Understand Key Reward Principles And The Implementation of Policies And Practices - Management Assignment Help

Assignment Task -

Learning outcomes :

Understand the business context of reward and the use of reward intelligence

Understand key reward principles and the implementation of policies and practices

Understand the role of line managers in making reward decisions

1.1 

You must state which organisation you are writing about.

Great to see you showing a SWOT analysis. You have added some good internal factors. The threats shown a ‘weaknesses. You need to relook at threats. What external threats are there to the organisation? You need to add a lot more detail on external factors to your work.

From this you must add a commentary showing an analysis of the main areas from the SWOT showing how they impact on the organisation’s approach to reward now and in the future.

1.2 

This section of your work is confusing. Some of what you have written is correct and other elements are not relevant to the question you are being asked. Start by giving a cited definition on the meaning of reward intelligence. You need to add 3 external sources of information showing a thorough understanding of what the information is you can obtain and 

how this information can be used to make decisions about reward. So, from your work this could be published pay surveys, pay clubs and CIPD's Labour Market Outlook pay predictions. Consider how reliable the sources are? Can you trust the data – you need to add the advantages and disadvantages of using the information. How would the organisation use the information to make reward decisions?

You should not be referring the reader to websites within your work. You can quote from them and use it within your work otherwise please leave out the information. Your report is about evidencing your understanding rather than teaching others.

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