Required skills

interpersonal skills to

communicate sensitively about remuneration

observe confidentiality

numeracy and technology skills to

calculate costs to the organisation

graph salary costs

link salaries to budgets

research skills to determine appropriate models of remuneration and benefits for particular occupational groups and individuals

Required knowledge

award structures for industrial agreements

ethical practices relating to remuneration and benefits strategies

leasing arrangements including novated leases

models for bonus and incentive schemes including gain sharing or profit sharing

relevant legislation for example equal employment opportunity diversity and antidiscrimination legislation

remuneration principles or models and strategies

requirements of the Australian Taxation Office in relation to income tax superannuation reporting FBT and bonus payments

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria required skills and knowledge range statement and the Assessment Guidelines for the Training Package

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the following is essential

compliance with the legal aspects of managing remuneration and benefits

application of remuneration strategies for different occupational groups and circumstances

application of awards and agreements to structure remuneration processes

application of the requirements of the Australian Taxation Office in relation to income tax superannuation reporting FBT and bonus payments

Context of and specific resources for assessment

Assessment must ensure access to appropriate documentation and resources normally used in the workplace

Method of assessment

The following assessment methods are appropriate for this unit

assessment of reports on remuneration models and approaches

direct questioning combined with review of portfolios of evidence and thirdparty workplace reports of onthejob performance by the candidate

review of research undertaken on current practice recent developments and legislative parameters for the remuneration strategy

review of remuneration options developed for consideration by relevant managers

oral or written questioning to assess knowledge of legislation and the taxation system

Guidance information for assessment

Holistic assessment with other units relevant to the industry sector workplace and job role is recommended

Remuneration and benefits may include:

Employer of choice may include:

Market rate surveys may include:

Salary packages:

Incentive arrangements may include: