CIPD 5HR03 Videos – Reward for performance and contribution
30 learning videos across 3 learning outcomes, one for each assessment criteria in 5HR03.
This unit focuses on how internal and external business factors influence reward strategies and policies, the financial drivers of the organisation and the impact of reward costs and rewarding performance
Learning Outcome 1
Fairness, Transparency, and Trust in Reward Management
AC 1.1 – Explain the principles of reward and its importance to organisational culture and performance management.
Strategic Reward, Performance Management, and Legal Compliance
AC 1.1 – Explain the principles of reward and its importance to organisational culture and performance management.
Understanding Total Reward and the Principles of Intrinsic and Extrinsic Motivation
AC 1.1 – Explain the principles of reward and its importance to organisational culture and performance management.
Theoretical Foundations - Equity Theory and Expectancy Theory
AC 1.2 – Assess the contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisational performance.
Measurement, Teamwork, and Sustained Performance
AC 1.2 – Assess the contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisational performance.
Understanding Extrinsic and Intrinsic Rewards
AC 1.2 – Assess the contribution of extrinsic and intrinsic rewards to improving employee contribution and sustained organisational performance.
Learning Outcome 2
Job family structures and informal structure types
AC 2.1 – Explain differences between types of grade and pay structures.
Formal versus informal structures and types of formal grade structures
AC 2.1 – Explain differences between types of grade and pay structures.
Introduction to grade and pay structures and their purposes
AC 2.1 – Explain differences between types of grade and pay structures.
Introduction to contingent rewards and types of contingent pay
AC 2.2 – Explain how contingent rewards can impact individual, team and organisational performance.
Organisational impact and designing effective contingent reward systems
AC 2.2 – Explain how contingent rewards can impact individual, team and organisational performance.
Impact of contingent rewards on individual and team performance
AC 2.2 – Explain how contingent rewards can impact individual, team and organisational performance.
Financial performance-related benefits
AC 2.3 – Explain the merits of different types of benefits offered by organisations.
Protection, lifestyle, and family-friendly benefits
AC 2.3 – Explain the merits of different types of benefits offered by organisations.
Flexible benefits, individual differences, and resourcing
AC 2.3 – Explain the merits of different types of benefits offered by organisations.
Cash and Non-Cash Recognition Awards
AC 2.4 – Explain the merits of different types of recognition schemes offered by organisations.
Day-to-Day and Public Recognition
AC 2.4 – Explain the merits of different types of recognition schemes offered by organisations.
Introduction to Recognition Schemes and the Recognition Spectrum
AC 2.4 – Explain the merits of different types of recognition schemes offered by organisations.
Learning Outcome 3
Legislative Framework and Labour Market Dynamics
AC 3.1 – Assess the business context of the reward environment.
Theoretical Frameworks and Strategic Reward Positioning
AC 3.1 – Assess the business context of the reward environment.
Economic and Business Context of Reward
AC 3.1 – Assess the business context of the reward environment.
Measuring specific data types and developing insight
AC 3.2 – Evaluate the most appropriate ways in which benchmarking data can be gathered and measured to develop insight.
Sources of benchmarking data for reward professionals
AC 3.2 – Evaluate the most appropriate ways in which benchmarking data can be gathered and measured to develop insight.
Evaluating data quality and understanding statistical measures
AC 3.2 – Evaluate the most appropriate ways in which benchmarking data can be gathered and measured to develop insight.
Analytical vs non-analytical methods and point-factor evaluation
AC 3.3 – Explain approaches to job evaluation.
Job matching, levelling, and equal pay considerations
AC 3.3 – Explain approaches to job evaluation.
Introduction to job evaluation and formal vs informal approaches
AC 3.3 – Explain approaches to job evaluation.
Minimum Pay, Payslips, and Tax Obligations
AC 3.4 – Explain the legislative requirements that impact reward practice
Equal Pay Legislation and Compliance
AC 3.4 – Explain the legislative requirements that impact reward practice
Reporting Requirements and Transparency in Reward
AC 3.4 – Explain the legislative requirements that impact reward practice