International Performance and Reward Management 44-708970

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This word limit relates to the word count given by the word counters in Microsoft Word and should be included on your cover page.  When your work is 10% over the word limit, markers will stop reading your work.  Essays less than 90% of the word count will most likely fail due to lack of content.

 

Here is some information to help you understand what is included in your word count:

 

a)      appendices should not be included in word count – if however, you use your appendices to extend your essay word count then these will be included in the word count.

b)      tables should not be included in word count if these are used to present quantitative data but should be included if they are constructed using words.

c)       quotations and citations should be included in word count.

d)      the reference list should not be included in the word count.

the executive summary should not be included in the word count (it is not required).

Please select from ONE of the coursework options below:

Option one:  A review of PRM at your own organisation (or one with which you are familiar or chose to research) and associated questions.  This is recommended if students have sufficient access to PRM information on an organisation. 

Option two: The module also provides an alternative assessment for those students who do not feel they have sufficient access to PRM at an organisation.  This alternative coursework is a case study of PRM at Chocoto. This is a case study of a fictitious grower, manufacturer and retailer of fine quality chocolates.  The assessment requires you to read the case study and write an assignment which answers the questions set for the case study.  Details of this case study option can be found later in this module guide and on the module Blackboard site under Assessment.

Students can perform equally well by selecting either option.

Assessment Brief

Please select from ONE of the coursework options below: 

Option 1 – own organisation  

Critically evaluate the Performance and Reward offering at your organisation*, identifying the current main challenges facing it and how your organisation* might improve on their offering in order to meet these challenges?

      *Or another organisation with which you are very familiar

Base your evaluation and recommendations on the questions below:

Part 1: Review of current practice (30%, approximately 750 words)

  • Critically evaluate the performance and reward offering at your organisation*:

Ensure you use theories, concepts and models and literature as an evidence base and to assist you in your analysis. Use PRM information from the organisation you have selected to provide the basis of your review, e.g. how does the current PRM package help the company in what they are trying to achieve (business plans, mission, vision, values, legally, ethically etc).  

Part 2: Analysis of potential challenges and issues (20%, approximately 500 words)

Discuss the cultural and PEST (political, economic, social and technological) challenges and factors that need to be considered when developing the new PRM Strategy and its implementation

Part 3: Development of a Total Rewards Strategy and Performance and Reward Policies, Tools & Procedures (50%, approximately 1250 words)

  • How might your organisation* improve on their offering in order to meet these challenges?

Provide justified and well-argued recommendations and solutions for the suggested PRM approach.  These should include:

  • A suitable reward package i.e. tangible and intangible; pay, benefits and intangible rewards; what rewards are suitable given the current climate?
  • An appropriate performance management system and associated practices, procedures and tools i.e. how will performance be measured, managed, evaluated and rewarded? Think of organisational and individual performance levels.

 

Provide a rationale for your choices and justification for them via a mixture of theory, models, literature and comparisons with other organisations. 

 

Plus a relevant conclusion of course!

 

The above weightings (30% etc.) are there as a guide to how much effort / word count you should devote to each part/question.  You will also need an introduction and conclusion.  The final overall mark will also be moderated (up or down) based on the other aspects of the marking matrix (see Assessment criteria) e.g. use of theory/models/concepts, use of evidence and general and presentational aspects of your work.  

Option 2 – Chocoto - case study brief

This assessed case study is based on Chocoto, a fictitious grower, manufacturer and retailer of fine quality chocolates.  They are a multi award winning UK-based firm with some European presence that now wants to move into the global marketplace.  They have an interesting Performance and Reward offering and for this case study, you will be evaluating this and formulating ideas to improve it.

Below, you will find information about this fictitious company.  The information is written as if it has been taken off the company web pages to make the case study seem more real to life.  As you will see, the company is fairly young and has a strong culture focusing on sustainability and ethical business practice.  Please look at the information with an academic and critical eye.

We hope you enjoy this case study, learn via your research and formulating your answers and reach your full potential in this assessment.

 

 

Price: £120

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