HRM 533 Assignment 5 New and Improved Rewards at Work

Write an eight to ten (8-10) page paper in which you:

1. Determine how innovations in employee benefits can improve the overall competitive compensation strategy of the organization.

2. Explain how innovative benefits could be tied to specific jobs.

3. Critique the effectiveness of equity-based rewards systems versus those with more creative approaches.

4. Discuss the key elements of integrating innovation into a traditional total rewards program.

5. Recommend a process that optimizes an employee-based suggestion program to continually refresh the total rewards of the organization.

6. Use at least five (5) quality academic resources in thisassignment. Note: Wikipedia and other Websites do not quality as academic resources.