5HR03 - Reward for Performance and Contribution

Assignment Task

Preparation for the Tasks:

• Refer to the indicative content in the unit to guide and support your evidence.

• Pay attention to how your evidence is presented, remember you are working in the People Practice Team for this task.

• Ensure that the evidence generated for this assessment remains your own work.

• Reflecting on your own experiences of learning opportunities and training and continuing professional development. 

• Reading the CIPD Insight, Fact Sheets and related online material on these topics. 

• You should relate academic concepts, theories, and professional practice to the in critical and informed way, and with reference to key texts, articles and other publications.

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 organisational performance.

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