Job family structures and informal structure types
5HR03 – Reward for performance and contribution
This CIPD Level 5 learning video explores job family structures and informal pay structure types as part of unit 5HR03 – Reward for performance and contribution. The video addresses assessment criteria AC 2.1, examining the key differences between formal and informal grade and pay structures used in modern organisations. It covers how job families function within formal structures alongside informal approaches such as spot rates and individual job grades, providing practical insight into these compensation frameworks. By watching this video, learners will gain a comprehensive understanding of alternative pay structuring methods to support their CIPD studies and professional HR practice.
Assessment Criteria 2.1
Explain differences between types of grade and pay structures.
Indicative Content
Formal and informal structures; types of formal structures such as multi-graded structure, broad-graded, broad-banded, job families; informal structures such as spot rates and individual job grades.
What You'll Learn
Video covering: Job family structures and informal structure types
About 5HR03 – Reward for performance and contribution
This unit focuses on how internal and external business factors influence reward strategies and policies, the financial drivers of the organisation and the impact of reward costs and rewarding performance
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