HRM313: (Total Reward Design and Management)

Module / Subject / School:

HRM313: Total Reward Design and Management

Singapore University of Social Sciences

Requirements: 

Question 1

(a) Examine and explain the total returns for work model as in pg 15, exhibit 1.5 (Total Returns for Work) in the Compensation textbook (14th Edition) (No more than 300 words)

(20 marks)

(b) If you were asked to apply the total returns for work model in your company, conduct a Strength, Weakness, Opportunity and Threat (SWOT) analysis to justify the application of model. (No more than 250 words)

(10 marks)

Question 2

You are the new HR officer and your manager has asked you to review the job and salary structure in your company. In the past, they have just paid employees according to an estimate of market pay. Thereafter, salary increase followed the average pay increases in Singapore.

Details of the jobs, number of employees and their salaries are given in appendix 1. Answer the following questions relative to the review on the jobs and salary structure:

a) Propose a review process (internal alignment) to validate the job grades and pay for the jobs given in appendix 1. (No more than 250 words)

(10 marks)

b) If the ranking order (JE) of the jobs were also aligned with the average market value of each job, develop a salary structure with the minimum, mid-point, maximum, range spread percent and mid-point progression data defined accordingly. Use the average pay as the mid-point value in each job grade.

(10 marks)

c) Explain the rationale for defining the mid-point value and the range spread for each grade. (No more than 250 words)

(10 marks)

d) Determine the negative consequences of a poorly developed structure (job and salary)? (No more than 250 words)

(10 marks)

Question 3

Using the data in appendix 1, provide answers to the following:

(a) Develop a competitive pay analysis (based on total cash basis) outlining the market pay variance for each grade and cumulative total.

(10 marks)

(b) Considering the negative pay variance versus the market total cash pay, recommend TWO (2) alternatives to close the gap.

(10 marks)

Assessment structure

Do note that the overall report will be graded in terms of the following:

Structure of each question

(5 marks)

Language and organization of each question

(5 marks)

What we score:

78%

Our Writer’s Comment 

This assignment is designed to assess students’ understanding of business practices.

To secure an A+ grade, adhere to these guidelines and make sure your work aligns with the grading criteria:

Question 1

(a) Total Returns for Work Model (20 marks)

For this part, the Compensation textbook’s Exhibit 1.5 is your starting point. You’ll need to clearly explain the total returns for work model. Focus on the two main components: total compensation and relational returns, breaking them down into elements like base pay, bonuses, development opportunities, etc. To make it clear for the reader, summarize the concepts briefly but ensure you hit all the key points. Since you only have 300 words, avoid lengthy descriptions and instead aim for sharp, bullet-point-like explanations.

(b) SWOT Analysis (10 marks)

In 250 words, you’ll need to apply the model to your own company. For this, focus on one key strength, one weakness, one opportunity, and one threat. Each point should directly connect to how well the total returns model fits within your company’s context. Be practical here, showing real-world application. Use clear examples from your company where possible, and stay focused on how the model either benefits or challenges your current compensation practices.

Question 2

(a) Internal Alignment (10 marks)

The focus here is on validating job grades and pay. A good starting point would be discussing how you would gather job descriptions, review responsibilities, and compare the internal job hierarchy. Briefly mention key processes like job analysis and benchmarking. Organize your thoughts clearly in 250 words and stick to the review process itself without drifting into other areas.

(b) Salary Structure (10 marks)

For the salary structure, start by using the average market pay as the mid-point for each job grade. Then, calculate the minimum, maximum, and range spread. This is more of a technical exercise, so get comfortable with the math behind salary structures. Lay out your calculations in a clear and organized way.

(c) Rationale for Mid-Point and Range Spread (10 marks)

You’ll need to explain the logic behind the numbers you chose. Focus on why the mid-point is the reference and how the range spread allows for salary progression. This part is about justification—connect it back to pay fairness, market competitiveness, and internal alignment.

(d) Consequences of a Poorly Developed Structure (10 marks)

Think of morale issues, high turnover, and difficulty attracting talent. Keep your response focused on practical, negative outcomes of not having a structured salary system. Use real-life examples or potential scenarios to illustrate these points.

Question 3

(a) Competitive Pay Analysis (10 marks)

This will involve some calculations. Compare the market pay versus your company’s current pay structure, and present it in a clear table or format that shows the pay variance for each grade. Use the cumulative total to summarize the gap.

(b) Recommendations to Close Pay Gap (10 marks)

Pick two realistic alternatives to close the gap. One could be about adjusting salary levels to better match the market, while the other could involve non-monetary benefits like bonuses or development opportunities. Make sure both recommendations are specific and actionable within your company context.

Overall Tips for the Report

1. Structure and Clarity (5 marks): Each question should have its own section, with a clear introduction and conclusion. Use subheadings if possible. Structure is key, so ensure each answer flows logically from one point to the next.
2. Language and Organization (5 marks): Be concise and professional. Avoid unnecessary jargon and focus on clear, direct language. Ensure your grammar is correct and that the organization of each section makes it easy to follow.

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