Design a total rewards program

Assignment Help Business Management
Reference no: EM13915801

In this final assignment, you will design a total rewards program based on an existing organization that you have studied earlier in the course or, with the instructor's permission, a different organization.

Before creating the final projected total rewards program, you will have conducted a research project in which you have obtained thorough and detailed information about organizational goals, objectives, and challenges. In addition, you will have obtained information about the current monetary and non-monetary rewards and work environment of the organization and the challenges or changes (such as expansions, downsizing, changes of services or products) the organization anticipates. You will have also designed metrics to evaluate the total rewards program.

In the final paper, you will provide the research findings in a report of at least 10 pages plus a title page, reference page, and appendix documents including implementation timeline and metrics. Provide at least eight sources (in APA format) in a reference list and respective in-text citations. Please be sure to use topic headings and include the following:

1. Provide a Title Page in Academic Format

2. Give the Introduction and Purpose for the Paper

3. Summarize and describe the organization, including its capabilities, key goals, objectives, challenges, values, and core competencies required for success.

4. Demonstrate your knowledge of the total rewards model by describing the current total rewards philosophy of the organization and its three categories of offerings.

5. Identify and describe the segmentation of the workforce (drawing up our study of how to differentiate employee groups depending on their drivers, such as flexible schedules, growth potential, desire for demonstrating individual expertise or team success, low obligation and easy income, or high obligation and high income).

6. Describe further the current requisite capabilities of the organization and the competencies (knowledge, skills, and abilities) of the employees and, in your opinion, an analysis of whether the current needs will change given the issues faced by the organization.

7. Recommend changes to the total rewards program, along with specific plans, including plans for communicating the changes and metrics that should be used by the organization to evaluate the success of the new program.

8. Present the justification for your recommendations.

9. Assess and discuss the risks of not implementing the program and the opportunities the program will give the organization.

10. Provide your metrics for evaluating the total rewards program and share why you chose the ones you did.

11. Present a general explanation for the timeline for implementation in the paper AND as an appendix to the paper (submitted as a separate assignment). You may refer to the implementation task list and timeline in the paper and share that it is in the appendix but submitted as a separate assignment.

12. Describe your conclusions and a summary of knowledge gained about total rewards through the activity.

13. Reference Page (with at least eight scholarly sources)

Reference no: EM13915801

Three major national labor laws

There are three major national Labor Laws. Compare and contrast each one, in order to identify the major factors associated to each law. Are these laws necessary? Please exp

Determining the department of commerce

More and more U.S. companies are exporting, the U.S. department of Commerce estimates 1 in 5 jobs are dedicated to exporting. What balance sheet risks do U.S. companies face

Functional disciplines especially in life cycles

The logistics field has become more integrated with other functional disciplines especially in life cycles and product development models over the last 20 years. Based on wh

Law of diminishing returns sets

"You can determine when the law of diminishing returns sets in from your marginal costs." The manufacturer wants you to tell him which of the above statements are right and wh

Businesses merely maximize shareholder wealth

Should businesses attempt to solve societal ills, or should businesses merely maximize shareholder wealth? Some individuals argue that the purpose of a business is to make a

Treating persons who meet the criteria for substance abuse

Compare the 4-stage recovery model to the harm reduction model for treating persons who meet the criteria for substance abuse. What are the strengths and the weaknesses of eac

Discuss the advantages and disadvantages

discuss the advantages and disadvantages that an international restaurant industry, specifically Burger King, would have in comparison with a local industry in that market?

Changes in service and price in the airline industry

How would you characterize the U.S. airline industry in the early 1990's and how is it that Southwest Airlines has been able to consistently grow and prosper in the U.S. passe

Reviews

Write a Review

 
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