Evaluate current compensation plans for your chosen business

Reference no: EM131844314

Assignment

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.

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

• Evaluate current compensation plans for your chosen business or industry.

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

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

• 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.

• Devise a total rewards strategy with recommendations for your organization.

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

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

Reference no: EM131844314

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