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Discuss current trends shaping total rewards

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Reference no: EM131547815

Purpose of Assignment

The purpose of this assignment is to give learners experience developing a total rewards program.

Assignment Steps

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 Week 1. (Coca-Cola)

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

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

- Evaluate current compensation plans for that industry.

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

- Evaluate the market data, job data, and organizational data.

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

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

- 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.

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

Format your assignment consistent with APA guidelines.

I choose Coca-Cola as my organization.

Verified Expert

The paper is about Coca-Cola compensation & benefits strategy which is dependable upon the various influential factors. The importance of the compensation & benefits is to motivate employees & make it as per the competitive standards of the individuals. Its also key highlights the hopes & goals after in order to bring a fair & equal pay which is dependable upon the legislative rules of the parent company operating. The complete notion lays emphasis in handling making a competitive pay structure. This paper has been prepared in Microsoft office words document.

Reference no: EM131547815

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