Explain the advantages of a total rewards approach

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Reference no: EM131925350

Assignment 1: Total Rewards Briefing

You have been tasked to prepare a future report for the management team that discusses key HR elements that help to better understand the importance of effective total rewards systems. The elements consist of sales force compensation, proposing total rewards systems, DOL case studies, and new and improved rewards, which all happen to be topics for the remaining assignments for this course. You must meet with the management team for a 1-hour meeting to provide a presentation overview of what the future report will contain.

Prepare a ten to twelve (10-12) slide presentation in which you:

1. Include cover, agenda, summary, and reference list slides, all of which counts toward the slide count.

2. Provide information with a minimum of three bullet points on motivating sales employees through effective total rewards packages

3. Provide information with a minimum of four (4) bullet points outlining how components and program design of a total rewards program. Hint: Chapters 1 and 4 in the text book.

4. Provide an overview of ways employees can make benefits work for them more effectively. Hint: Top 10 Ways to Make Your Health Benefits Work for You

5. Provide information with a minimum of three (3) bullet points on how you might implement flexible employee benefits. Hint: Chapter 21 from the text book.

6. Use at least three (3) quality academic resources in this assignment.Note: Wikipedia and other non-quality websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

• Have headings for each section with all bulleted information aligned properly and using the same font and size. Images may be used but must be professional and relevant to the topic. Check with your professor for any additional instructions.

• Include citations and references for all information received from other sources

The specific course learning outcomes associated with this assignment are:

• Define total rewards and describe the advantages of a total rewards approach.

• Analyze an organization's strategy, workforce, operating environment, and key stakeholders to identify critical factors in designing a total rewards strategy.

• Use technology and information resources to research issues in employee and labor relations.

• Write clearly and concisely about employee and labor relations using proper writing mechanics.

Reference: WorldatWork. (2007). The WorldatWork handbook of Compensation, benefits, & Total Rewards. Hoboken, NJ: John Wiley & Sons.

Reference no: EM131925350

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