a) What do you mean by reward policy?
b) What are the major components of a reward policy?
problem 2: The concept of psychological contract is a significant one to anybody comprised with reward management because it is mainly concerned with defining and meeting expectations concerning pay, performance and the development and application of competence and skills.
Critically examine this statement taking into account the changing nature of the psychological contract and its implications for the reward management.
a) What is the difference between job description and job evaluation?
b) describe any three methods used to assess jobs.
problem 4: A performance development plan can be employed to further the mission of an organization and improve the total quality of the workforce?
How far do you agree with this statement?
a) List down the components of Performance Management Cycle and comment on each one of them.
b) What are the main principles in the design of performance appraisals schemes?