Bachelor of Business

HUMAN RESOURCE MANAGEMENT BU7002 Level 7

Semester 1 – 2020/2021

HRM ASSIGNMENT 2: Individual work (Compensating Human Resources)

Type: Individual Report in the form of a screencast + script

Due date: Sunday, 13th December 2020 at 4:00 PM [Turn-it-in submission]
Lengths: 7 Minutes (+/- 10%)
File Type: MP4 (other media files will not be accepted)
Submission: via Moodle – File Size maximum 20 MB + Script

Learning Outcomes:
2. Analyse appropriate models used across a broad range of Human Resource Management workplace practices.
3. Compare and contrast a range of Human Resource Management strategies to achieve an optimal workforce.

Scenario:
You are hired as the HR Consultant by the company that you created for Assessment 1. You are required to propose a reward package for a job in the company. The
Director of Human Resource Management for the company is unsure of what should be offered in terms of reward. You are required to recommend the reward package to
the Director of HR. Ensure that your reward package is aligned to the relevant external and internal factors that a company must consider when deciding on and designing
reward packages.

Task:
Use the Total Reward Approach to design and recommend the total reward package (TRP) for a job of your choice in the company (SME) you have created. In order to
justify the recommended package, you will also submit a simple job description for the chosen job, as one of the supporting documents. The package will be for a different

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job but placed in the same company (of group project); however, the position will be discussed with tutor as no two students from a group will work on the same position.
(Example: if you used the Marketing Manager’s job in Assessment one, you should use another job now. E.g.: Customer Care Executive or Accounting Manager).
You are expected to present your work in screencast using PowerPoint slides. To assist you in setting up a screencast using PowerPoint please refer to the PDF file called
“Guide Screencast in PPT”.

Screencast Instructions:
Your screencast should be clear, concise and well organized. Your work should follow the appropriate style guidelines page with student name, ID, tutor, course, class
number. The assessment will be delivered in the form of a screencast lasting for 7 minutes (+/- 10%) and a script of that. Your face MUST appear in the screencast while
presenting. You are required to develop a power-point presentation deck of your ideas presented by your voice-over in audio form. Further resources on recording and
developing screencasts are available on Moodle.

Please ensure your file is no bigger than 20 MB as this is the maximum capacity for Moodle. It should be submitted on time and supported with in-text referencing, if
appropriate, and must include APA reference list. Trustworthy sources are required.

For your screencast, please follow the framework below, which provides a detailed description of what is
required and the marks available.

- If the length restriction of the screencast (i.e. 7 minutes) is not respected, 5% will be deducted from the assessment grade for every extra minute.
- If the file format of the screencast is not MP4 your screencast will not be viewed, and you will receive Zero grade for this assessment.
- If the script is not submitted, your screencast will not be viewed, and you will receive Zero grade for this assessment.

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 Section Description
1 Business Case Introduce the purpose of the report in context of the scenario given. Provide an overview of the company and the job for which the
LO 2, 3 total reward package is developed.

2 Total Reward Approach Explain the Total Reward Approach for the company you are consulting by addressing “what is the strategy of the company, what are
LO 2 the elements of the total rewards approach and what is the outcome of providing not only compensation but total reward package to
the employee”.
3 Recommendations of the Recommend the total reward package for the job under consideration. Ensure that you provide both Financial and Non-financial
Total Reward Package rewards to create value for organization and the employee:
LO 2  Base pay & Contingent pay
 Benefits (Mandatory and Discretionary)
 Work Experience
 Recognition, Achievement and Growth
 Learning and Development

(Your reward package must be developed using Armstrong’s approach. Any other model/approach used will be awarded Zero.)
4 Justifications of the Justify your recommendations considering internal and/or external influences:
Recommendations - Internal Influences:
LO 3  The appropriate mix of financial and non-financial compensation
 Balance between fixed and variable compensation
 Employee Motivation
 Development of overall cost-effective program that results in High performance.
 Is compensation plan is aligned with the company needs and strategy

- External Influences:
 Legal/regulatory issues
 Cultural influences and practices
 Competition in the market

(Your justification is not limited to these factors only. You can include other relevant factors that you deem appropriate. )
5 Supporting Documents Documentation to illustrate internal and external environment analysis. (job description, labour law references, survey of employee
LO 2 engagement/motivation or any other document)

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What do I want them LO How will I know they Marks/Grade Total
to do? can do it?
(Assessment Criteria) (Evidence)
10 - 8.5 8.4 - 7 6.9 - 6 5.9 - 0
Business Case 2,3 Provide an overview of You have You have completely You have described a You have not descried
[Section 1 of report] the company and the job comprehensively described a fictitious fictitious SME by the fictitious SME as Rubric:
for which the total described a fictitious SME by providing all providing relevant per the guidelines; and
reward package is SME by providing all relevant supporting supporting details at a /Or you have not Marking
developed. relevant supporting details to describe the satisfactory level, to correctly described the
scheme
details to describe the case; such as, describe the case. You purpose of the
for
case; such as, company company, history and have provided an specified job.
history and purpose. purpose. You have accurate purpose of 10 Report:
You have provided a provided a complete the job which does not
comprehensive purpose of the job and always identify its
purpose of the job by its importance in the importance in the
explaining its company. company.
importance in the
company accurately.

15 -12.75 12.6 – 10.5 10.35 - 9 8.85 -0

Use of Total Reward 2  Explanation of You have You have completely You have described the You have failed to only
Approach the Total comprehensively described the Total Total Reward or partially describe
[section 2 of report] Rewards described the Total Reward Approach and Approach and its the Total Reward
Approach Reward Approach and its purpose. Your purpose at a Approach. The
 Outcomes of its purpose. explanation shows satisfactory level. Your description is incorrect
using the Your explanation clear understanding of explanation shows a or incomplete.
approach demonstrates in-depth the different types of general understanding
understanding of the rewards and the of the different types 15
different types of outcome of using all of rewards and the
rewards elements and the elements to outcome of using all
the outcome of using achieve the company’s the elements to
all the elements to strategy. achieve the company’s
achieve the company’s strategy.
strategy.

35-28 27.9 – 17.49 27.6 - 21 20.9 - 0

Apply Total Reward 2,3 Appropriate A comprehensive total A complete total A complete total A total reward package
Model: Recommendations reward package is reward package is reward package is is presented only by
Recommend the Total  Base pay & presented with value presented with value presented. All identify five elements;
Reward Package (TRP) to Contingent pay creation for creation for elements are and /or only 2 out 5
create value for  Benefits organization and organization and addressed and at least elements are
organization and the  work Experience employee. All the five employee, at times. At 3 elements are addressed with
employee elements are least 4 elements are covered with completely 35
 Recognition, 4
[section 3 and 4 of the Achievement addressed with addressed with completely appropriate and
report] and Growth completely completely appropriate and realistic decisions.
 Learning and appropriate and appropriate and realistic decisions.
development realistic decisions. realistic decisions.