Title of unit/s

Reward Management & Using Information in Human Resources

Assessment method(s)

Written Project

Unit No/s

RWM / IHR  (CIPD Ref 5RMT / 5UIN)

Level

7 (UK Level 5)

This assignment meets the following learning outcomes:

Learning outcomes: Reward Management (RWM)

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

2      Understand key reward principles and the implementation of policies and practices.

3      Understand the role of line managers in making reward decisions.

Learning outcomes: Using Information in HR (IHR)

1      Understand the research process and different research approaches.

2      Be able to conduct a critical review of information sources in an area of HR/business practice and analyse the findings.

3      Be able to draw meaningful conclusions and evaluate options for change.

4     Know how to deliver clear, business-focused reports on an HR issue.

Assessment brief/activity

Based on comprehensive research, you are required to produce an academic paper, analysing the key factors in a successful reward environment, then applying them to an organisation you are familiar with.

In your paper, address the following key headings:

1.     Reward Analysis

The relevance and availability of Reward Data (Internal and External) to your chosen organisation

The links between Reward and Business Strategy in the organisation, considering Internal and External context and culture.

A critique of the organisation’s existing Reward Strategy outlining the key factors contributing to its success or failure. 

2.     Key Reward Principles

Evaluate the Key Reward Principles listed below and discuss how they are applied, or not, within your chosen organisation:     

·         Total Reward and the contribution it makes to sustainable organisational performance.  

·         Best practice in regards to equitable, fair, consistent and transparent Reward policy, and how it compares to your chosen organisation.

3.     Role of Line Manager

Discuss the role of the line Manager in Reward Decision in the organisation and how it can and should contribute to decisions on Reward. Consider the impact on morale, motivation the psychological contract, and ultimately organisation success.

4.     Conclusion and Recommendations

Considering all of the above make a clear, concise and actionable set of  conclusions and recommendations to  improve or build a successful  Reward system in your organisation

Assessment Criteria

RMT 1.1, 1.2

UIN 1.1, 2.1, 2.2

RMT 2.1, 2.2, 2.3, 3.2

UIN 3.1

RMT 3.1

UIN 4.1