reward system at slm negotiation exercise not less than 1000 words report 1000 words
To develop critical and evaluative thinking by reviewing reward management and other HRM practices in the organisation – SLM Limited and to develop an understanding of contemporary reward theory and practice.
This assessment will be a case study/ role play exercise.Students, in groups of four, representing a management/HR team, will design a new incentive scheme for the case organisation (see case study document). You will then present your proposal to SLM and engage in convincing a second group, representing employees, of the value to SLM.In turn, the roles will be reversed.
. Working as a group you should: (Negotiation exercise)
- Put forward recommendations for a suitable reward policy and structures at SLM Limited that are based on a critical evaluation of the current situation and will demonstrate good practice in serving the future needs of the business, its clients and its employees.
- Hold negotiation meetings with union representatives, and explain and justify your recommendations to them, and answer any questions that they might have. In turn, the roles will be reversed.
- Act as a group of union representatives for another student group putting forward proposal for SLM Limited, and raise any concerns that you might have.
Produce an INDIVIDUAL written report setting out: (Report)
- your recommendations,
- your key arguments as put to the union, and
- An honest assessment as to the outcome of the meeting with the union.In the light of the meeting, how could your recommendations and arguments have been improved?
Note:
-0% plagiarism
-Harverd style referencing.
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