What is reward management, HR Management

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Question 1:

(a) What is the difference between a traditional and a modern method of appraisal and describe 3 examples of each?

(b) Describe what the problems of Performance Appraisals are and what are the major factors that will determine the success of an Appraisal System.

(a) Define the term ‘performance-related pay and briefly describe 4 different Performance-Related Pay Schemes.

(b) What is Reward Management and describe six aims of Reward Management from an Organisation's point of view?

Question 2:

(a) Discuss the effectiveness of 360 Degree Feedback by describing 5 of its advantages and disadvantages respectively.

(b) What are the key factors which are most likely to determine the success of 360 Degree Feedback?


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