Essay
Essay HRM3701 - Applied Human Resource Management Competencies
- Course
- Institution
this is a model answer for HRM3701 assignment 2, semester 2 - 2022. All questions answered with examples.
[Show more]
Seller
Follow
ChrisHarrow
Reviews received
Content preview
HRM3701ASSIGNMENT 2
Applied Human Resources Management Competences
Semester 2 - 2022
,Table of Contents
Task One................................................................................................................................................1
Task Two................................................................................................................................................7
Question................................................................................................................................................7
2.1: Taking your advice, Piet asked Linda Saptoe, Kutlwano Jones and one senior administrator to
form a remuneration committee which will hold weekly meeting with him. The mandate of the
committee is to develop a remuneration policy. Piet also paid you a consulting fee to provide your
HR expertise. To guide the committee, you mention that the first step is to do an analysis of their
business environment and identify factors that could influence a remuneration policy. Discuss these
possible factors with the committee. (10).............................................................................................7
2.2. Explain to the committee how does the law regulate the remuneration within the South African
labour market? Refer to a specific Act and/ regulation. (5)...................................................................9
2.3. Assignment 02_ Task 2_Activity 2.3................................................................................................9
Self-reflection........................................................................................................................................9
Reference............................................................................................................................................10
, 1
Task One
1. Based on the complaints that Piet has heard from Dakalo, what are the
motivators necessary to retain these employees? Give reasons for your
answer. (5)
ClickMode will need to Pay well its employees. Forbes (2011) articulates that
employee payroll is not a long-term place to save money in business as such, it is
necessary to give the best employees golden handcuffs by paying above market
rates and provide incentives to be the highest paid employee in their field. The best
payment can land an expectance and achievement of the best. Furthermore, it is
necessary to for ClickMode to give employees the ability to make their own
decisions. According to Forbes (2011) it is necessary to give employees the ability to
make their own decisions and be responsible for their outcome. Surveys show that
employees that can have control over their daily environment have a higher level of
job satisfaction and stay longer. Moreso, ClickMode can creating a mentoring
programme to retain employees. According to Wanirch et al 2014:356 companies
cited retaining talent as a goal for their mentoring programme, companies report
noticeable reductions in attrition rates soon after initiating mentoring activities. Other
companies have found that the availability of mentoring programmes enhances their
success in recruiting top candidates. As such a mentoring programme can be
created by Piet in order to retain these employees.
2. Piet feels that because they are a small company, it is difficult for him to
provide both a cash payment and benefits. He has therefore approached
your HR consulting firm to assist him in understanding the benefits that his
employees are entitled to by law. (4)
unemployment insurance - The Unemployment Insurance Act No 63 of 2001
provides for the insurance of employees who are contributors to the unemployment
insurance Fund against the risk of loss of learnings arising out of unemployment due
to the termination of their employment illness maternity, payments to female
contributors who adopt children and for payments to the dependants of deceased
contributors.
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 ChrisHarrow. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.95. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now