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(Solution) CIPD 5HR02- Talent Management and Workforce Planning

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Solution Competitive Labour Market A competitive labour market is one where many employers are competing for access to a limited
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(Solution) CIPD 5HR02- Talent Management and Workforce Planning

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Solution Competitive Labour Markets Competitive labour markets exist when there are many employers and employees actively competing for each other.
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(Solution) CIPD 5HR03 approaches to performance management. (AC 3.1)

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Solution Assess different approaches to performance management. (AC 3.1) Short references should be added into your narrative below. Please remember
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(Solution) CIPD 5HR03 appropriate ways in which benchmarking data can be gathered and measured to develop insight. (AC 2.2)

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Solution Evaluate the most appropriate ways in which benchmarking data can be gathered and measured to develop insight. (AC 2.2)
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(Solution) CIPD 5HR03 business context of the reward environment. (AC 2.1)

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Solution A PESTEL analysis is a framework used to analyse the macro-environmental factors that may have an impact on an
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(Solution) CIPD 5HR03 contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisational performance. (AC 1.5)

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Solution Assess the contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisational performance. (AC 1.5) Short
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(Solution) CIPD 5HR03 different types of benefits offered by organisations and the merits of each. (AC 1.4)

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Solution Benefit CIPD (2023) defines benefit is an advantage or profit gained from something that helps or assists employees to
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(Solution) CIPD 5HR03 how policy initiatives and practices are implemented. (AC 1.2)

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Solution Initiatives for reward policies provide as recommendations for designing and implementing equitable, open, and transparent rewards as evidenced by
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(Solution) CIPD 5HR03 legislative requirements that impact reward practice. (AC 2.4)

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Solution Explain the legislative requirements that impact reward practice. (AC 2.4) Short references should be added into your narrative below.
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(Solution) CIPD 5HR03 line managers make reward judgements based on organisational approaches to reward. (AC 3.3)

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Solution Explain how line managers make reward judgements based on organisational approaches to reward. (AC 3.3) Short references should be
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(Solution) CIPD 5HR03 organisational reward packages and approaches based on insight. (AC 2.3)

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Solution Benchmarking entails obtaining information from several organizations and using it to compare pay structures in order to make greater
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(Solution) CIPD 5HR03 people and organisational performance can impact on the approach to reward

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Solution The capacity of employees to carry out their tasks and obligations in accordance with their employer’s requirements is known