BB208 Managing People
Part AReward is one of the components of compensation and benefits. Apply effectively, it shapes behavioursand encourages good performance. Apply badly, it affects job satisfaction and encourages counterproductive work behavioursand job withdrawal. Assuming now a company is facing a high turnover among its good employees. After rounds of the exit interview, the company concluded that the reason mainly centresonthe perception of inequity in its reward system. From the perspective of outcome fairness and procedural justice, propose with justificationTHREE(3) practices/ suggestionsa company should implement to increase the effectiveness of its reward system.Part BInevitably, employees form judgments about their company. While favourable judgment shapes productive work behaviours, the negative judgment might encourage counterproductive work behaviours andjob withdrawal. Many news reveals that companies are facing complaints from employees on how they terminate or discipline their employees. From the perspective of outcome fairness and procedural justice, propose with justificationTHREE (3)practices/actionsa company should consider introducing when designing its internal disciplinary system.