In this course we discuss the key concepts and controversies in the design and implementation of strategic reward systems. We start with a brief overview of the relationship between the external environment, business strategy, HRM strategy and systems of reward management. This leads to a conversation about the conceptual frameworks, theoretical debates and research informing management practice relative to both relational and transactional rewards. Then we explore the issues of internal and external reward equity in a range of contexts and structure reward responses to address the strategic requirements facing an organization.
This course serves to examine a range of reward-related factors that affect achievement of organizational success.
Prerequisites
No advanced preparation or prerequisites are required for this course.
Learning Objective
- Discover the relationship between the external environment, business strategy, HRM strategy and systems of reward management.
- Identify theoretical debates and research informing research management practice.
- Explore the how to structure reward responses to address the strategic requirements facing an organization
Last updated/reviewed: July 27, 2025
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Progress
INTRODUCTION AND OVERVIEW
Systems of Strategic Reward Management
- The Context and Systems of Reward Management 10:14
- The Gender Pay Gap 9:30
- Theoretical Debates and Research 9:35
- Theories on 'Necessary' Reward 10:05
- Rewarding the Employment Relationship 9:03
- Addressing Strategic Requirements 14:35
- Broadbands 13:14
- Composition of Pay 10:35
- Competence or Competency? 10:03
CONCLUSION
- CONCLUSION 5:15
CONTINUOUS PLAY
SUPPORTING MATERIALS
- Slides: Systems of Strategic Reward Management PDF
- Systems of Strategic Reward Management Glossary/Index PDF
REVIEW AND TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
Systems of Strategic Reward Management
Society for Human Resource Management Certified Professional
Online
No advanced preparation or prerequisites are required for this course.

Illumeo is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-SCP℠. This program is valid for 2.0 PDCs for the SHRM-SCP℠. For more information about certification or recertification, please visit www.shrmcertification.org.
Society for Human Resource Management Senior Certified Professional
Online
No advanced preparation or prerequisites are required for this course.

Illumeo is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-SCP℠. This program is valid for 2.0 PDCs for the SHRM-SCP℠. For more information about certification or recertification, please visit www.shrmcertification.org.
Professional in Human Resources
Online
No advanced preparation or prerequisites are required for this course.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Senior Professional in Human Resources
Online
No advanced preparation or prerequisites are required for this course.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Global Professional in Human Resources
Online
No advanced preparation or prerequisites are required for this course.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Associate Professional in Human Resources
Online
No advanced preparation or prerequisites are required for this course.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Professional in Human Resources – California
Online
No advanced preparation or prerequisites are required for this course.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Professional in Human Resources - International
Online
No advanced preparation or prerequisites are required for this course.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Senior Professional in Human Resources - International
Online
No advanced preparation or prerequisites are required for this course.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
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