Develop Organisational Reward Packages and Approaches Based on Insight. organisationalreward packages and approaches are essential components of a successful human resource strategy. A well-designed reward system can help attract, motivate, and retain talent, ultimately contributing to the organisation’s success. Research provides valuable insights that can guide the development of effective reward packages and approaches. There […]
Peter Cheese, current CEO of CIPD asserts, ‘People professionals are a vital function in supporting businesses to adapt to rapidly changing circumstances’. explain two different models or theories to managing change. (ac 2.3) Change management is a critical aspect of any organisation’s ability to adapt and thrive in a dynamic environment. Here are two […]
Differentiate between employee involvement and employee participation and how it builds relationships. (ac 1.2) Employee involvement and employee participation are two distinct approaches to engaging employees in the workplace, each with its own depth and impact on decision-making processes. Employee Involvement is a management philosophy that emphasizes the importance of employees being involved in […]
Review the role of people practice in supporting line managers to make consistent and appropriate reward judgements (A.C 3.2) People professionals play a pivotal role in supporting line managers to make consistent and appropriate reward judgments. This support is multifaceted, encompassing compliance with legislation, ensuring equity and fairness, and fostering a culture of recognition […]
5HR03 Reward for Performance and Contribution Case study Leia Technologies was formed in 2017 and employs 75 people. Recently the company has launched its new app “Money4Future” and provides saving and investment products including Lifetime ISAs, pensions and saving accounts. After a hectic start up, the company’s HR team is now able to […]