Assignment
4: Recognizing Employee Contributions
Due Week 10 and worth 300 points
You are the HR manager of a
relatively new retail company that has both retail stores and Internet sales.
Your company is steadily growing in revenue and profitability. The
company realizes that in order to retain the solid, highly productive workforce
it currently has in place, it is important to enhance the base compensation and
benefits package offered to the employees. The company currently offers a basic
compensation program and only federally mandated benefits. Employee surveys
suggest the compensation and benefits program may be out of date. Employees are
beginning to consider leaving the organization.
Write a six to eight (6-8) page
paper in which you:
- Propose two (2) methods an HR professional could use to
determine incentive pay. Specify the principal manner in which the
proposed methods take into consideration individual, group, and company
performance. Justify your response. - Examine the core legal requirements affecting employee
benefits in today’s competitive environment. Determine the legally
mandated benefits that the company must currently offer to its
employees. - Recommend at least three (3) additional benefits that
the organization should consider providing to its employees. Suggest at
least two (2) important concepts that a company must consider when
designing benefit plans. Provide a rationale for your response. - Assess the efficiency of common techniques for
effectively communicating compensation and benefit plans to employees.
Support your answer. - Suggest two (2) ethical risks of making incentive pay a
large portion of employees’ total compensation. Propose two (2)
recommendations for ways the company might mitigate or reduce these risks. - Use at least three (3) quality academic resources in
this assignment. Note: Wikipedia and other Websites do not qualify 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.
The specific course learning
outcomes associated with this assignment are:
- Examine the influences on and various approaches to
compensation. - Analyze issues related to developing and implementing
employee benefit packages. - Apply relevant theories and knowledge to human resource
practices in organizations. - Use technology and information resources to research
issues in human resource management foundations. - Write clearly and concisely about human resource
management foundations using proper writing mechanics.
Grading for this assignment will be
based on answer quality, logic / organization of the paper, and language and
writing skills.Click here to access
the rubric for this assignment.
