PROCESSES REWARDING EMPLOYEEES

processes rewarding employeees

PROCESSES REWARDING EMPLOYEES

The processes of rewarding employees and cessation of employment at investigating motivation, reward, pay, monitoring of employee performance and cessation of employment, taking into account the needs, policies and procedures of your organization. Your report should be unified, coherent and free from gross logical and language errors. It should not exceed 1800 words.

To successfully complete this task, you must:
  1. Assess the link between motivational theory and reward. (P3.1)

Evidence required to achieve this criterion are: (A) One motivational theory (e.g. Taylor, Mayo, Maslow, Herzberg, McGregor, McClelland, Vroom) has been briefly explained. (B) The relationship between the theory and reward has been explained. (C) A conclusion has been drawn, with reasons or evidence, stating whether or not this relationship will be useful in motivating employees behavior in the selected organization.

  1. Evaluate the process of job evaluation and other factors determining pay. (P3.2)

evidence required to achieve this criterion are: (A) The process of job evaluation used in the selected organization has been briefly explained, including: (1) knowledge and skill requirements; (2) decision-making authority; (3) working conditions; (4) salary increase and promotions; (5) overtime and shift pay. (B) Other factors that determine pay in the selected organization have been explained. (C) A conclusion has been drawn stating whether or not the job evaluation process and other factors determining pay in the selected organization contribute to the achievement of the organization’s purposes.

  1. Assess the effectiveness of the reward system in different contexts. (P3.3)

Evidence required to achieve this criterion are: (A) The reward system used in the selected organization has been explained including objectives, components and “total reward.” (B) How an ultra performance based reward system, a team-based reward system, and a profit-sharing reward system help in bringing about the following has been explained: (1) Attraction and retention; (2) Motivation and performance. (C) A brief conclusion stating whether or not the reward systems are effective has been made with reasons or evidence.

  1. Examine the methods that your organization uses to monitor employee performance. (P3.4)

Evidence required to achieve this criterion are: (A) The methods of monitoring employee performance in the selected organization have been explained. (B) The effect of these methods on the following has been explained: (1) Employee motivation; (2) Employee productivity.

  1. Identify the reasons for cessation of employment with an organization. (P4.1)

Evidence required to achieve this criterion are: (A) Four reasons for cessation of employment with the selected organization (such as retirement, justified dismissal) have been identified. (B) Four reasons for cessation of employment with another organization (such as retirement, justified dismissal) have been identified.

  1. Describe the employment exit procedures used by two organizations. (P4.2)

Evidence required to achieve this criterion are: (A) The exit procedures used by the selected organization for the reasons identified for P4.1 have been described. (B) The exit procedures used by a different organization change for the reasons identified for P4.1 above the have been described.

  1. Consider the impact of the legal and regulatory framework of employment cessation arrangements. (P4.3)

Evidence required to achieve this criterion are: (A) Important Maldivian laws relating to employment cessation have been explained. (B) Regulations concerning the cessation of employment have been explained. (C) The impact of these laws and regulations has been explained in terms of compliance.

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  1. Identity and apply strategies to find appropriate solutions. (M1)

Evidence required to achieve this criterion are: For P3.2: A brief recommendation has been made stating how the job evaluation process in the selected organization can be made more useful in achieving the organization’s purposes.

  1. Select/design and apply appropriate methods/techniques (M2)

Evidence required to achieve this criterion are: For P3.3: An appropriate method has been used to assess the effectiveness of the reward system in the selected organization and justified with valid reasons.

  1. Use critical reflection to evaluate own work and justify valid conclusions. (D1)

Evidence required to achieve this criterion are: For P3.3: New insights or recommendations have been created based on an assessment of the reward system in the selected effective organization.

  1. Demonstrate convergent/lateral/creative thinking. (D3)

Evidence required to achieve this criterion are: For P4.1: Innovative and creative thought have been applied in finding reasons for cessation of employment with the selected organization.

  1. Present and communicate appropriate findings. (M3)

Evidence required to achieve this criterion are: In all written work in this assignment: (a) The appropriate structure and approach have been used. (b) The expected sources have been cited and referenced where relevant. See the section titled “ Ethical Assignment Specific Instructions to Students”.

  1. Take responsibility for managing and organizing activities. (D2)

Evidence required to achieve this criterion are: For the whole assignment: (a) All written work has been written effectively and submitted on time. (b) All activities have been planned and carried out effectively and on time.

(This provides evidence for Learning outcome LO3 – assessment criteria P3.1, P3.2, P3.3 and 3.4; Learning outcome LO4 – assessment criteria P4.1, P4.2 and P4.3 with Merit criteria M1, M2, M3 and Distinction criteria D1, D2, D3.)