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HRM313: Total Reward Design and Management TMA Assignment, SUSS, Singapore: Research the retail sector and examine the objectives of the Progressive Wage Model (PWM)
University Singapore University of Social Science (SUSS)
Subject HRM313: Total Reward Design and Management
Posted on: 1st Jun 2023

HRM313: Total Reward Design and Management TMA Assignment, SUSS, Singapore: Research the retail sector and examine the objectives of the Progressive Wage Model (PWM)

Questions

(a) Research the retail sector and examine the objectives of the Progressive Wage Model (PWM) that is being implemented in this sector. Analyze the objectives of PWM implementation from the government, employer, employee, and union perspectives. Discuss the key features in the PWM structure to be implemented in the retail sector.

(b) Choose a company in the retail sector with operations in Singapore and provide a brief profile of the company. Examine the external impact of government policy, market forces, and unions that are confronting the company that you have selected in the implementation of PWM.

(c) Discuss and contrast the internal alignment and external competitiveness policies in the pay model concept that is being applied to the PWM in your selected company. Illustrate using the salary data of a specific job family in the selected company to explain one technique in each of the above policies.

If the salary data of the selected company is not made available publicly, you can use salary data on compensation websites such as payscale.com or salary.com. You can also choose to use the progressive wage model as a reference for salary data to answer the intended discussion.

(d) Discuss any TWO (2) possible conflicts amongst the various stakeholders in the selected company while implementing the PWM into their pay structure. Recommend TWO (2)

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