Total Reward Design and Management

Running head: TOTAL REWARD DESIGN AND MANGEMENT
TOTAL REWARD DESIGN AND MANGEMENT
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TOTAL REWARD DESIGN AND MANGEMENT
ABSTRACT
The following report focuses on the growing issue on basic pay structure of the Security
Industry. The report has demonstrated a compensation structure for the security department
which involves four job roles that is senior security officer, security supervisor, and senior
security supervisor. The new structure enables the security administration to modify the basic
pay and the overtime which will motivate the employees to work efficiently and thus
increases the productivity of the industry.

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TOTAL REWARD DESIGN AND MANGEMENT
Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................4
The Challenges faced by the Security Industry......................................................................4
Recommendation of the Security Tripartite Cluster..............................................................5
Conclusion..................................................................................................................................7
Reference and Bibliography.......................................................................................................8

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TOTAL REWARD DESIGN AND MANGEMENT
Introduction
The modern organisation seeks to ensure better facilities and working condition for
the working employees. This enables the organisation to attain employee retention and more
productivity in the organisation. Over the past years, the security industry has met with
several transformation. The Singapore Police has set up the Security Industry Regulatory
Department (SIRD) in 2004. This following report seeks to highlight the issue of over –time
and wage structure of the security department. The report also highlight the Recommendation
of the Security Tripartite Cluster (STC) and the new approach of the Security Tripartite
Cluster that is the “Payment Wage Model” which was introduced in October 2014. Analysing
the issue of the current security department issue the following pay structure has been
designed.