HRM3705
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This exam pack for HRM3705 Compensation Management includes an examination paper from September/November 2021. The document provides comprehensive instructions for the exam, covering aspects like submission format, plagiarism policy, and use of The Invigilator app. It also contains case studies and questions, including a discussion on executive remuneration and a case study related to the remuneration of 15 new employees for a company called CustomAir. The content is useful for preparing for the...
This document provides exam elaborations and answers for the HRM3705 Compensation Management course. It addresses key topics such as the objectives of compensation management, employee retention, motivation, equity, and cost efficiency, using a case study on Mashaba Manufacturing. It also includes a detailed discussion of executive remuneration and the remuneration building blocks for the CustomAir case study. The content is an ideal resource for exam preparation and understanding complex concep...
This document is a comprehensive study aid for students of UNISA's Compensation Management course. It provides detailed answers and analysis for Assignment 2, covering key topics such as the Prospector and Defender business strategies, their impact on remuneration, and practical calculations for pay structures. This resource is ideal for students seeking to understand and complete their assignment effectively.
1.1. Identify [1 mark] and discuss [3 marks] Health Invention’s current organisational strategy 
according to the Miles and Snow (1978) classification. Provide an example from the case study 
to justify your answer [2 marks] 
1.2. In the case study it is indicated that Health Invention have decided to change their 
business strategy to maintain stable growth and to protect its current markets 
a. Identify [1 mark] and discuss [2 marks] Health Invention’s new business strategy (according 
to ...