Question 1:
(a) Define Reward Management and describe its main objectives from an organisation perspective.
(b) Describe the relevance of Performance Management in a reward management context.
Question 2:
(a) Explain the characteristics of a reward strategy.
(b) Define Performance-Related-Reward and briefly describe three reward schemes.
(c) According to you, why organizations are reluctant to implement a Performance-Related-Reward Scheme?
Question 3:
(a) Critically show 360 degree Feedback.
(b) What are the factors that are considered in developing 360 degree Feedback?