HR REWARDS
Total Rewards System Proposal Due Week 7 and worth 250 points This research-based assignment focuses on the latest available information about creating, organizing, and managing a total rewards program. As the HR leader for your organization or a fictitious profit organization that employs 10,000 employees, your task is to create the organization's total reward system. You will also brief the CEO on your strategy. Write an eight to ten (8-10) page paper in which you:
1. Create a brief overview of the company requirements for a total rewards system. NOTE: You have flexibility in creating your overview of the requirements, but the response must be relevant.
2. Formulate a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments. NOTE: This is just your strategy for compensation (not the entire total rewards package) and the appropriate compliance concerns.
3. Explain the advantages of the total rewards strategy you are proposing (this time, the entire total rewards package) and how it might satisfy the employees’ needs.
4. Determine the key communication components (basic framework) of the total rewards system. See pages 57-59 in the textbook.
5. Indicate your strategy for devising a competitive pay structure. **The textbook has plenty of information on this topic.**
6. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources. Consider https://research.strayer.edu
Use “Book Access” attachment for username and password
Your assignment must follow these formatting requirements:
· 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.
Here's what you'll be specifically graded on:
1. The running heads are set up properly on cover page and information is centered on the page (not too far up or too far down).
2. Every page has a page number and it is placed inside the running head.
3. Introduction and Conclusion sections are required and worth 5 points each. Please do not miss these!!
4. Introduction section has the title of the paper as its heading...NOT the word Introduction..
5. All headings are restructured versions of the paper’s requirements statements and not copied and pasted versions.
6. Reference and introduction headings are not to be bold text; all other headings are bold text
7. All citations have 3 parts: author, year, and page or paragraph numbers. Mandatory!
8. Paper has good mixture of research and student’s own thoughts and the information is relevant.
9. All paragraphs are properly indented throughout the paper.
10. Conclusion section is effective and does not repeat what the introduction says or begins with “In this paper we talked about…”
11. Any journal article used as a reference must have a "retrieved from" web address that takes the reader directly to the source, NOT to the host page (Ex; Ebsco)
12. It goes without saying that all information in any paper must be specific to the paper’s topics with good grammar and meaning.
The specific course learning outcomes associated with this assignment are:
· Define total rewards and describe the advantages of a total rewards approach.
· Analyze an organization’s strategy, workforce, operating environment, and key stakeholders to identify critical factors in designing a total rewards strategy.
· Evaluate the elements of a total rewards communication program.
· Use technology and information resources to research issues in total rewards.
· Write clearly and concisely about total rewards using proper writing mechanics.