Human Resource Management – Transparency

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Traditionally, organizations in the private sector have kept information about pay policies secret and precise. Employees will only feel that the reward management processes of an organization are fair if they know what they are and how they are used to determine their level of pay and methods of pay progression, they need to seek a clarity on this part to give the desired outcomes. One of the aims of reward management should be to enhance engagement and commitment, but there is no possibility of this being achieved if the organization is secretive about pay. Employees also feel cheated by this practice of the organization.

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Following are some of the topics in Human Resource Management - Reward Management in which we provide help:

Reward Management
The Aims of Reward Management
Reward Management Processes and Activities
Inspiration and Values
Organizational values and behaviors
Reputation of the organization
Risk sharing
Recognition
Communication
Perception of the value of work

Challenge/interest
Physical environment
Job training (current position)
Safety/personal security
Work/life balance
Security of income
Social environment
Reward Policies
Level of rewards
External competitiveness versus internal equity

Use of job evaluation
Achieving equal pay
Total reward policy
Contingent rewards
The role of line managers
Transparency
Assimilation policies
Protection policies
Motivation and reward
Motivation and Financial Incentives and rewards