- OTHM Level 5 K/650/1117 – Promoting Equality, Diversity, and Inclusion in Health and Social Care, Assignment, ILC, UK
- 7CO01: Critically evaluate underpinning theory and practice in this area and make recommendations for your organisation: Work and working lives in a changing business environment, Assignment, CIPD level 7, UK
- 7CO01: Evaluate the current trend for organisations to move from a five-day to a four-day working week without reducing their employees: Work and working lives in a changing business environment, Assignment, CIPD level 7, UK
- 7CO01: Critically discuss the current state of the major labour markets in which your organisation competes for staff in terms of both demand for and supply of skills: Work and working lives in a changing business environment, Assignment, CIPD level 7, UK
- 7CO01: Critically evaluate whether advancing technologies, and particularly artificial intelligence (AI): Work and working lives in a changing business environment, Assignment, CIPD level 7, UK
- Unit DAC4A1: Lead communication in adult care settings, Assignment, UOB, UK
- Unit HSC301: Role of the inter- professional team in delivering Health and Social care: An introduction to Health and Social Care, Assignment, UK
- Unit HSC301: The importance of regulatory bodies in delivery of high quality care: An introduction to Health and Social Care, Assignment, UK
- Unit HSC301: The main roles and responsibilities of Health and Social care workers when delivering care: An introduction to Health and Social Care, Assignment, UK
- Unit 04: Use an appropriate design tool to design a relational database system for a substantial problem: Database Design & Development, Assignment, BTEC Level 5, UK
- Unit 04: Centralized Database for MadZoo Digital-MadZoo Digital is a start-up company which was established in 2020: Database Design & Development, Assignment, BTEC Level 5, UK
- 5HR02: This unit focuses on the importance of effective workforce planning: Talent management and workforce planning, Assignment, CIPD, UK
- BMG847: Demonstrate a critical understanding of different research strategies and approaches: MSc International Business, Assignment, UU, UK
- Explain how the boundary layer thickness is defined- Give the definition of the friction coefficient: Thermofluids, Assignment, UOS, UK
- A thin-walled cylindrical pressure vessel with a diameter, D = 8 m, and an operational pressure 5 MPa made from a steel: Thermofluids, Assignment, UOS, UK
- Explain the physical importance and give the mathematical definition: Thermofluids, Assignment, UOS, UK
- 7HR01: Critically evaluating how this influences the work of its people professionals: Strategic employment relations, Assignment, CIPD, UK
- CIPD Level 3 3CO03: Ethical practice review A key responsibility for all ‘professionals’ is to regularly review and develop our performance at work: Core behaviours for people professionals, Assignment, UK
- CIPD Level 3: 3C002- Explain what evidence-based practice is and how it might be applied within an organisation: Principles of Analytics, Assignment , UK
- NVQ Unit 13 – Explain what it means to have a duty of care in your role and how it relates to duty of candour: The principles of Duty of Care, Assignment UK
CIPD 5HR03: Leia Technologies was formed in 2017 and employs 75 people. Recently the company: Reward for Performance and Contribution Assignment, UK
University | Chartered Institute of Personnel and Development (CIPD) |
Subject | 5HR03 Reward for Performance and Contribution |
This unit focuses on how internal and external business factors influence reward strategies and policies, the financial drivers of the organization, and the impact of reward costs. It considers the importance of the role of people practice in supporting managers to make robust and professional reward judgments and the impact of rewarding performance.
Case study
Leia Technologies was formed in 2017 and employs 75 people. Recently the company has launched its new app “Money4Future” and provides saving and investment products including Lifetime ISAs, pensions and saving accounts.
After a hectic start-up, the company’s HR team is now able to reflect on its reward strategies and policies. They recognize due to the growth of the company, and the number of new people within the HR team, that there are some gaps in knowledge about Rewards for Performance and Contribution.
As a senior member of the HR Team, you have received a request from a colleague for an understanding of the issues relating to the impact of reward approaches and packages, how benchmarking data can inform reward approaches, and the role of people professionals in supporting
line managers.
Do You Need Assignment of This Question
Your manager has asked you to produce a guidance document to be sent to your colleagues and a blog article to be placed on the HR Team’s online news page.
Task One – Guidance Document
You have received a request from a colleague for an understanding of issues relating to the impact of reward approaches and packages. They also want to understand how benchmarking data can inform reward approaches.
Generate a guidance document that covers these two areas, including current models and thinking around the subject. You may wish to break down the guidance document into the following sections:
Section 1 – The Impact of Reward Approaches and Packages
- Evaluate the principles of reward and its importance to organisational culture and performance management.
- Explain how policy initiatives and practices are implemented.
- Explain how people and organisational performance can impact on the approach to reward.
- Compare the different types of benefits offered by organisations and the merits of each.
- Assess the contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organizational performance.
Section 2 – Benchmarking Data to Inform Reward Approaches
- Assess the business context of the reward environment
- Evaluate the most appropriate ways in which benchmarking data can be gathered and measured to develop insight.
- Develop organizational reward packages and approaches based on insight.
- Explain the legislative requirements that impact reward practice.
Buy Answer of This Assessment & Raise Your Grades
If you are searching for an experienced assignment writer UK then stop searching, Students Assignment Help is here. We provide assignment help services at an affordable price. You can also ask us to can someone write my assignment for me. So why are you waiting for? Hurry up and order now!