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CX663301 Human Resource Management

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Human Resource Management (CX663301)

   

Added on  2021-12-06

CX663301 Human Resource Management

   

Human Resource Management (CX663301)

   Added on 2021-12-06

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Human Resource
Management
CX663301 Human  Resource  Management_1
HUMAN RESOURCE MANAGEMENT1
Question 1: Remuneration
A.
In the case study, Bob surveyed the salaries of other firms to know their salary
structure which attract the candidates to enter the company. The main purpose of estimated
the salary of the other firms is to provide the right amount of salary to the employees. This
estimation helps the Bob to analyse the market salary structure to divide the salary of
employees and other benefits that are necessary for employee to get. Bob can use this data as
a strategy; he can provide the best salary to the employees as compare to the other firms so
that they are more attracted towards the organisation (Brewster, 2017). It has been seen that
the fair reward and remuneration system is implemented in an appropriate manner in the
organisation on the basis of using salary survey. Nowadays, employees are more conscious
about their salary and incentive structure as per their responsibilities and jobs. For making the
remuneration plan, it is required to survey the salary data so that the company can provide the
appropriate remuneration to new employees. Salary is a factor which helps the company to
analyse the competitive position in the market. Bob use the different methods to analyse the
salary of the other firms. Salary survey helps the company to get the brief look on the internal
and external environment (Hubbard, Rice and Galvin, 2014).
B.
The statement is correct that the remuneration is not only to reward his new staff
members but also helps to sustain them. In order to achieve these objectives, Bob has to
prepare the perfect salary and incentive plan for the employees so they can attract towards the
organisation and sustain them for time. Incentive and salary plan helps to improve the
performance and productivity of the employee (Ibec, 2018). Beside this, face to face meeting
CX663301 Human  Resource  Management_2
HUMAN RESOURCE MANAGEMENT2
is also essential to aware the employees regarding their responsibilities and project. After
providing the whole information to the employees regarding the project; they will attract
towards the organisation to join and to stay for the long time. After joining of employees,
Bob will explain the opportunities which encourage the employee to sustain for long time.
Additionally, Bob has to explain the demand of designer garden on the future basis. He has to
aware the employees by making the practical plan of their increasing demand of designer
garden. Increasing demand helps encourage the employee to work with the organisation for
long time. The method of explaining the information helps the Bob to retain his employee for
long time.
C.
Non-Financial benefit
Facilities
The company can provide the extra benefits to the employees and their family such as
children education, medical facilities and many more. The facilities play the roles as an
appreciation after succeeded in developing Designer Gardens. These facilities encourage the
employees to perform well their responsibilities. Besides this, Bob can organise the events
and parties for the celebration of their success in the Designer Gardens business. The
company can provide the flexible schedule to the Landscape Aristech so that they have more
time to spend time with their families and themselves. Events and parties motivate the
employees to more focus on the work (AHRI, 2018). These parties will be well organised so
that the employees can enjoy that moments and more focused to achieved the success in the
future. The company can also organise the parties for their families so that the employees can
maintain the work life balance. The company can provide the trip facilities for their
employees after the success of Designer Gardens business. They can also plan the family
CX663301 Human  Resource  Management_3
HUMAN RESOURCE MANAGEMENT3
trips for them so that they can maintain their personal life with the work life (Bailey Mankin,
Kelliher & Garavan, 2018).
D.
Incentive plan of the company is prepared to encourage the employee to perform well
in the workplace. With the help of performance indicator, effective incentive plan is prepared
by the organisation. Incentives are also used by the company to appreciate the employees for
their work. Effective incentives plan improves the productivity of the employees by
appreciating them for their work (Parmenter, 2015).
Quality and quantity are the main performance indicator which helps to make the
effective plan. Incentive plan is prepared on the basis of quality; quality method is classified
into different ranks such as excellent, good and fair. The incentive is distributed as per the
quality rank of employees. Quantity is another method which helps the company in
distributing the incentives to employees. Higher quantity performer gets the high incentive as
compared to the other employees (Bai, and Sarkis, 2014).
E.
Allowance
An allowance is a sum of money that is paid regularly to employees to meet need or
expenses. Bob also has to provide the allowances to the Retail Assistance for their
conveyance. Bob appoint the two retail assistant as per the full time and part time jobs. The
retail assistants have the more responsibilities and commitments towards the organisation.
The company has to provide the allowances which make the work easier for them.
Conveyance and Transport Allowances
CX663301 Human  Resource  Management_4

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