Reference no: EM132102475 , Length: 2400 Words

Assignment 2: Compensation Plan Outline

Using the same company you researched in Assignment 1, evaluate the company's compensation plan to determine how it could be improved.

Write a six to eight (6-8) page paper in which you:

1. Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale.

2. Determine the most beneficial ratio of internally consistent and market consistent compensation systems for the company you selected.

3. Evaluate the current pay structure used by your company and assess the recognition of employee contributions.

4. Make two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.

5. Evaluate the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and compare them to that company's major competitors.

6. Use at least three (3) quality references. Note: Wikipedia and other websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.

• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required page length.

The specific course learning outcomes associated with this assignment are:

• Evaluate the effectiveness of traditional bases for pay (seniority and merit) against incentive-based and person-focused compensation approaches.

• Compare and contrast internally consistent and market-competitive compensation systems.

• Evaluate the role of benefits in strategic compensation.

• Use technology and information resources to research issues in compensation management.

• Write clearly and concisely about compensation management using proper writing mechanics.

NOTE: Expectations & Important information for this and future assignments

The ideology behind the required assignments is to test yourself, to assess your knowledge, and to serve as a testimonial that you grasped the material. These assignments help you to grow, excel, and succeeded in the future. In order to accomplish this, here are some guidelines to follow:

1. Read the directions/requirements

2. Review the rubric. Have the rubric in front of you while your compost the paper.

3. Check your document for plagiarism- You have access to Safe Assign, a tool to check for similarities (plagiarism). A similarity report is populated shortly after your submit the assignment. I strongly suggest you review/redo the assignment, if the report shows a similarity greater than 20%. This tool is for your benefit, please use it to ensure your submission confirms to Strayer University's requirements. Most of all this tool will help you avoid violating the Academic Integrity Policy.

4. Read/Review the late submission policy. This link is located under the Student Center Tab, under the Student Course Guide section

Familiarize yourself with the following: APA, Paraphrasing, Citing (in-text), Quoting, and Plagiarism

Under the Student Center Tab, at the bottom, under Additional sources there are many helpful links that will help you excel in composing, citing, writing and avoiding plagiarism. I am also providing these links for your convenience.

1. APA: Make sure your paper confirms to Strayer Universities' APA requirements. Setting up document for APA:

1. APA Format Citations-Sixth (6th) Edition

2. APA Referencing: The Basics

3. APA Reference Page

4. APA Format: In-text Citations, Quotations, and Plagiarism

2. Paraphrasing: Every day when we talk, write, send emails, text, etc., we paraphrase. Yet this word seem to scare everyone.

1. What is Paraphrasing

2. Paraphrasing-The Basic Steps

3. Plagiarism: Cheating, Stealing, Scamming, Vandalism, etc., are just some of the many word use to describe/define Plagiarism.

1. The punishable perils of Plagiarism (Melissa Huseman D'Annunzio)

2. Plagiarism-A Film by Murdoch University Dubai

What is Plagiarism?

1. Quotation, Paraphrase and Summary: What is it? These are the fundamentals ways to improve one's writing skills.

1. Quote, Paraphrase, Summary

2. Paraphrasing, Summarizing and Quoting

Note: The information above will help you to provide quality work. Be advised: I will be checking your submission through Safe Assign, and turnitin (plagiarism checker), if need be. If the similarity index is greater than 20%, and further evaluation indicates that the document is plagiarized, a grade of "zero" will be recorded in the grade book. Furthermore, Student Affairs will be notified of violation of the Academic Integrity policy. If the assignment is deemed to have been Plagiarized, under no circumstances will you have a chance to RE-DO. NO EXCEPTIONS!