COMPENSATION ADMINISTRATION

Management 5383

Room 350

Adams Hall

M 6:00 pm

Instructor

Craig J. Russell, Ph.D.
J.C. Penney Chair of Business Leadership
and Professor of Psychology

Office

219b Adams Hall
325-2458
cruss@ou.edu
http://www.ou.edu/jcpenney

Office hours

Monday, 4:00-6:00pm and
by appointment

Texts
Hills, F., Scarpella, V., & Bergman, T. (1997). Compensation Secision Making. Dryden Press.

Milkovich, G., Newman, J., & C.Milkovich (1994). Cases in Compensation (5th Edition). Compensation: Ithaca, NY.

Overview

Purpose:

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 modern compensation systems. Compensation practices covered include job analysis, relevant legislation design. limited financial resources

Weekly Individual Writing Assignments:

Students are expected to read the assigned material before attending class and come prepared to answer discussion questions provided on the reading list (below). In addition, students will write 2-3 pages describing their individual reactions to the material covered that week. All writing assignments must be submitted to me via e-mail (my address is listed above) by the end of each week class. I will read and provide brief feedback on reactions to the first week's reading to ensure everyone is on track. Note, the reactions will NOT be a description of the substantive material covered. Instead, it will be the students' reflections on their reactions to the material, how it fits/does not fit with work and non-work experiences they have had or they know of.

Again, each student will submit their reactions to me by noon on Thursday of each week. Reactions received late or not at all will cause points to be deducted from this portion of their grade. In sum, students must:

e-mail their reactions for material covered in the first week directly to me by noon Thursday, January 17, 1998.

make sure the subject line of all e-mails contain the following information: lastname Reaction: Week #, where "lastname" is your last name, and "#" is the week number associated with each week's readings on the outline below. So, if I were sending in a reaction for week 1, the subject line would read "Russell Reaction: Week 1." If you do not place this information in the subject line in exactly this form, your reaction will not be recorded as having been received.

keep an archive or backup file of your outgoing e-mail responses in case of any "computer" problems.

At the end of the semester the entire archive will comprise a "personal journal" that will help each student examine his/her own behavior relative to leadership concepts and practices. Again, there are no right or wrong answers for this assignment - length is less important than the quality of your thoughts. However, grades will reflect the thoughtfulness, completeness, and coherence of your reflections (i.e., the degree to which you took the assignment seriously).

Finally, as communication skills are crucial to all management and leadership endeavors, I recommend you contact the university Writing Center for feedback on this and every other writing assignment you complete. These resources are for the purpose of developing written communication skills - provide their consultants/editors with as complete and polished a product as you can in order to obtain the most useful feedback on writing clarity and specific problems. The Writing Center can be reached at 325-2936.
Case:

The "Med-Tech" case series presented in Milkovich, Newman, and Milkovich will be completed by groups within the class. Format and sequence of the cases will be described the first day of class.

Grades:

Grades will be based on student performance on three Midterm Exams, weekly individual written reactions, and a case. Each will contribute to the final course grade as follows:

Exams: 75 points

Weekly Writing Assignments: 10 points

Med-Tech Case: 15 points

TOTAL 100 Points

Date	Topic	Reading(s)
Week 1:	Introduction and Psychological Approaches	Chapters 1 & 2
Week 2:	Labor Economics	Chapter 3
Week 3:	Institutional Constraints	Chapter 4
Week 4:	Legal Issues	Chapter 5
Week 5:	Midterm I	Chapters 1-5
Week 6:	Job Analysis	Chapter 6
Week 7:	Nonquantitative Job Evaluation	Chapter 7
Week 8:	Quantitative Job Evaluation	Chapter 8
Week 9:	Wage and Salary Surveys	Chapter 9
Week 10:	Midterm II	Chapters 6 - 9
Week 11:	Combining Wage and Salary Surveys	Chapter 10
Week 12:	Wage Discrimination	Chapter 11
Week13:	Benefits	Chapter 14
Week 14:	Noneconomic Rewards and Strategic Compensation	Chapter 15 Lawler reading
Week 14:	Midterm III	Chapters 10-15 + Lawler reading

Craig J. Russell, Ph.D.
J.C. Penney Chair of Business Leadership
and Professor of Psychology
Michael Price College of Business
University of Oklahoma
Norman, OK 73019-0450
(405) 325-2458
(405) 325-1957 FAX
cruss@ou.edu

Instructor	Craig J. Russell, Ph.D. J.C. Penney Chair of Business Leadership and Professor of Psychology
Office	219b Adams Hall 325-2458 cruss@ou.edu http://www.ou.edu/jcpenney
Office hours	Monday, 4:00-6:00pm and by appointment
Texts	Hills, F., Scarpella, V., & Bergman, T. (1997). Compensation Secision Making. Dryden Press. Milkovich, G., Newman, J., & C.Milkovich (1994). Cases in Compensation (5th Edition). Compensation: Ithaca, NY.