Develop compensation strategy for the organization

Assignment Help HR Management
Reference no: EM131451482 , Length: word count : 1225

Purpose of Assignment

The purpose of this assignment is to give learners experience developing a total rewards program. Please refer to the resources below to assist with the assignment.

Assignment Steps

Resources: Human Resource Management: Ch. 11; HR-Survey; human resources department for the organization you chose; Supplemental Resources.

Choose your organization or one you know well to use for this assignment. You may use the same organization you used Week 1.

Develop 1,225-word compensation and benefits strategy for the organization.

Discuss current trends shaping total rewards for employees in a business industry synonymous with your organization.

Evaluate current compensation plans for that industry.

Summarize your data in narrative and table format showing diverse levels of responsibility and compensation.

Evaluate the market data, job data, and organizational data.

Devise a total rewards strategy with recommendations for your organization.

Include in table format a list of the compensation components for your plan.

Develop a one-page survey you would use as a resource to collect information from employees about the rewards they desire in a reward package for employees. On your survey, include questions about financial rewards and non-financial rewards. Attach the survey as an Appendix. Do not administer the survey.

Include an analysis of legislation that may impact decisions made about compensation and benefits.

Attachment:- law_report.rar

Reference no: EM131451482

Questions Cloud

Justify the decision to scan e-mails for content : Sergey Brin offered the argument that all e-mail providers scan your e-mails for content to ensure that it is yours and that it isn't a spam e-mail.
Give brief description of the perceptual hashing technology : Give a brief description of the perceptual hashing technology and discuss its applications - Explain how robust and fragile watermarking can be used to solve legal and ethical issues related to digital images and videos.
Riskfree rate-market risk premium : If the riskfree rate is 5% and the market risk premium is 7%, are these stocks correctly priced?
Could google have launched gmail over privacy : In October 2009, the Federal Trade Commission (FTC) announced its new "Guide Concerning the Use of Endorsements and Testimonials in Advertising,".
Develop compensation strategy for the organization : Develop compensation and benefits strategy for the organization.Evaluate current compensation plans for that industry.
Was there an ethical transgression : Considering Reverb's position in its widely distributed statement in response to the settlement of the complaint, was there an ethical transgression here?
Cost of new equity assuming the firms stock price : What is the cost of new equity assuming the firm's stock price is currently selling for $10 and will pay a dividend of $2 next year.
Describe the reason of given case : Given that there was no admission of guilt or financial penalty applied, do you think this settlement will prompt companies such as Reverb.
How do mandatory bargaining issues : How do mandatory bargaining issues, voluntary bargaining issues, and illegal bargaining issues differ?

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd