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HRM2603 Assignment 8 Semester 1 2023 (Answers) Due (TODAY) 9 June 2023

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HRM2603 Assignment 8 Semester 1 2023 (Answers) Due (TODAY) 9 June 2023

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HRM2603 Assignment 8 Due 9 June 2023
(PASS WITH FLYING COLOURS)




HRM2603
ASSIGNMENT 8
9 JUNE 2023
SEMESTER 1 2023




HRM2603 Assignment 8 Due 9 June 2023
(PASS WITH FLYING COLOURS)

, Questions covered:
Question 1 ............................................................................................................................... 2

2.1 Complete the following table by indicating whether the benefits provided are legally
required or discretionary. ......................................................................................................... 3

2.1 Complete the following table by indicating whether the benefits provided are legally
required or discretionary. ......................................................................................................... 4

Question 3................................................................................................................................... 5

3.1 Identify and discuss the following: ..................................................................................... 5

(a) The internal factor that had an impact on the remuneration decision made by the owner of
Quick Clothing [4 marks]. Provide an example from the scenario [1 mark]. ............................ 5

(b) The external factor that enabled the surrounding shops to hire reliable workers for R30
per hour [4 marks]. Provide an example from the scenario [1 mark]. ...................................... 6

3.2 What are the implications of paying different salaries for the same job? ........................... 6

3.3 Is Quick Clothing’s salary externally competitive [1 mark]? Provide a reason for your
answer [1 mark] and a discussion [2 marks] on external competitiveness. ............................. 7

3.4 Identify [1 mark] and discuss [2 marks] the pay policy Quick Clothing has adopted.
Provide an example from the scenario to support your answer. .............................................. 8

Question 4................................................................................................................................... 9

The Remuneration Practices module is based on the remuneration framework (refer to figure
1.5 on page 13 in the prescribed book). Explain the remuneration framework and indicate
how all the components (building blocks, practices, and objectives) of the framework are
linked with one another............................................................................................................ 9

Question 5................................................................................................................................. 11

5.1 Select three positions in your department (this needs to include your position) or three
family members (this needs to include yourself). Identity these positions or family members.
.............................................................................................................................................. 11

5.2 Using the template below, perform a job analysis on each position: ............................... 11

5.3 Who do you think should be paid the least? Why do you say so? ................................... 14

5.4 Who do you think should be paid the most? Why do you say so? ................................... 15

5.5 Create a job hierarchy of these positions based on your job analysis. ............................ 15

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