The Relevance And Availability Of Reward Data To Your Chosen Organization: Reward Management Assignment, UCC, Ireland

Assessment brief/activity

 Based on comprehensive research, you are required to produce an academic paper, analyzing the key factors in a successful reward environment, then applying them to an organization you are familiar with.

In your paper, address the following key headings:

 1. Reward Analysis

The relevance and availability of Reward Data (Internal and External) to your chosen organization. The links between Reward and Business Strategy in the organization, considering Internal and External context and culture. A critique of the organization’s existing Reward Strategy outlining the key factors contributing to its success or failure.

2. Key Reward Principles

Evaluate the Key Reward Principles listed below and discuss how they are applied, or not, within your chosen organization:

a) Total Reward and the contribution it makes to sustainable organizational performance.

b) Best practice in regards to equitable, fair, consistent, and transparent Reward policy, and how it compares to your chosen organization.

3. Role of Line Manager

Discuss the role of the line Manager in Reward Decision in the organization and how it can and should contribute to decisions on Reward. Consider the impact on morale, motivation the psychological contract, and ultimately organizational success.

4. Conclusion and Recommendations

Considering all of the above make a clear, concise, and actionable set of  conclusions and recommendations to  improve or build a successful  Reward system in your organization