Congruence between the organizations rewards and its strategic objectives.

Students are required to analyse a known organisation’s reward structure and systems. The focus of this analysis should be the congruence between the organisation’s rewards and its strategic objectives. Students should demonstrate the following:

Understanding relevant internal and external environmental issues

The competitive environment (e.g. product, labour market and regulatory conditions)

Organisational assumptions (e.g. predominant frames of reference, assumptions about motivation)

The employment relationship

Organisational objectives

Understanding the shape and rationale of the reward system

Internal and external alignment decisions

Pay structure and pay progression (where apparent)

Variable pay (where apparent)

Benefits and pensions (where apparent)

Non-financial rewards (where apparent)

YOU MUST READ THE ARTICLE AND FOLLOWING THE ARTICLE TO DEMONSTRATE!!!!!!!!!!!!!!

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