homework

MAINELECTURE2021Handout.pptx

YOUR MAINE BANK ASSESSED COURSEWORK THE TASK

YOU ARE THE REWARD MANAGER & HAVE BEEN ASKED BY THE UK M.D. TO REVIEW & MAKE RECOMMENDATIONS FOR REWARD IN MAINE BANK

YOU MUST TRY TO FULFIL THE BUSINESS OBJECTIVES OF THE COMPANY

THERE ARE ESSENTIALLY 6 DIFFERENT BUSINESSES/DEPARTMENTS WHICH EACH REQUIRE THEIR OWN REWARD RECOMMENDATIONS

THERE MAY BE A FEW NEW POLICIES WHICH COULD APPLY ACROSS THE WHOLE ORGANISATION

YOU MUST WRITE IN A BUSINESS STYLE APPROPRIATE FOR THE M.D.

THE BUSINESS OBJECTIVES

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YOUR APPROACH TO DOING THIS COURSEWORK

START WITH BUSINESS OBJECTIVES OF EACH DEPARTMENT & HAVE REWARD RECOMMENDATIONS THAT ACHIEVE THESE.

LOOK UP WHAT OTHER BANKS ARE DOING, IN ORDER TO SUPPORT YOUR PROPOSALS

YOUR ‘CUSTOMER’ IS THE M.D. HE/SHE WANTS PRACTICAL RECOMMENDATIONS

YOU MUST GIVE REASONS FOR YOUR PROPOSALS, BUT KEEP THEORY TO A MINIMUM

SOURCES OF INFORMATION WHAT DO YOU SUGGEST?

SOURCES OF INFORMATION

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HOW RADICAL CAN YOU BE?

YOU CAN RECOMMEND ANY CHANGE THAT WILL IMPACT ON PAYROLL COSTS

THESE CAN BE FOR A PARTICULAR BUSINESS OR FOR THE WHOLE COMPANY

STRUCTURE OF YOUR REPORT

THE M.D. IS A BUSY PERSON

A SUITABLE STRUCTURE IS SHOWN AT THE BACK OF THE CASE STUDY

KEEP WORD COUNT TO A MINIMUM TO MAKE FOR EASY READING

YOUR REPORT SUMMARY MUST INCLUDE KEY RECOMMENDATIONS

HAVE AN IMPLEMENTATION PLAN AT THE END

WRITE THE REPORT, ESPECIALLY THE SUMMARY, IN CLEAR ENGLISH

WHAT AT THE KEY BUSINESSES/DEPARTMENTS IN MAINE BANK?

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HINTS ON REWARD IN THE COMPANY & DEPARTMENTS TO BE GIVEN AFTER THE LECTURE

CONCLUSION

DON’T FEEL YOU HAVE TO COVER ALL THE TOPICS MENTIONED ABOVE. HAVE A FEW KEY ONES.

TRUST YOUR OWN JUDGEMENT.

IF YOUR RECOMMENDATIONS MEET THE BUSINESS NEEDS & ARE SUPPORTED BY SOUND REASONS & GOOD BEST PRACTICE STICK WITH THEM