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 Introductionand 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.
Show 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.
Recommendchanges 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 justificationfor
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.
Presenta general explanation for the
timeline for implementation (to be presented in a table or graph format in the
timeline portion of the paper.
12.
Describe your conclusions
and a summary of knowledge gained about total rewards
through the activity.
13. Reference Page(with
at least 8 scholarly sources)
