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(Solution) 5HR03 (AC2.2) Explain how contingent rewards can impact individual, team and organisational performance

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Solution Contingent Rewards Financial or non-financial awards given  upon meeting predetermined performance or outcome standards are known as contingent rewards.
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(Solution) 5HR03 (AC2.3) Explain the merits of different types of benefits offered by organisations.

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Solution Benefits vs Rewards Rewards are also referred to as non-salary remuneration and may be offered to the worker in
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(Solution) 5HR03 (AC2.4) Explain the merits of different types of recognition schemes offered by organisations

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Solution Recognition Schemes Recognition Schemes are formal structures implemented within workplaces to reward staff and encourage them for their hard
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(Solution) 5HR03 (AC3.1) Assess the business context of the reward environment

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Solution Reward management involves taking into account the business environment outside the organisation since its effectiveness and responsiveness may change
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(Solution) 5HR03 (AC3.2) Evaluate the most appropriate ways in which benchmarking data can be gathered and measured to develop insight

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Solution Benchmarking is the act of comparing the performance indicators and practices of one organisation with those of other organisations
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(Solution) 5HR03 (AC3.3) Explain approaches to job evaluation

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Solution Formal approach: Factor comparison Factor comparison entails comparing jobs against a number of predetermined job related factors for instance
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(Solution) 5HR03 (AC3.4) Explain the legislative requirements that impact reward practice.

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Solution The legal complements that can be considered as relative to Eco-Insulate are the Equality Act 2010, the National Minimum
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(Solution) 5HR03 AC1.1) Explain the principles of reward and its importance to organisational culture and performance management.

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Solution The term “total reward” describes the benefits an employee receives from their job, which go beyond their base pay
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(Solution) 5HR03 AC1.2) Assess the contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisational performance.

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Solution Extrinsic rewards External incentives refer to those that are provided from outside; they may include pay, incentives, and other
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(Solution) 5OS06 Leadership and management development Learner Assessment Brief Assessment ID / CIPD_5OS06_23_01

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Solution (Solution) 5OS06 Leadership and management development Learner Assessment Brief Section one – Questions   Analyse the external factors that
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(Solution) 5OS06 (AC1.2) Explain the meanings of ‘leadership development’ and ‘management development’ making a clear distinction between these two functions

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Solution Leadership Development Howlett (2020) defines leadership development as a process of improving individual capacity to mobilise and direct others
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(Solution) 5OS06 (AC1.3) Drawing on published models of contrasting leadership and management styles, explain the prevalent current approach in your organisation

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Solution Leadership Style at Saudi Aramco The Situational Leadership model by Hersey-Blanchard is a very popular leadership style in Saudi