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IOP3706 assignment 4 solutions semester 1 2024 (Full referenced solutions)
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100% accurate and reliable assignment solutions for IOP3706 assignment 4 semester 1 2024: Due date 28 May 2024
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Exam (elaborations) IOP4863 Assignment 3 (COMPLETE ANSWERS) 2024 (748422) - DUE 25 July 2024 • Course • Personnel and Career Psychology - IOP4863 (IOP4863) • Institution • University Of South ...
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IOP3706Assignment 4 SEMESTER 1 2024
Unique Number:
DUE DATE: 28 May 2024
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QUESTION 1.1
The main purpose of reward and remuneration includes attracting high-quality
employees, retaining their services, improving employee performance, ensuring
fairness, legal compliance, controlling labor costs, and motivating staff (Gilman,
2009; Torrington et al, 2009). The reward and remuneration system helps in
attracting and retaining talented employees, as prospective employees compare
pay scales and will choose jobs that offer higher salary. It also helps in improving
employee performance by recognizing hard work and excellent performance and
motivating employees to exert higher levels of effort.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
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