Reference no: EM133694035

Question: Draft a Hillgrove Resources Remuneration Strategy & Benefits Plan Draft a remuneration strategy and benefits plan to be presented to the management of Hillgrove Resources (your Assessor). Your Assessor will be checking if you can use effective presentation and collaboration skills to show options, negotiate agreement and gain feedback on your proposed strategy. Your draft strategy must include: • The scope of the remuneration strategy and benefits plan • Current practice, recent developments and legislative parameters for the remuneration strategy • How the remuneration strategy and benefits plan will meet the business needs, both in the short-term and the medium to long-term • How the strategy links to organisational strategic objectives, for example: o linking remuneration to a performance management program o the inclusion of bonuses, profit-sharing, commissions or salary packaging benefits • An explanation of the legislative requirements and ethical practices relating to the strategy, for example: o Fair Work Ombudsman or Fair Work Australia o Modern Awards o National Employment Standards (NES) • A description of how the strategy positions Hillgrove Resources as an 'Employer of Choice'.