Reference no: EM132314723

Assignment: New and Improved Rewards at Work

Employers have been coming up with innovative employee rewards to boost morale and acknowledge employee needs for creativity and personal goal accomplishment. Some of the latest potential employee rewards include using the Internet at work for personal reasons such as shopping, communicating with friends, or personal finances; bringing a pet to work; instituting a controlled napping policy, and the sports and office betting pools.

Write an eight to ten (8-10) page paper in which you:

1. Determine how innovations in employee benefits can improve the overall competitive compensation strategy of the organization. In other words, if your benefits programs have been improved, how will that improve the company's compensation strategy?

2. Explain how innovative benefits could be tied to specific jobs. More specifically, how do the benefits programs help attract talent for specific jobs?

3. Critique (or assess) the effectiveness of equity-based rewards systems for both compensation and benefits. Why do you believe companies use equity to reward employees and is that approach effective?

4. Discuss the key elements of integrating innovation into a traditional total rewards program. In other words, in your current total rewards program what elements might you use to integrate innovation solutions to it?

5. Recommend a process that optimizes an employee-based suggestion program to continually refresh the total rewards of the organization.

6. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality 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; citations and 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 assignment page length.

Please follow all directions

Absolutely no plagiarism

APA format only and the citation should date no more than 5 years

Headings will be used for all required sections of the paper. In other words, for each criteria statement for the assignment a heading will determined. The heading should not be a copied and pasted criteria statement.

Citations for ALL assignments are required and there must be at least one for every reference listed on the reference page. All citations in this course must have 3 parts: (1) Author or source, (2) year, and (3) page or paragraph number (depending on the type of reference).

Sometimes a single criterion directs that you address more than one area, so ensure that you cover everything. Avoid addressing things with no relation to the overall topics for the paper. (Please stay on the topic and address everything asked above).

Double-space all lines of information in the paper. Spacing beyond double is not permitted.

2. Indent the first line of every paragraph ½ inch. Page-long paragraphs are not permitted.

3. Align the text to the left margin, leaving the right margin "ragged".

4. The document must have a title page that has a running head with the first page number. There must also be on the page (centered) the paper title, student's name, school name, and date of assignment as minimum information.

Reference lists begin after the last page of text. A reference list is used at the end of the paper to accurately document all sources cited. The reference list is organized alphabetically, is double-spaced, and uses a hanging indent paragraph style. NOTE - The reference format will differ depending on the source (i.e. book, journal article, newspaper, and website).