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Activity - Automation or Not
Learning outcome 1: Create a strategy for maximizing the advantages of a total rewards program, including how it's communicated. Learning outcome 2: Assess the effectiveness of a total rewards program in motivating employees. Learning outcome 3: Formulate a total rewards program for a large, multinational company, including communication components and a competitive pay structure. Learning outcome 4: Determine innovative approaches for optimizing employee benefits and rewards systems.
Imagine being an HR manager at KLC company and tasked with creating a Talent and Value Proposition that focuses on creativity, annual budget savings, and possible labor reduction. Leadership has recently learned about a variety of automated solutions to assist with faster production, including artificial intelligence. This solution could shrink the current internal workforce by at least 40 percent in the first six months which would lead to terminating more than 100 employees. Leadership also thinks that these changes can lead to becoming more competitive in the field and contribute to overall growth for the organization. Lastly, leadership is interested in exploring a "gig economy" within the company to potentially save even more money by working with non-employees.
Using this scenario, decide if you are going to advise leadership to implement the new ideas that were shared or if you are going to make an active attempt to save the current employee pool and find alternative ways to save money overall.
Create a PowerPoint presentation with a minimum of six slides to present your decision on automated solutions to leadership that include the following.
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