Question 1 (Mark 10)
- What are ‘pay structures’ and what points would a practice aim at to determine their pay structure?
- How would these points be linked to their strategic and operational plans?
Question 2 (Mark 10)
A practice needs to undertake research on current practices and recent developments for remuneration strategy to keep abreast of the latest legislative requirements.
- Provide with one (1) example, what research could be undertaken to identify recent developments for remuneration strategies and the latest legislative requirements.
- How would a practice develop their options for the different remuneration packages
- Provide with one (1) example ‘option’ undertaken by your practice and show how this option links to your practice’s objectives.
Question 3 (Mark 10)
- Why is it important for the practice to ensure that agreements are made for remuneration policies and incentive plans?
- How are these agreements documented?
Question 4 (Mark 10)
A practice may conduct research on various groups, other industrial agreements and/or survey results before implementing their remuneration strategy.
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