Human Resources Management | Fairness in Reward Allocation

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Tasks
Write an essay titled “Fairness in Reward Allocation” to critically discuss the following questions:

  •   How important is organisational fairness (or organisational justice) in compensation management? What roles does organisational fairness (or organisational justice) might play in reward allocation? 
  •   What factors might influence the implementation of fair human resource management practices in reward allocation? 
  •   What influences can fair reward distribution have on employees’ work outcomes (e.g., job attitudes and work behaviours)? 
    Your essay should be a properly constructed academic essay. It should contain an effective introduction, body, and conclusion. The introduction should introduce the essay and include your argument. The body should present the evidence you have collected to support your argument, and the conclusion should restate your argument, summarise the evidence and make a conclusion regarding your argument. You are required to support your argument with appropriate theoretical discussion and references.
    The essay should contain a coherent, but necessarily restricted review of the academic literature on the Human Resource Management topic in question. The literature review should be integrated into the essay, not a separate section. Advice regarding formatting of the essay can be found at the link above. Do not use headings or include an abstract. A reference list is compulsory.
    This assessment item involves researching your assigned topic to enhance your understanding of Human Resource Management (HRM) concepts and utilisation of academic literature. AVOID using only textbooks, however, the prescribed textbook for the course should be cited in regard to broad HRM principles. You will be expected to present information and evidence from, and cite, at LEAST fifteen (15) relevant peer-reviewed, academic journal articles(twelve relevant and well applied academic articles will gain a pass mark for this criterion). Refer to your recommended readings for examples of academic journals. While you can cite these you must find fifteen (15) journal articles not listed in the course materials. Your citations will show the breadth and depth of the literature used to answer the questions. Your marker is interested in the analysis that you have developed from YOUR review of the literature and how well you use the literature to respond to the topic.

Description

Over the years, competition in the business world has been on the rise with every organization trying to out-do each other in terms of revenues, efficiency and productivity. It is the aim of every human resource department to attract, employ, and retain the best and talented workforce in order to aid the organization to achieve its strategic plans. To arrive at this objective, business owners and managers use a reward system that is attractive enough to their employees, lack of which will lead to their personnel looking for better opportunities elsewhere (Baldwin 2006). As economies become stronger and the job market competitive, employers are looking forward to obtain the maximum output from their employees, while their employees are out to get the most benefits from employers. Baldwin (2006) noted that reward allocation is one way of motivating staff to influence work habits and major behaviors for the benefit an organization. While reward allocation is important in boosting the morale of the workforce, if it is not done in an equitable and amicable manner, it can have detrimental effects to an organization (Jawad, Raja, Abraiz, & Tabassum 2012).