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BTEC- HNC in BUSINESS Unit 21: Human Resource Management Assignment 2 Reward Management, Monitoring Performance and Exit Rights & Procedures Name- Karan Aggarwal Tutor- Marion Fieldstead Date- 23/01/08 Contents: Page: a.) Introduction......................................................03 b.) Evaluating the process of job evaluation and the main factors determining pay.....................................................04 c.) Reward systems..................................................................14 d.) Explaining the link between motivational theory and reward................................................................................23 e.) Exploring organisational approaches to monitoring performance.......................................................................32 f.) Evaluating exit procedures used by two organisations and comparing these to the best practice.................................43 g.) Analysing the selection criteria for redundancy..............51 h.) Appendices (Index)............................................................55 i.) Self Reflection & Evaluation............................................56 j.) Timetable...........................................................................58 k.) Bibliography/References...................................................59 Introduction True motivation comes from achievement, personal development, job satisfaction, and recognition. -Frederick Herzberg 1923-2000, US psychologist A simple "thank you" counts as employee recognition. But, you can also make employee recognition as elaborate as your imagination can conceive. Recognition is not a scarce resource. You can't use it up or run out of it. No budget is too small to afford employee recognition. For increased employee satisfaction, bring on lots of employee...

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