List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:
develop a remuneration strategy for at least two different occupational groups.
In the course of the above, the candidate must:
manage remuneration and benefits according to all legislative and ethical requirements and operational policies
apply awards and agreements to remuneration processes
apply requirements of the Australian Taxation Office in relation to income tax, superannuation reporting, fringe benefits tax (FBT) and bonus payments.
The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:
remuneration principles or models and approaches
ethical practices relating to remuneration and benefits strategies
common remuneration or employee benefits
ways to position an organisation to be an ‘employer of choice’
relevant industrial agreements
organisational policies and procedures affecting remuneration strategies
relevant legislation, regulations and standards that may affect remuneration strategies
relevant business ethical requirements
requirements of the Australian Taxation Office in relation to:
income tax
superannuation reporting
FBT and bonus payments.
Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry.
This includes access to:
workplace documentation and resources relevant to performance evidence
relevant organisational policies and procedures
relevant legislation, regulations and codes of practice.
Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.