Compensation and appraisal systems are key contributors to organisational effectiveness. This course addresses how organisations use compensation and performance management practices to drive strategic business success. This course will cover a mix of theoretical concepts and organisational practices useful in developing and maintaining a motivated, committed and competent workforce. In this course students will learn how organisational systems operate to attract, retain and motivate a competent workforce. Further students will gain an understanding of how to assess reward and appraisal systems in terms of the criteria of equity and cost effectiveness and how to assess and diagnose compensation management issues and problems and develop appropriate solutions.