known organisation’s reward structure and systems
you need following the article are required to analyse a known organisation’s reward structure and systems. The focus of this analysis should be the congruence between the organisation’s rewards and its strategic objectives
Order Description
Students are required to analyse a known organisation’s reward structure and systems. The focus of this analysis should be the congruence between the organisation’s rewards and its strategic objectives. Students should demonstrate the following:
Understanding relevant internal and external environmental issues
The competitive environment (e.g. product, labour market and regulatory conditions)
Organisational assumptions (e.g. predominant frames of reference, assumptions about motivation)
The employment relationship
Organisational objectives
Understanding the shape and rationale of the reward system
Internal and external alignment decisions
Pay structure and pay progression (where apparent)
Variable pay (where apparent)
Benefits and pensions (where apparent)
Non-financial rewards (where apparent)