question 1a define reward management and

Question

Question 1:

(a) Define Reward Management and describe its main objectives from an organisation perspective.

(b) Describe the relevance of Performance Management in a reward management context.

Question 2:

(a) Explain the characteristics of a reward strategy.

(b) Define Performance-Related-Reward and briefly describe three reward schemes.

(c) According to you, why organizations are reluctant to implement a Performance-Related-Reward Scheme?

Question 3:

(a) Critically show 360 degree Feedback.

(b) What are the factors that are considered in developing 360 degree Feedback?