BHM 322: Work and Reward Notes

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TABLE OF CONTENTS
CHAPTER ONE 5
WORK AND EMPLOYMENT RELATIONSHIPS 5
1.1 Work 5
1.2 Theories about work 6
1.3Unitary and pluralist view 8
1.4 Organizational factors affecting work 9
CHAPTER TWO 12
CHANGING ROLE OF A WORKER 12
2.1The changing role of the process worker 12
2.2 Changing patterns of work 13
2.3Unemployment 15
2.4 Attitudes to work 15
CHAPTER THREE 17
EMPLOYMENT RELATIONSHIP 17
3.1The employment relationship 17
3.2Dimensions of the employment relationship 18
3.3 Defining the employment relationship 19
3.4 Significance of the employment relationship concept 19
3.5 Changes in the employment relationship 20
3.5 Managing the employment relationship 21
CHAPTER FOUR 24
REWARD MANAGEMENT 24
4.0 Reward management defined 24
4.1The aims of reward management 24
4.3The philosophy of reward management 26
4.4 Rewarding people 26
4.5The elements of reward management 27
CHAPTER FIVE 30
5.1Job evaluation 30
5.2Grade and pay structures 31

CHAPTER SIX 32
EMPLOYEE BENEFITS 32
6.1Definition 32
6.2Employee benefits 32
6.3Main types of employee benefits 33
6.4Flexible benefits 34
6.5Total remuneration 35
CHAPTER SEVEN 36
OCCUPATIONAL EMPLOYEE BENEFITS 36
7.1Objectives 36
7.2Main types of employee benefits 37
7.4 occupational pension schemes 39
7.5 Approved scheme 40
7.6 occupational scheme Benefits statements 41
7.7 Employee benefits, pensions and allowances 43
7.8The contribution of Human Resources 43
5.4 The significance of total reward 47
CHAPTER EIGHT 49
JOB EVALUATION 49
8.1Job evaluation 49
8.2Analytical job evaluation 50
8.3Concerned with the job not the person 52
8.4Types of analytical schemes 52
CHAPTER NINE 54
MANAGING REWARD SYSTEMS 54
9.1Managing reward systems 55
9.2 Reward budgets and forecasts 56
9.3 Evaluating the reward system 57
9.4 Compa-ratio analysis 58
9.5 What to communicate to employees 59
9.6 What to communicate to individual employees 60
REFERENCES 62

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