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Remuneration and Performance Management Models

   

Added on  2023-03-23

10 Pages1633 Words37 Views
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Running Head:PORTFOLIO ASSIGNMENT
PORTFOLIO ASSIGNMENT
Name of the Student:
Name of University:
Author Note:
Remuneration and Performance Management Models_1

1PORTFOLIO ASSIGNMENT
Table of Contents
Portfolio A: Remuneration model...................................................................................................2
Market research...........................................................................................................................3
Company financial condition.......................................................................................................3
Job description.............................................................................................................................3
Transparency................................................................................................................................3
Employee engagement.................................................................................................................4
Implementation............................................................................................................................4
Portfolio B: Performance management model................................................................................5
Company goals and objectives....................................................................................................6
Performance development agreement..........................................................................................6
Action..........................................................................................................................................7
Monitoring...................................................................................................................................7
Feedback and rating.....................................................................................................................7
Reference.........................................................................................................................................8
Remuneration and Performance Management Models_2

2PORTFOLIO ASSIGNMENT
Culture Remuneration system
Market research
Company financial condition
Transparency
Evaluation of job description
Employee engagement
Implementation
Portfolio A: Remuneration model
Figure 1: Remuneration model
(Created by the author)
The organisational culture is a pertinent aspect that puts emphasis on the process of
delivering better remuneration model. From the research of Taufek, Zulkifle and Sharif (2016) it
can be stated that the culture of the organisation is the key factor that shapes the remuneration
system of accompany. Therefore, there are six components that helps the O’Meara Electronics
to facilitate a better remuneration system.
Remuneration and Performance Management Models_3

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