AKTU Hrs 40 (BMBAHR03) Syllabus PDF – MBA (Business Analytics) 3rd Semester
Hrs 40 BMBAHR03
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- Semester 3
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Syllabus — Hrs 40
Download PDFBMBAHR03 · 3 credits · L-T-P 3-0-0
Course Objectives
- 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.
Unit1: (7 hours)
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: (9 hours)
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: (7 hours)
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
Unit 4: (9 hours)
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
Unit 5: (8 Hours)
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 Outcomes
| CO Code | Course Outcome Statements | Bloom’s K Levels |
|---|---|---|
| CO1 | Knowledge of Performance Management and Performance Appraisal | K1, K2 |
| CO2 | Competency to understand the importance of Performance Management | K1, K2 |
| CO3 | Knowledge about the Compensation and Reward Systems | K1, K2 |
| CO4 | Competency to implement effective reward systems in the organization | K3, K4, K5 |
| CO5 | Ability to explain the relevance of competency mapping and its linkage with career development | K1, K2, K3 |
Suggested Readings
- T V Rao (2007). Performance Management and Appraisal Systems: HR Tools for Global Competitiveness (Response Books)
- Michael, Armstrong (1999). Performance Management. Kogan Page.
- Shrinivas R Kandula (2006). Performance Management : Strategies , Intervention & Drivers. Pearson
- Chadha, P. (2003). Performance Management: It’s About Performing Not Just Appraising. McMillan India Ltd.
- B D Singh (2012). Compensation and Reward Management, Excel Book
- Robert Bacal (2007). Performance Management ,McGraw-Hill Education.
- T V Rao : Performance Management :Towards organisational Excellence (Sage Publications)
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