Mod 2&4

Module 4 - Case

TOTAL REWARDS IN PRACTICE

Case Assignment Overview

Signature Assignment: Quantitative Reasoning, Introduced Level

In this assignment, your quantitative reasoning skills will be assessed at the “introduced” level. The Quantitative Reasoning rubric will be useful for this purpose. Then in HRM520 your quantitative reasoning skills will be further assessed at the “reinforced” level. Finally, in HRM599 your skills will be assessed at the “emphasized” level.

Case Assignment

This assignment requires you to:

1. Complete 3 tables—one each for Health Care Costs, Absenteeism, and Presenteeism.

2. Use relevant data from the  2018 Employer Health Benefits Survey  for as many table categories as possible, such as annual health care costs, health insurance premiums, annual cost increases, and so forth. Some of the data needed for the three tables are not included in the survey. For those, you have the discretion to use relevant data from other reliable sources. The article  Wellness ROI versus VOI  contains additional information.

3. To determine your quantitative reasoning skills, it is important you analyze, synthesize, and report your findings in a 3-page paper (not counting the title page, reference page or appendices). You do not need to complete all categories of the tables, but complete as many as possible. The basic requirement is to compile and plug-in sufficient data within each table necessary to analyze and report your findings.

4. Feel free to use the same data for each table, but you should try to use examples of data that show significant differences when calculated.

5. Follow this link to three calculators at  https://www.wellsteps.com/blog/2018/01/10/wellness-roi-employee-wellbeing-programs/ .

Watch the videos and use the calculators provided to calculate the possible impact on health care costs, absenteeism, and presenteeism of wellness programs. (Adobe Flash is needed to view the videos.)

Prepare three tables in Word to show the data you choose. Your tables should be set up like this:

Health Care Costs:

Health Care Costs:	Annual Health Care Costs	Annual Cost Increase	Number of Employees	% of employees obese	% that are smokers	Target percent obese	Target percent smokers
Example H1:
Example H2:
Example H3:

Absenteeism:

Absenteeism:	Annual Health Care Costs	Annual Cost Increase	Number of Employees	% of employees obese	% that are smokers	Target percent obese	Target percent smokers
Example A4:
Example A5:
Example A6:

Presenteeism:

Presenteeism:	Annual Health Care Costs	Annual Cost Increase	Number of Employees	% of employees obese	% that are smokers	% of employees 1 or more risk factor.	Target percent obese	Target percent smokers
Example P7:
Example P8:
Example P9:

Using critical thinking skills to prepare your narrative, you should summarize and analyze the data. Do not merely repeat the numbers from your tables without analyzing the findings and making recommendations for employers (and employees).

The paper you submit should include:

1. Title page

2. 3-page narrative, complete with a strong introduction and conclusion. Bring in at least two sources from the Trident Online Library as you develop the narrative. Include in-text citations following APA guidelines.

3. References page: Include your reference list on the next page that follows your narrative. List each source on the References page in APA format.

4. Appendices: Create three appendices, one each for Health Care Costs, Absenteeism, and Presenteeism. Include at least one graph to go along with each of the three tables (appendices). Refer to the specific example to which each graph belongs.

Module 4 - SLP

TOTAL REWARDS IN PRACTICE

Address the following questions in a question-and-answer format; that is, state the question and then answer it in detail.

The Background readings for this module explore the premise of how contingent workers, who have become a key foundation of the U.S. workforce, are compensated. In this assignment, compare and contrast the various aspects of how contingent workers are compensated compared with conventional workers. As you undertake this comparative analysis, address the following:

· How does the employment of contingent employees affect an organization’s business, its HRM responsibilities, its overall costs, and its organizational culture?

· In your educated opinion, should the compensation of contingent workers be the same (on a pro-rated basis) as conventional, full-time employees doing the same work? Discuss, bringing in both the strengths and challenges this approach presents.

· How would you, as the CEO of the company, create a sense of engagement with the infusion of contingent workers in a workplace that historically consisted of conventional, full-time employees?

Use at least 2 library sources and/or background readings to help strengthen and support your 3-page response.

Submit your paper by the module due date.

Module 4

Required Material

Aldana, S. (2018). Wellness ROI vs. VOI: The best employee wellbeing programs use both. Retrieved from  https://www.wellsteps.com/blog/2018/01/10/wellness-roi-employee-wellbeing-programs/

Heathfield, S. (2016). Are you getting the best benefit from your employee benefits? Retrieved from https://www.thebalance.com/most-of-employee-benefits-1917723

Helios HR. (n.d.), What makes up a great total employee rewards package? Retrieved from  https://www.helioshr.com/2013/11/what-makes-up-a-great-total-rewards-package/

Hipple, S., & Stewart, J. (1996). Earnings and benefits of contingent and noncontingent workers. Monthly Labor Review, 119(10), 22-30. Retrieved from the Trident Online Library.

Lawrence, T. (2012). Integrating contingent workers. Baseline, (114), 13. Retrieved from the Trident Online Library.

Pedulla, D. S. (2013). The hidden costs of contingency: Employers’ use of contingent workers and standard employees’ outcomes. Social Forces, 92(2), 691-722. Retrieved from the Trident Online Library.

The Kaiser Family Foundation (2018). Employer Health Benefits 2018 Annual Survey: Section 1: Cost of Health Insurance, pgs. 31-42. Retrieved from  http://files.kff.org/attachment/Report-Employer-Health-Benefits-Annual-Survey-2018.

Optional Material

Armstrong, M., Brown, D., & Reilly, P. (2011). Increasing the effectiveness of reward management: An evidence-based approach. Employee Relations, 33(2), 106-120. Retrieved from the Trident Online Library.

OWLPurdue. (2012, May 9). Purdue Owl: APA formatting: The basics [Video file]. Retrieved from  https://www.youtube.com/watch?v=pdAfIqRt60c&list=PL8F43A67F38DE3D5D

Society for Human Resource Management. (2017). Visit the SHRM website ( www.shrm.org ) for some of the latest information on dynamic HRM topics, certification details, and SHRM membership information.