(Solution) CIPD 5HR03different approaches to performance management. (AC 3.1)
Solution Performance management is a process of managing employee performance and improving work within the organisation (Kumar et al., 2022). It involves HR professional and employees sitting together to plan, […]
(Solution) CIPD 5HR03 legislative requirements that impact reward practice. (AC 2.4)
Solution Equality Act 2010 Equality Act 2010 can apply to reward practices in order to prevent any form of discrimination when rewarding people. By law, employers are required not to […]
(Solution) CIPD 5HR03 how to develop organisational reward packages and approaches based on insight. (AC 2.3)
Solution Benchmarking data can help Body Image to create an effective reward package for different job roles within the workplace. However, development a better reward package need to include key […]
(Solution) CIPD 5HR03 appropriate ways in which benchmarking data can be gathered and measured to develop insight. (AC 2.2)
Solution Benchmarking is a process of gathering data from different organisations and use it to make comparisons for better pay decisions (Murphy and Sandino, 2020). Benchmarking can provide Body Image […]
(Solution) CIPD 5HR03 business context of the reward environment. (AC 2.1)
Solution A PESTLE analysis tool seeks to understand various external environment factors that impact reward practices. These factors include economic change, sociological and technological development. Economic factors The economy of […]
(Solution) CIPD 5HR03 contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisational performance. (AC 1.5)
Solution Rewards are extrinsic when they are earned from the outcome of a job or performance, for example, salary, promotion and bonuses (Malek et al., 2020). These reward are tangible […]
(Solution) CIPD 5HR03 different types of benefits offered by organisations and the merits of each that might be applied to Body Image. (AC 1.4)
Solution Employee benefits are forms of rewards that employee receive, but not in cash. The cash is catered by the employer, meaning the organisation will incur the costs (Cotton, 2022). […]
(Solution) CIPD 5HR03 how people and organisational performance can impact on the approach to reward. (AC 1.3)
Solution People performance is the ability of employees to complete their duties and responsibilities as required by their employer. Organisational performance is the ability of an organisation to achieve its […]
(Solution) CIPD 5HR03 how reward policy initiatives and practices are implemented. (AC 1.2)
Solution Reward policy initiatives are guidelines that help organisation to design and implement fair, transparent and equal rewards (Jin et al., 2020). Examples of reward policies within Body Image could […]