This course is offered in spring semesters (FSS).
Aim of Module
In this course, we study performance management and analyze the link between incentives and individual’s performance in organizations. Based on the performance management process, the course covers performance measurement and monitoring, key performance management tools, and implementation of performance management systems targeted at employees in organizations. Furthermore, the course investigates the role of incentives in organizations, both theoretically and empirically, from a psychological and economic perspective.
By the end of the module, students...
… will be able to select and implement appropriate performance measures,
… are familiar with formal performance appraisals,
… understand the link between pay and performance,
… are able to analyze the effectiveness of incentives both theoretically and empirically, and
… are able to design performance management systems.