(Solution) CIPD 5HR03 principles of reward and its importance to organisational culture and performance management. (AC 1.1)

Solution

Principles of rewards are approaches that Body Image can take to deal with reward practices and process. They are basis for effective reward policies and provide organisations with guidelines for decisions related to rewards.

Function consistently – Reward decisions do not vary arbitrarily and without due cause between different employees.

Transparency – Reward practices and processes should be communicated to stakeholders affected (SimanTov-Nachlieli and Bamberger, 2021). Body Image should involve employees in reward decisions to contribute their views.

Operate fairly – Body Image HR professional and line managers should comply with equal pay law when distributing rewards. Employees should feel they are treated justly.

Align with organisational objectives – Rewards should motivate employees to achieve organisational goals and objectives.

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