5HR03 Assignment Example

Assessment Questions

Task One

AC 1.1 Evaluate the principles of reward and its importance to organisational culture and performance management.

This answer comprises four parts:

1. Describe the principles of rewards, referring to the key rules or features that underpin them.
2. Evaluate these principles to demonstrate how they either support or hinder the organisation.
3. Explain how rewards are significant to organisational culture.
4. Explain how rewards are crucial to performance management.

AC 1.2 Explain how policy initiatives and practices are implemented.

Thinking specifically about reward policy initiatives, explain how these policies and practices are put into action within an organisation. Avoid discussing how reward policies are developed; instead, focus solely on how they are implemented.

AC 1.3 Explain how people and organisational performance can impact on the approach to reward.

This answer consists of two parts:

1. Explain how employee performance can influence the reward approach.
2. Explain how the organisation’s performance can affect the rewards.

AC 1.4 Compare two different types of benefits offered by organisations and the merits of each.

There are two parts to this answer:

1. Choose two benefits and provide a merit for each one.
2. Compare the two benefits across different criteria such as time, cost, and impact.

AC 1.5 Assess the contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisational performance.

There are two parts to this section:

Explain how extrinsic rewards contribute to:

1. a) Improving employee contribution

1. b) Sustaining organisational performance.

Explain how intrinsic rewards contribute to:

1. a) Improving employee contribution
2. b) Sustaining organisational performance.

AC 2.1 Assess the business context of the reward environment.

There are two parts to this section:

1. Select two internal and two external factors from the business context.
2. Evaluate how each factor impacts the rewards environment.

Presenting this information in a table could enhance clarity.

AC 2.2 Evaluate the most appropriate ways in which benchmarking data can be gathered and measured to develop insight.

There are two parts to this answer:

1. Explain two methods for gathering and measuring benchmarking data.
2. Evaluate the advantages and disadvantages of both of these methods.

AC 2.3 Explain how organisations use insight to develop reward packages and approaches. 

This answer should be based on the insights gathered for rewards:

You must discuss how the insights are utilised to design and develop the reward package.

Task Two

AC 2.4 Explain the legislative requirements that impact reward practice.

State any two laws or legislations that influence reward practices.

AC 3.1 Assess different approaches to performance management.

There are two parts to this section:

1. Choose any two approaches for performance management.
2. Evaluate the usability, reliability, and applicability of these approaches. This could refer to any informal or formal performance management approach.

AC 3.2 Review the role of people practice in supporting line managers to make consistent and appropriate reward judgements.

This can be reframed to ask how HR aids line managers in making consistent reward decisions. Concentrate on how HR professionals assist line managers in decision-making throughout the various stages of the rewards process appropriately.

AC 3.3 Explain how line managers make reward judgements based on organisational approaches to reward.

You need to discuss the organisation’s reward approach and then explain how reward judgments are made based on it.

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