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The purpose of this assessment is for students to develop the skill of establishing a performance management system. In this report, you are required to identify, describe and evaluate the effectiveness of three (3) types of performance management systems available to contemporary human resource practitioners. Based on your analysis, you are then required to choose a performance management system and within that framework, develop an appropriate remuneration package, key performance indicators for the job (KPIs) and a behaviourally anchored rating scale (BARS) for a selected position. You will need to select an appropriate job description for this analysis. SEEK or LinkedIn are good sources for job descriptions. Feel free to be creative e.g., you may wish to pose as a consulting company or an internal HR manager providing advice to client. A structure for the report might be: – Introduction (100 words) – Evaluation of performance management systems (500 words) – Introduce selected performance management system and job (100 words) – Remuneration package (250 words) – KPIs (250 words) – BARS (200 words) – Conclusion (100 words) – Appendices – References
Design fundamental components of remuneration and performance management systems and processes This assessment is an individual assessment and requires you to write an essay of 1,800 words (+/- 10%). Read the Case Study on the LMS. As a HR Consultant for the Case Study organisation, or an organisation of your choice (approved by the Facilitator), you have been asked by the CEO of the organisation to put forward a paper on remuneration systems. First you will outline the purpose of the paper and relate it to the Case Study and the remuneration system evident, or not, in the Case Study. Define remuneration in terms of position-based and person-based systems. In the essay you need to outline the drivers/elements of the different remuneration systems. You need to provide a comprehensive analysis and demonstrate analytical and a critical analysis of the literature. Remember, you are the Consultant and you need to demonstrate that you have an understanding of the current remuneration system in the organisation and the ability to make a recommendation for a new or revised remuneration system based on your research. The guiding task/question is: As the Consultant to the Case Study organisation you are to conduct an analysis of position-based and person based remuneration systems. Which person-based remuneration system or hybrid of systems will you recommended for the Case Study organisation? And why? Note: whilst contemporary practice prefers person-based systems you may argue for an element/s of position-based systems but you must provide justification. You are to answer the question and make an argument relative to the drivers/elements of a remuneration system. For instance, when you identify a driver/element you must argue why it is important and critical to the employees and the goals of the organisation. You should adopt an analytic and critical approach, as opposed to a purely descriptive one, in writing your essay. Your argument(s) must be supported by evidence, including material from contemporary (beyond 2007) academic refereed journal articles. You must use at least fifteen (15) contemporary academic journal articles (Do not cite the internet). Ensure you follow the criteria rubric in terms of the structure of the essay and the content. Read every section of the criteria rubric and respond accordingly. Note: Marking criteria by way of a criteria rubric will be provided on LMS for this assessment item.
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