HRM2603 ASSESSMENT 6 SEMESTER 1 2024 Consult the internet and download the remuneration report of an organisation of your choice (e.g. FNB). Study this report and answer the following questions. 1.1 Provide the link to the remuneration report [1 mark] a

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Table of Contents
Financial Remuneration Components..................................................................... 4

Non-Financial Remuneration Components: ............................................................ 5

Examples from Old Mutual ..................................................................................... 6

Financial Remuneration Components:.................................................................... 6

Non-Financial Remuneration Components: ............................................................ 7

Internal Alignment ................................................................................................... 8

External Competitiveness ....................................................................................... 9

Examples from Old Mutual ................................................................................... 10

References ............................................................................................................... 14




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, BMZ ACADEMY

Consult the internet and download the remuneration report of an organisation of your
choice (e.g. FNB). Study this report and answer the following questions.

1.1 Provide the link to the remuneration report [1 mark] and a screenshot of the front
page of this report [1 mark]. (2)




https://www.oldmutual.com/v3/assets/blt566c98aeecc1c18b/blt22273813d17464d4/6
60323f6be6c7e040ad06226/Remuneration_report_2023.pdf

1.2 Analyse the range of remuneration components (financial and non-financial)
offered by the organisation. Your analysis needs to include a theoretical discussion
[5 marks] as well as practical examples [10 marks] of each type of component from
the report to demonstrate your understanding of the learning material. (15)
According to Coetzee, Bezuidenhout, Furtak and Lee (2020) remuneration is the total
compensation received by an employee including base salary, bonuses, commission

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