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Level 7 Diploma in Business and Organisational Psychology

Performance-Related Pay and Strategic Reward Governance

BOP702 · Motivation, Job design, and Extrinsic Rewards — Week 11 of 16

CourseBOP702
Week11 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Performance-Related Pay and Strategic Reward Governance

  1. Merit pay, bonuses, and commission frameworks
  2. Team-based incentives and gainsharing
  3. Procedural, distributive, and interactional equity
  4. Pay transparency and equal pay auditing
  5. #32 Does Pay for Performance really motivate?
  6. Performance, Skill & Team Based Pay, Profit Sharing, Variable Pay
  7. How Pay-for-Performance Plans Can Improve Motivation - Organizational Psychology Lecture 8.5

What you will be able to do

  • 3.1 Evaluate the differences between extrinsic and intrinsic rewards in an organisational context.
  • 3.2 Explain the ways rewards can be determined in an organisation context.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: evaluate the differences between extrinsic and intrinsic rewards in an organisational context.

Study materials

Videos

  • #32 Does Pay for Performance really motivate? · YouTube · Armin Trost · 38 min · for registered students
  • Performance, Skill & Team Based Pay, Profit Sharing, Variable Pay · YouTube · MBA Planet · 27 min · for registered students
  • How Pay-for-Performance Plans Can Improve Motivation - Organizational Psychology Lecture 8.5 · YouTube · Professor Q · 9 min · for registered students

Further resources

  • Organizational Behavior, ch. 8.4–8.5: Reward systems and incentive plans · PDF · OpenStax, textbook chapter; pp. 234–250 · for registered students
  • Personnel Economics: The Economist's View of Human Resources · PDF · NBER, article · for registered students
  • Performance Pay and Productivity · PDF · NBER, article · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
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Course plan
  • Week 1: Foundations of Organisational Motivation
  • Week 2: Socio-Cultural Contexts of Workplace Motivation
  • Week 3: Content Theories of Employee Motivation
  • Week 4: Process Theories and Comparative Analysis
  • Week 5: Evolution and Models of Job Design
  • Week 6: Contemporary Job Design and Technological Impacts
  • Week 7: Mobilising Job Design for Employee Motivation
  • Midterm: Midterm evaluation
  • Week 9: Intrinsic and Extrinsic Reward Paradigms
  • Week 10: Mechanisms of Reward Determination
  • Week 11: Performance-Related Pay and Strategic Reward Governance
  • Week 12: Applying Motivation, Job design, and Extrinsic Rewards in p…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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