discusses the components of a Strategic management and a reward system and recommend a progressive approach to the practice of key theoretical concepts
including globalising models of employment, minimum wage and reward management
Order Description
‘US fast-food workers strike over low wages in nationwide protests’.*
When this news appeared in the Guardian newspaper in Dec. 2013, it caught the attention of the CEO of an up and
coming UK based fast-food organisation who had been aiming to emulate McDonalds’ business strategy of cost
leadership for gaining a market share in the UK. In view of this development, the CEO appoints you as a consultant.
The aim of this appointment is use your experience and expertise in reward management to develop a progressive
reward system that mitigates the risk of avoiding similar industrial action.
• You are expected to prepare a report that discusses the components of a Strategic management and a reward
system and recommend a progressive approach to the practice of key theoretical concepts including
globalising models of employment, minimum wage and reward management. You will be expected to justify
your recommendations with the concept of strategic HRM in an international environment.
• The organisational tools you suggest to be utilised to manage human resources in such a way as to contribute
to sustainable competitive advantage in above case scenario.
*Source: Gabbatt A (2013), The Guardian [Online] available at
https://www.theguardian.com/world/2013/dec/05/fast-food-workers-strike-minimum-wage
The essay should demonstrate the planning, research, analytical and decision making abilities of the student. You are
expected to refer to your core text and other credible academic sources. The focus should be on discussing all
dimensions of reward management and the importance of having a reward strategy that is well integrated with
business strategy and organisational objectives.
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HRM_IML_6…pdf 0.11 Mb None 22:39 02 May 2017