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The easy needs to be in a report format as below:

1. Executive Summary

Basically explain the main arguments you made here. Eg. In busy organisations, the
managers only read the executive summary. So it is very important to gather info logically
and in a good floor.

2. Table of content
3. Introduction
- Start with giving an idea on what is the role of HR and its relation to organisational
economical growth
- What is FWO Australia, what they do and its relation with your topic
- Then in other paras, you need to mention your solid facts, arguments etc( basically
what is in your report)
4. Literature review

I suggest it is better if you can do a literature review (you can decide how many words to do,
it is based on the word count you are required to do) the literature review should contain;

1. effectiveness of pay for performance


2. incentive pay
3. Efficiency Wage Theories
4. workplace cohesiveness
5. employee responsibility and loyalty

Basically its better if you can do a literature review for all the theoretical facts that you are
using in your report. In your lit.rev you need to state on other researchers ideas and
arguments about the topic. Do not forget to reference your literature. This will give you some
plus marks too.

6. The main body

You need to link the lit rew and the analysis section here. As the question asks you to bring
up real examples, you can relate the arguments along with the examples you mention here.
Basically FWO will help the employee and employer both. If an organisation stick with the
rules and regulations provided by FWO, it is beneficial for both parties. You can also talk
about

- Why it is important to divide internal and external wage


- What is the legal pay amount in Australia/what is the prevailing market rate in
Australia
- Why it is important for organisations to pay above the average
- You could say that, when the employees are not paid well they will be de-motivated,
as a result, it will impact the entire organisational mission and vision, the
organisations cannot go to their targets, when the employees are de-motivated they
will always look into better opportunities in the market. It will also impact on
organisational retention rate. By recruiting new employees, organisations need to
spend more on training and development. This will impact the entire organisational
economical growth as well. Try to link this fact with real example if you can. Prove
your facts with evidence to get extra marks.

- You can say when there is a shortage in labour market what will happen? How it will
impact the demand and supply?

- Then mention two examples (firm pays efficiency wages or not in the real world)
here you need to use your theory to prove your facts
- Ei=Wi/We
- Use the theory to analyse your facts (the page 8 of your lecture notes shows that how
to evaluate the economical efficiency????)
- You can also use charts (eg. lecture notes pg 12)
- I think you need to do some calculations here to show the Ei

Make sure that you do the calculations well in your examples to prove your facts.

7.Conclusion

8. Reference

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