In
this final assignment, you will design a total rewards program based on
an existing organization that you have studied earlier in the course
or, with the instructor’s permission, a different organization.
Before
creating the final projected total rewards program, you will have
conducted a research project in which you have obtained thorough and
detailed information about organizational goals, objectives, and
challenges. In addition, you will have obtained information about the
current monetary and non-monetary rewards and work environment of the
organization and the challenges or changes (such as expansions,
downsizing, changes of services or products) the organization
anticipates. You will have also designed metrics to evaluate the total
rewards program.
In
the final paper, you will provide the research findings in a report of
at least 10 pages plus a title page, reference page, and appendix
documents including implementation timeline and metrics. Provide atleast eight sources (in APA format) in a reference list and respective in-text citations.Please be sure to use topic headings and include the following:
1. Provide aTitle Pagein Academic Format
2. Give theIntroductionandPurposefor the Paper
3. Summarize and describe the
organization, including its capabilities, key goals, objectives,
challenges, values, and core competencies required for success.
4. Show your knowledge of the total rewards model by describing the current total rewards philosophy of the organization and its three categories of offerings.
5. Identify and describe thesegmentationof
the workforce (drawing up our study of how to differentiate employee
groups depending on their drivers, such as flexible schedules, growth
potential, desire for demonstrating individual expertise or team
success, low obligation and easy income, or high obligation and high
income).
6. Describe further
the current requisite capabilities of the organization and the
competencies (knowledge, skills, and abilities) of the employees and, in
your opinion, an analysis of whether the current needs will change given the issues faced by the organization.
7. Recommendchanges
to the total rewards program, along with specific plans, including
plans for communicating the changes and metrics that should be used by
the organization to evaluate the success of the new program.
8. Present the justificationfor your recommendations.
9. Assess and discuss the risks of not implementing the program and the opportunities the program will give the organization.
10. Provide your metrics for evaluating the total rewards program and share why you chose the ones you did.
11. Presenta
general explanation for the timeline for implementation (to be
presented in a table or graph format in the timeline portion of the
paper.
12. Describe yourconclusions and a summary of knowledge gainedabout total rewards through the activity.
