In this assignment, you will be assessed based on the following Outcomes:
HR435-5: Contrast methods for developing a total compensation strategy.
GEL-1.02: Demonstrate college-level communication through the composition of original materials in Standard English.
You have had the opportunity to evaluate various aspects of your selected organization throughout this course in the form of unit assignments. Although your final will not be a simple compilation of your weekly unit assignments, the individual assignments should serve to provide you with foundational information for your final.
Your final requires you to evaluate the compensation plan of a real-world organization. Compensation affects the success and failure of an organization. The final project will help you be able to design and/or implement compensation strategies, and help you understand how your own compensation is managed. You may use your present employer, a past employer, or an organization that you would like to work for in the future as a model for this project.
Evaluate the compensation plan available at your selected organization. Your project should reflect the skills and knowledge that you have developed throughout this course. Your evaluation should discuss the strategic successes and failures of the compensation with regard to the following topics:
The strategic value of the plan as a source of competitive advantage
The internal alignment structures used to implement the plan
The external strategies used to implement the plan
The use of incentives in the plan
The function of benefits in the plan
The way labor costs are managed, including the processes and structures used
The way the plan is communicated throughout the organization
Ensure you include the following information:
Assess the strategic value of the plan as a source of competitive advantage.
Evaluate the internal alignment structures of the plan.
Appraise the external strategies used to execute the plan.
Evaluate incentives in the plan.
Assess the role of benefits in the plan.
Appraise the processes and structures used to manage labor costs.
Evaluate the means of communicating the plan to the employees.
To successfully complete the paper, the following are the minimum requirements:
Review the grading rubric before beginning this assignment.
Compose a 10–12-page paper, in addition to the title and reference pages. It must be in APA format using 12-point font, double-spaced, indented paragraphs, citations, reference list, etc.
It must be written in Standard English and demonstrate exceptional content, organization, style, and grammar and mechanics.
Respond to the questions in a thorough manner, providing specific examples where asked.
Your paper should provide a clearly established and sustained viewpoint and purpose.
Your writing should be well ordered, logical, and unified, as well as original and insightful.
A separate page at the end of your research paper should contain a list of references, in current APA format. Use your textbook, the Library, and the internet for research.
For additional help with writing an informational paper and APA formatting, please visit the Writing Center accessed through the Academic Success Center within the Academic Tools area of the course.
Include introductory and summary paragraphs.
Limit the use of direct quotations – instead, paraphrase and cite the author’s work. For a refresher on paraphrasing, view this short Guide to Paraphrasing video and explore the additional resources prior to starting your assignment. You can access tutorials, how-to videos, tutoring services, and more by visiting the Academic Success Center.
Demonstrate your understanding of the weekly objective(s) through your response.
Reinforce your personal opinions with at least four credible or scholarly research articles (not to exceed 20% of content). Peer-reviewed academic articles, articles published in journals, textbooks, and library resources
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