Designing a Compensation Package
Designing a Compensation Package
Using the job description (Human Resource Specialist) and evaluation method that you created for the exercises in Weeks 2 & 3, and the feedback from peers, design a proposal for a competitive compensation package for the position, including the following elements:
· Job description
· Method of Job evaluation
· Intrinsic and extrinsic benefits
· Compensation package and rationale for same
· How performance will be measured
· Why the proposal you have created is appropriate for the market at this time.
· Compensation strategy.
The proposal should be formatted in accordance with APA, 6th edition, and the guidelines of the template provided at the Writing Center (Links to an external site.) . It should be between 2000 – 2500 words in length excluding title page and references. Be sure to include at least six scholarly and/or popular sources, one of which must be the course text ( Weathington, B. L. & Weathington, J. G. (2020). Compensation and benefits: Aligning rewards with strategy, updated edition . Zovio.)
Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.