Demonstrate your knowledge of the total rewards model

Reference no: EM133419517

Question: Design a total rewards program that incorporates monetary, non-monetary, and environmental elements in order to ensure organizational success

In this assignment, you will design a total rewards program based on the organization where you work and used for assignment one. Stafford County Public School System or Public School system

Before creating the total rewards program, you will have conducted a research project in which you have obtained original data thorough and detailed information about organizational goals, objectives, and challenges. In addition, you will have obtained information about the current monetary and non-monetary rewards and work environment of the organization and the challenges or changes (such as expansions, downsizing, changes of services or products) the organization anticipates. You will have also designed metrics to evaluate the total rewards program.

In the paper, you will provide the research findings in a report of at least 10 pages plus a title page and a reference page. Provide at least eight sources (in APA format) in a reference list and respective in-text citations. At least 5 of these sources must be from course materials. Please be sure to use topic headings and include the following:

1. Provide a Title Page in Academic Format

2. Give the Introduction and Purpose for the Paper

3. Summarize and describe the organization, including its capabilities, key goals, objectives, challenges, values, and core competencies required for success.

4. Demonstrate your knowledge of the total rewards model by describing the current total rewards philosophy of the organization and its three categories of offerings.

5. Identify and describe the segmentation of the workforce (drawing up our study of how to differentiate employee groups depending on their drivers, such as flexible schedules, growth potential, desire for demonstrating individual expertise or team success, low obligation and easy income, or high obligation and high income).

6. Describe further the current requisite capabilities of the organization and the competencies (knowledge, skills, and abilities) of the employees and, in your opinion, an analysis of whether the current needs will change given the issues faced by the organization.

7. Recommend changes to the total rewards program, along with specific plans, including plans for communicating the changes and metrics that should be used by the organization to evaluate the success of the new program.

8. Present the justification for your recommendations.

9. Assess and discuss the risks of not implementing the program and the opportunities the program will give the organization.

10. Provide your metrics for evaluating the total rewards program and share why you chose the ones you did.

11. Describe your conclusions and a summary of knowledge gained about total rewards through the activity.

12. Reference Page (with at least eight scholarly sources), at least 5 of these should be from course materials.

Reference no: EM133419517

Questions Cloud

Calculate the maximum capital gain that can be realised : Calculate the maximum capital gain that can be realised by a holder of 1% of the equity in Kasper plc, whilst maintaining both their income and their exposure

Describe and classify the types of threats : Describe and classify the types of threats to an organization's infrastructure and data and Select appropriate security frameworks to design a comprehensive

What should be your advice to your client regarding : what should be your advice to your client regarding the investment strategy in the next 3 years? Be as specific as possible with the current environment of 2022

Compute the total and annual returns on the described : Compute the total and annual returns on the described investment. Six years after buying 200 shares of XYZ stock for ?$40 per? share, you sell the stock for

Demonstrate your knowledge of the total rewards model : Design a total rewards program that incorporates monetary, non-monetary, and environmental elements in order to ensure organizational success

Give an example of the application of time value of money : Time value of money is one of the most important concepts in Finance. It is applied very frequently by finance professionals in corporate finance, investment

Do buyers have to follow same ethics principles as seller : Do buyers have to follow the same ethics principles as sellers? For example, sellers have to fully disclose all information. Do buyers? Why or why not?

What way do you think is the most useful for you to consider : several ways to ensure your online transactions are secure and to reduce the risk of things going awry as you shop and sell online. What way do you think is

How much of the completion costs should be assigned to each : Assuming that no further processing occurs after the split-off point, how much of the joint costs are allocated to commercial lumber (CBL) on a physical measure

User Account

All Pages