Review a current role (or job family) and produce a report recommending the approach to be taken by your organisation in regards to remuneration and rewards. Your report must include the following as a minimum:
Introduction
• A brief section providing the details of the organisation including size, sector, key products/services and any other pertinent facts.
A critical appraisal of approach to reward, including;
The organisational approach to pay structures and pay progression within the organisation (AC 3.1, AC 3.3, AC 4.2)
The extent to which a ‘total-rewards’ approach has been adopted (AC 2.1)
The organisational approach to base and contingent pay (AC 2.2, AC 2.3)
Justify a reward strategy for a specific job role or family, considering;
The fit to organisational strategy and job climate/macro factors (AC 1.2)
The ability to attract, motivate and retain appropriate employees (AC 1.4)
Legal and international consideration for pay and reward (AC 3.5, AC 4.1)
Equity, transparency and fairness considerations (AC 4.3, AC 4.4)
Conclusion
A brief section with key recommendations for action by your organisation, presented as a table.
