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This paper revolves around Reward Management, you are supposed to assess the context of reward environment and key perspective that inform reward decisions and explain the relevant ways in which reward intelligence could be collected and presented, furthermore, evaluate and explain the key reward principles and the implementation of policies and practices also the role of line managers in making reward decisions.
RMT assessment brief
This assessment is made up of one part, assessment activity 1.
CIPD learning outcomes and assessment criteria
The following table sets out the CIPD learning outcomes and associated assessment criteria:
1.1 Assess the context of the reward environment and key perspectives that inform reward decisions.
1.2 Explain the most appropriate ways in which reward intelligence can be gathered and presented.
2.1 Evaluate the principle of total rewards and its importance to reward strategy.
2.2 Explain the significance of equity, fairness, consistency and transparency as they affect reward policies and practices.
2.3 Explain how policy initiatives and practices are implemented.
3.1 Explain the various ways in which line managers contribute to reward decision making.
3.2 Assess the contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisation performance.