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21670 HRMT19012 Performance Management Assessment task 2 – Recommending a non-cash performance management system in a Business Report Assessment details for all students HRMT19012 1 Term 1, 2020 Assessment task 2 – Recommending a non-cash performance management system in a Business Report Assessment Number: 2 2 Assessment Type: Practical and Written Assessment ASSESSMENT Weighting: 50% Submission: Group or Individual Assessment: Online via Moodle Individual Due date: Thursday, 4 June 2020 Document format: Time Due: Please submit in .docx or .doc Word files 11.45pm AEST Length: 2,000 words in an analytical Business Report format Aim This assessment task relates to course learning outcomes numbers 2,3 and 5. 2. Outline the key approaches to identifying and assessing employee and organisational performance 3. Identify the important relationship between an organisation's performance management system and human resource management 5. Apply effective techniques to plan, develop, and use elements of a performance management system. This is an individual assessment task in which students will examine critical issues in relation to performance management. Before starting this assessment read the information and marking criteria set out in this guide document. Please also review the ‘Rubric for Assessment Two’ which is downloadable from the Moodle site in the “Assessment Two” tab and is included in this Guide. HRMT19012 Performance Management Assessment task 2 – Recommending a non-cash performance management system in a Business Report Assessment details for all students HRMT19012 2 Term 1, 2020 Purpose The purpose of this assessment item is to consolidate certain skills and assess your ability to write an analytical business report that demonstrates your communication, problem solving, critical thinking and information literacy at a graduate level. These are some of the graduate skills students need for the workplace. Students must be able to demonstrate their critical thinking and to communicate this thinking in an appropriate communication style for this assessment. Other graduate attributes such as information technology competence will be assessed at an introductory level by this assessment. Cross cultural competence and ethical practice will also require demonstration to a graduate skill level. The Question you need to answer Non-cash recognition has gained popularity among organisations and human resource professionals as a means to motivate and thank employees in recent years (p. 303 of text). 1. This assessment involves proposing (via an analytical Business Report) arguments for and against non-cash rewards backed up by recent academic and scholarly research. You need to make specific comment on the 'employee value proposition' (p. 32 of text) and whether non- cash rewards offer long term increases in the employee value proposition. 2. Then you need to critically evaluate the statement "Aren't non-cash performance management systems simply motivation on the cheap?" and then contrast this statement with "A little praise can go a long way when deciding a performance management system". 3. Then you need to consider whether a non-cash performance management system allows peers to reward each other? Can this system be corrupted by 'friends rewarding friends' and not rewarding an individual's performance? 4. You need to develop recommendations to assess the strategic value of a 'non-cash recognition performance system' on the organisation and the individual once it has been developed. At least one initiative to assess individual and organisational performance at 3, 6 and 12 months is required. HRMT19012 Performance Management Assessment task 2 – Recommending a non-cash performance management system in a Business Report Assessment details for all students HRMT19012 3 Term 1, 2020 Structure The assignment should be written in an academic analytical business report format with no more than 2000 words. Please follow the ‘Guide for students 2019 V3.1’ (link in moodle) for instructions of how to write an analytical business report – short format in the School of Business and Law (p.40 of this guide). The report should be in a ‘Short Report’ format using primarily secondary sources of information and include an executive summary and table of contents, body and reference list. The word count is calculated on the body (including recommendations) of the report excluding the table of contents, executive summary and Reference list. These elements from the ‘Guide for students 2019 V3.1’ (link in moodle) for a (‘Short Report’ format), should not be included: 1. Do not include a Title page – Preliminary section 2. Appendix items 3. Supplementary material Recommendations should follow each section in the body of the analytical business report (‘Short Report’ format) accept your body introduction and body conclusion and should be headed ‘Recommendations for section …’ with a sub number to identify the recommendation. The recommendations should be no longer than 90 words each. HRMT19012 Performance Management Assessment task 2 – Recommending a non-cash performance management system in a Business Report Assessment details for all students HRMT19012 4 Term 1, 2020 Referencing Style Your Academic Analytical business report needs to be referenced using the latest CQUniversity APA guide Please see - https://www.cqu.edu.au/student-life/services-and-facilities/referencing/cquniversity- referencing-guides. Do not reference Blogs/Wikipedia/Investopedia/web pages or sites for this or any other assessment in this Unit. These sites are not considered a worthy academic source as the authorship of this information is not clear. Blogs/Wikipedia/Investopedia/web pages are non-scholarly sources. Other non-scholarly sources such as newspaper or media articles should be used sparingly, if at all, in an academic analytical business report. Do not use an electronic system to record, maintain and present your references in-text and in the ‘References’ list. These systems do not produce the correct result as per the CQUniversity APA guide. Layout Please use double line spacing with ample margin space for comments and Arial 12pt as your font for layout specifics. This makes the analytical business report easier to read for your marker. https://www.cqu.edu.au/student-life/services-and-facilities/referencing/cquniversity-referencing-guides https://www.cqu.edu.au/student-life/services-and-facilities/referencing/cquniversity-referencing-guides HRMT19012 Performance Management Assessment task 2 – Recommending a non-cash performance management system in a Business Report Assessment details for all students HRMT19012 5 Term 1, 2020 Assessment Criteria Your submission will be assessed on the extent to which it meets each of the following criteria: CONTENT: Does your submission demonstrate: Total Marks available 1.Evidence of your understanding and critical argument for or against non-cash reward practices while explaining key approaches to assessing employee and organisational performance. 10 marks (10% weighting) 10.0 2. Evidence of your successful argument and recommendations for a way to assess the strategic benefit of a non-cash recognition performance system on both employees, the organisation and the HR system. (10% weighting) 10.0 3. At least ten peer reviewed scholarly sources identified in the 'References' list (from 2000-2020) to support the quality of your argument and referenced in- text.* (10% weighting) 10.0 PRESENTATION: Does your expression and formatting demonstrate: 4. Your written communication skills including appropriate structure to the analytical short business report with three main sections and recommendations and use of formal correct business tone, length (between 1950 and 2100 words), word choice, expression, grammar, punctuation and correct spelling using Australian English. (10% weighting) 10.0 5. Strict conformity to the exact requirements of the CQU APA Referencing Guide (in-text References are to be used throughout, as appropriate, and a reference list must be provided). Non-use of non-scholarly sources.* (10% weighting) 10.0 Total marks 50.0 Total Weighting (Total marks out of 50 represents 50% weighting for the Unit) 50% *Peer reviewed scholarly sources – Peer reviewed scholarly sources are identified as text book chapters published by an academic publisher and journal titles that are recognised at Ulrichsweb.com as both peer reviewed and peer refereed. *Non-scholarly sources - newspaper or media articles or websites or blogs or Wikipedia or Investopedia like resources. Non-scholarly sources such as newspaper (used sparingly) or media articles (used sparingly) or websites or blogs or Wikipedia or Investopedia like resources should not be used to generate higher marks for higher quality research. HRMT19012 Performance Management Assessment task 2 – Recommending a non-cash performance management system in a Business Report Assessment details for all students HRMT19012 6 Term 1, 2020 Approach This is a written assessment that involves critical thinking, critical evaluation and thinking deeply about the issues. As such you are to rely and discuss relevant contemporary HR theory. Providing just your opinion is not enough. You need to substantiate your opinion with sound and applicable research that you can demonstrate that you understand. Please see the ‘rubric’ in this document for the minimum research required to pass the assessment criteria (particularly assessment criteria three). The Academic Learning Centre (ALC) has guides that assist students to produce an academic analytical business report. Please see ‘Five Steps to Writing Academically’ at the ALC and the ‘Guide for students 2019 V3.1’ for writing an academic analytical business report. Links are provided in moodle. You need to critically evaluate the performance management systems you propose. You need to name them and point out what is significant about them and you need to provide evidence or research from a wide range of scholarly sources to back up your thinking. Essentially you need to form an opinion about ‘non-cash performance management systems’ and then back up your thinking with sound research. This is one way of thinking about this assessment. When providing evidence that argues for or against this type of performance system you need to demonstrate understanding of the performance management system you propose which is not just listing facts but interpreting and explaining, in your own words, the different types of performance management systems (non-cash and other types). You also need to problem solve and recommend solutions which means working through details to find a solution, presenting alternatives discussing the current performance management systems that are working or arguing