What are the main criticisms of orthodox economic theories of pay and reward? Illustrate your answer with reference to how social factors might influence pay structures in global labour markets

“What are the main criticisms of orthodox economic theories of pay and reward? Illustrate your answer with reference to how social factors might influence pay structures in global labour markets.”

1. display knowledge and understanding of the content, scope and limitations of international reward management practice 2. bring together and critically evaluate theoretical perspectives on international reward management, 3. integrate and reflect on in-class learning and independent study and research to complete the coursework, 4. formulate and communicate a well structured, researched and developed argument responding to the question, observing the academic standards of grammar, spelling and referencing.

READING MATERIAL

What are the main criticisms of orthodox economic theories of pay and reward?
Explanation and critique of orthodox theories
Primary sources
Beaumont and Hunter (2000)
Bryson and Forth (2006)
Wootton (1955)

Illustrate your answer with reference to how social factors might influence reward structures in global labour markets.
Choice from topics covered in the course so far. You should start with the essential reading for each topic and then build on this to improve your marks.
Global pay disparities
Equal Pay
Flexible Work and Pay

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