Management 4373

3030 Price Hall

Monday & Wednesdays, 1:30-2:45 pm

Instructor	Craig J. Russell, Ph.D. Professor of Business Administration
Office	7C Adams Hall 325-2458, 821-4155 cruss@ou.edu http://www.ou.edu/russell
Office hours	By appointment
Texts	Milkovich, G.T., Newman, J.M., & Gerhart, B. (2013). Compensation. (11^th edition) New York, NY: MCGraw-Hill Irwin. Milkcovich, G.T. & Gerhart, B. (2013). Cases in Compensation.(11th edition)

Overview and Learning Objectives

This course is designed to help future managers understand and use human resource compensation systems. Students will be exposed to theories from labor economics and psychology that guide the design and operation of modern compensation systems, including wage structures, wage levels, merit pay systems, and benefits. A partial list of compensation practices covered include job analysis, relevant legislation, job evaluation systems, wage and salary surveys, and merit pay systems, and benefits administration.

FastCat:

Group project performing first two phases of FastCat case.

Grades:

Grades will be based on student performance on three Midterm Exams and the FastCat case project. Each will contribute equally (i.e., 25%) to the final course grade.

Any student in this course who has a disability that may prevent him or her from fully demonstrating his or her abilities should contact me personally as soon as possible so we can discuss accommodations necessary to ensure full participation and facilitate your educational opportunities.

MP3 Files:

On an experimental basis, Dr. Russell will record lectures and post them as MP3 files each week (by Friday at 5:00 pm). You will receive an "invitation" to a DropBox folder early next week, where I will load the mp3 files shortly after each class. This is something I do on my own, so please be patient with any gliches in the process.

Dates	Topic	Reading(s)
Week 1	Introduction to the Pay Model and Strategic Issues	Chapters 1 & 2 Kerr article
Weeks 2-3	Internal Alignment and Job Analysis	Chapters 3 & 4
Weeks 4-5	Job-based and Person-base Structures	Chapters 5 & 6
	Midterm I
Week 6	External Competitiveness	Chapter 7
Weeks 7-8	Designing Pay Levels, Mix, & Structure	Chapter 8
Week 9	Pay for Performance Evidence	Chapter 9
Week 10	Pay Structure Design Plans	Chapter 10
	Midterm II
Week 11	Performance Assessment	Chapter 11
Weeks 12-13	Benefits	Chapter 12 & 13
Weeks 13-14	Special Groups and Unions	Chapter 14 & 15 Cascio article
Weeks 14-15	Legal Issues	Chapter 17
Tuesday, December 13, 8:00 am	Midterm III

Adjustments for Pregnancy/Childbirth Related Issues

Should you need modifications or adjustments to your course requirements because of
documented pregnancy-related or childbirth-related issues, please contact me as soon as
possible to discuss. Generally, modifications will be made where medically necessary and
similar in scope to accommodations based on temporary disability. Please see
www.ou.edu/content/eoo/pregnancyfaqs.html for commonly asked questions.

Disability

Any student in this course who has a disability that may prevent the full
demonstration of his or her abilities should contact me personally as soon as
possible so we can discuss accommodations necessary to ensure full
participation and facilitate your educational opportunities.

Craig J. Russell, Ph.D.
Professor
Price College of Business
University of Oklahoma
Norman, OK 73019-0450
(405) 325-2458
(405) 821-4155 CELL
(405) 325-7688 FAX
cruss@ou.edu