Evaluate how performance management operates as a form of reward.

UNIT 06 Performance and Reward Management

Level 7 - K/508/0624

1 Understand performance andreward management inorganisations
1.2 Examine the psychology of reward management
1.3 Evaluate how performance management operates as a form of reward

2 Understand performance and reward management within the environment of the organisation
2.2 Assess how the internal context of an organisation influences the choice of performance and reward management strategies
2.3 Evaluate the relationship between performance and reward management and workplace learning and development

3 Understand the design and implementation of performance and reward management systems
3.2 Analyse different methods in measuring employeeand organisational performance.

3.3 Discuss the nature and operation of team reward,its potential and drawbacks.

Task 1

Scenario:
You have applied for a job in a university as a Lecturer in Strategic Human Resource Management.
The university selection team has allotted the topic of Performance and Reward Management for youto present and discuss in the panel interview.

Part of the requirement before the interview is a report which you need to submit. The report should cover the following topics:

Theories and Models in Performance and Reward Management,

Relevance of reward in employee and organisational performance,

Influence of external environment on organization`s performance and reward managementsystem,

Effective performance and reward management strategies applied in businesses, and

Relationship between performance and reward management and workforce learning and development