Reward System | Case Study Report

Running head: REWARD SYSTEM
Reward System
Name of the student
Name of the university
Author Note:

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Table of Contents
I. Introduction..................................................................................................................................3
A. Brief description of Cheesy Pizza (the company):.....................................................................3
B. Purpose of the assignment:.........................................................................................................4
C. Scope:..........................................................................................................................................4
II. Objective Overview....................................................................................................................5
A. Purposes/Aims of a Reward System slide:.............................................................................5
Motivate employees:................................................................................................................5
Retention of management members and employees:..............................................................5
III. Reasons for attention to Reward Design:..................................................................................6
A. The reason for the reward system:..........................................................................................6
B. To align Cheesy Pizza's reward system to business strategy and employees' need is another
reason:..........................................................................................................................................7
C. Management need to ensure reward system complies with the pay legislation of Singapore:
.....................................................................................................................................................8
D. Reason for attention is to take the economic climate of Singapore in the reward design:.....8
E. Cost effective with a budget:...................................................................................................9
IV. Designing factors in Reward System........................................................................................9
A. (Design/Designing a Reward System slide, Payment systems section):....................................9
B. Briefly say................................................................................................................................10

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C. Cheesy pizza, in designing the reward system, should consider:.............................................10
D. Pay structure... (recommend) several pay structures ... 2 types):...........................................10
E. Extrinsic and Intrinsic reward (praise, career, job ro) (Extrinsic vs Intrinsic...........................11
Rewards slide) → briefly talk about Maslow's Hierarchy of Needs, Hereberg's Motivators and
Hygiene Factors:............................................................................................................................11
F. Total Reward:............................................................................................................................11
G. Reward mix - Pay + benefits + incentives (commission, individual, team):............................11
V. Implementing Design (factors):................................................................................................12
A. Communicate to all employees → understand or accept.....................................................12
B. Seek management for approval and changes, if needed......................................................12
C. Train department managers on the reward system - help HR explain to employees reporting to
them:..............................................................................................................................................12
D. Gather feedback from different groups of managers/employers – to reframe or improve the
new reward system:.......................................................................................................................12
E. Inform the trade union - to seek that support and help company to communicate/or to explain
to their union members - gain acceptance:....................................................................................13
VI. Conclusion:..............................................................................................................................13
References:....................................................................................................................................14

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I. Introduction
A. Brief description of Cheesy Pizza (the company):
Cheesy Pizza is a pizza manufacturing and marketing firm which is aiming to enter
Singapore and Hanoi, the capital city of Vietnam. The analysis of the case study uncovers
several facts about the firm under study namely, Cheesy Pizza. First of all, the case study clearly
mentions that Cheesy Pizza is expanding into Singapore. As per an article published in
Globalnewswire, the pizza and burger segments of the fast food is going of experience expansion
and going to emerge into as one of the largest segments in the global fast food market
(Globenewswire.com. 2019). As far as Singapore is concerned, the fast food market of the
country is already saturated and competitive with fast food giants like MacDonald’s and KFC
commanding around 40% and 13% of the market respectively. Thus, it is clear from this analysis
that it is extremely difficult for smaller fast food chains like Cheesy Pizza to enter the
Singaporean market. This it can be established that Cheesy Pizza is financially and competitively
strong enough to enter the market and sustain competition from its more powerful counterparts
(Lim and Rong Wei 2019). The scenario of the fast food market in Vietnam is however different
from that of Singapore. The fast food giants like MacDonald’s have failed to compete local the
fast food chains in Vietnam unlike Singapore (Turner 2018). Thus, the second fact which
surfaces about Cheesy Pizza is that the firm has the competitive strength of competing with local
scale fast food chains as well. The third finding which comes to the forefront is that the firm is
capable of making and implementing decisions for markets like Singapore and Vietnam with
diverse market conditions. The fourth factor which comes to the forefront is that Cheesy Pizza is
an employee centric firm and adopts strategic human resource management right from the apex