. CO5Ability to explain the relevance of competency mapping and its linkage with career developmentK1, K2, K3

Suggested Readings

  1. T V Rao (2007). Performance Management and Appraisal Systems: HR Tools for Global Competitiveness (Response Books)
  2. Michael, Armstrong (1999). Performance Management. Kogan Page.
  3. Shrinivas R Kandula (2006). Performance Management : Strategies , Intervention & Drivers. Pearson
  4. Chadha, P. (2003). Performance Management: It’s About Performing Not Just Appraising. McMillan India Ltd.
  5. B D Singh (2012). Compensation and Reward Management, Excel Book
  6. Robert Bacal (2007). Performance Management ,McGraw-Hill Education.
  7. T V Rao : Performance Management :Towards organisational Excellence (Sage Publications)

Official AKTU syllabus

This subject is on page 38, 39 of the original AKTU PDF.

Official AKTU syllabus PDF ↗