BSBHRM505
Manage remuneration and employee benefits (Superseded)
Note: BSBHRM505 is superseded by BSBHRM528
This unit is an accredited training resource consistent with the Nationally Recognised Training requirements for Vocational Education and Training (VET) and is ideal for Registered Training Organisations (RTOs) in Australia. It consists of Learning Resource Material (instructional theory), an Assessment Workbook, and information about assessment mapping to the Performance Criteria, Knowledge Evidence, and Performance Evidence requirements of this accredited unit.
Our BSBHRM505 training product is available for purchase as a hardcopy (printed) book in both Learner Guide and Trainer/Assessor Guide variants. This unit is available for enrolment and online training/assessment via Catapult LMS (Learning Management System). NOTE: If you are a training provider, please do your own validation, in accordance with your Training and Assessment Strategy (TAS).
$19.00 inc GST
Unit information about the BSBHRM505 training material in this resource
BSBHRM505 information from training.gov.au.
Application
This unit describes the skills and knowledge required to implement an organisation’s remuneration and benefit plans. It incorporates all functions associated with remuneration, including packaging, salary benchmarking, market rate reviews, bonuses and the legislative aspects of remuneration and employee benefits.
It applies to individuals who are human resource managers responsible for overseeing an organisation’s remuneration process.
Unit mapping information
This unit supersedes BSBHRM505A Manage remuneration and employee benefits
Licensing, legislative, regulatory or certification requirements
No licensing, legislative or certification requirements apply to this unit at the time of publication.
Foundation skills
This unit contains foundation skills
Unit sector or competency field
Workforce Development—Human Resource Management
Prerequisite, co-requisite or interdependent assessment of units
None specified.
Assessment conditions
Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the workforce development – human resource development field of work and include access to:
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an appropriate range of documentation and resources normally used in the workplace
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organisational policies and procedures
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relevant legislation, regulations and codes of practice
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business technology
Assessors must satisfy NVR/AQTF assessor requirements.