Other
HRM3705 ASSIGNMENT NO.2 YEAR 2021 SUGGESTED SOLUTIONS
- Course
- Institution
- Book
Suggested solutions for HRM3705 Assignment no.2 year 2021, please do copy and paste to avoid plagiarism
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
HRM3705 Assignment 3 Semester 2 2024 | Due 17 September 2024
-
HRM3705 Assignment 3 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED
-
HRM2603 ASSESSMENT 6 SEMESTER 1 2024 Consult the internet and download the remuneration report of an organisation of your choice (e.g. FNB). Study this report and answer the following questions. 1.1...
2 reviews
By: 41747771 • 3 year ago
By: sashajvr • 3 year ago
Seller
Follow
dariuscotley
Reviews received
Content preview
HRM3705 ASSIGNMENT 2YEAR 2021
, TABLE OF CONTENTS
1.1. Identify [1 mark] and discuss [3 marks] Health Invention’s current organisational strategy
according to the Miles and Snow (1978) classification. Provide an example from the case study
to justify your answer [2 marks]. .............................................................................................................. 3
1.2. In the case study it is indicated that Health Invention have decided to change their
business strategy to maintain stable growth and to protect its current markets............................... 3
a. Identify [1 mark] and discuss [2 marks] Health Invention’s new business strategy (according
to the Miles and Snow classification). Provide an example from the case study to justify your
answer [2 marks]. ....................................................................................................................................... 3
b. Differentiate between the different remuneration strategies for Health Invention’s current
and new strategy. ....................................................................................................................................... 4
1.3. From the case study, Health Invention has implemented career family structures. Discuss
the characteristics of such a pay structure [3 marks] and apply your answer to the case study [4
marks]. ......................................................................................................................................................... 4
2.1. Based on the case study: .............................................................................................................. 5
a. Do you think that the remuneration objective equity is achieved at Mpofu Cleaning Centres?
[1 mark]. Provide an example from the case study to support your answer [1 mark]. .................... 5
b. Identify [1 mark] and discuss [3 marks] the type of equity that is relevant to the case study. 5
c. Explain to Elijah the consequences if they do not adhere to the objective of fairness. ........... 5
2.2. Based on the remuneration information of Naledi Engineering Systems (Exhibit 1.1), do
the following calculations: ......................................................................................................................... 6
a. The range spread for positions in the E grade [4 marks]. Based on the calculation, identify
the type of position this could be classified as [1 mark] and your observation regarding positions
in the E grade [1 mark]. ............................................................................................................................. 6
b. Calculate the midpoint spread for the C grade positions [7 marks]. Discuss your observation
regarding the calculated midpoint spread [2 marks]. ............................................................................ 6
3.1. Identify Decker Manufacturing’s pay policy [1 mark] and substantiate your answer from
the case study [1 mark]. ............................................................................................................................ 7
3.2. Discuss the pay policy you identified in 3.1 [3 marks] and apply your answer to the case
study [2 marks]. .......................................................................................................................................... 7
3.3. Identify and discuss the external [4 marks] and internal factors* [5 marks] that will
influence remuneration practices within Decker Manufacturing. Provide examples from the case
study to substantiate your answer for each of the factors identified [9 marks]. ................................ 8
References ................................................................................................................................................. 9
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller dariuscotley. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.66. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67474 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now