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HR0371: Rewarding Relationships 1 January 2011 NEWCASTLE BUSINESS SCHOOL GROUP 1 Designing a Pay System for FastCat Designing a Pay System for FastCat Group 1(3) 2 Newcastle Business School Assessed work (Group Work) Tutor’s name: Level: Group no: Dr Nick Creaby-Attwood Module No: Module Title: 1 Group Mark: 70 Comments: Introduction and context Discussion of context is clear and provides an effective starting point for further discussion within the report. The employment relationship is not considered in a great deal of detail and more could be done to set out the broader parameters of the relationship – particularly in terms of the implied …show more content…

10 2. Executive Summary ......................................................................................................................... 13 2.1 Initial Strategic Map ....................................................................................................................... 14 3. FastCat Proposed Reward Strategy ................................................................................................. 15 3.1 Attract & Retain Key Individuals .................................................................................................... 15 3.2 Minimise Increases in Fixed Costs ................................................................................................. 16 3.3 Enhance Employee Engagement ................................................................................................... 16 3.4 Sustain Business Strategy .............................................................................................................. 16 3.5 Encourage Career Growth ............................................................................................................. 16 3.6 Improve Work/Life

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