“Assignment
4: Recognizing Employee Contributions
Due Week 10 and worth 300 points
You are the HR manager of a
relatively new retail company that has both retail stores and Internet sales.
Your company is steadily growing in revenue and profitability. The
company realizes that in order to retain the solid, highly productive workforce
it currently has in place, it is important to enhance the base compensation and
benefits package offered to the employees. The company currently offers a basic
compensation program and only federally mandated benefits. Employee surveys
suggest the compensation and benefits program may be out of date. Employees are
beginning to consider leaving the organization.
Write a six to eight (6-8) page
paper in which you:
Propose two (2) methods an HR
professional could use to determine incentive pay. Specify the principal
manner in which the proposed methods take into consideration individual,
group, and company performance. Justify your response.
Examine the core legal
requirements affecting employee benefits in todays competitive
environment. Determine the legally mandated benefits that the company must
currently offer to its employees.
Recommend at least three (3)
additional benefits that the organization should consider providing to its
employees. Suggest at least two (2) important concepts that a company must
consider when designing benefit plans. Provide a rationale for your
response.
Assess the efficiency of common
techniques for effectively communicating compensation and benefit plans to
employees. Support your answer.
Suggest two (2) ethical risks
of making incentive pay a large portion of employees total compensation.
Propose two (2) recommendations for ways the company might mitigate or
reduce these risks.
Use at least three (3) quality
academic resources in this assignment. Note: Wikipedia and other Websites
do not qualify as academic resources.
Your assignment must follow these
formatting requirements:
Be typed, double spaced, using
Times New Roman font (size 12), with one-inch margins on all sides;
citations and references must follow APA or school-specific format. Check
with your professor for any additional instructions.
Include a cover page containing
the title of the assignment, the students name, the professors name, the
course title, and the date. The cover page and the reference page are not
included in the required assignment page length.
The specific course learning
outcomes associated with this assignment are:
Examine the influences on and
various approaches to compensation.
Analyze issues related to
developing and implementing employee benefit packages.
Apply relevant theories and
knowledge to human resource practices in organizations.
Use technology and information
resources to research issues in human resource management foundations.
Write clearly and concisely
about human resource management foundations using proper writing
mechanics.
Grading for this assignment will be
based on answer quality, logic / organization of the paper, and language and
writing skills..strayer.edu/bbcswebdav/institution/HRM/500/1146/Week10/Assignment%204%20Rubric.html”” title=””Assignment 4 Rubric””>Click here
to access the rubric for this assignment.
Assignment
4: Recognizing Employee ContributionsDue Week 10 and worth 300 pointsYou are the HR manager of a
relatively new retail company that has both retail stores and Internet sales.
Your company is steadily growing in revenue and profitability. The
company realizes that in order to retain the solid, highly productive workforce
it currently has in place, it is important to enhance the base compensation and
benefits package offered to the employees. The company currently offers a basic
compensation program and only federally mandated benefits. Employee surveys
suggest the compensation and benefits program may be out of date. Employees are
beginning to consider leaving the organization.Write a six to eight (6-8) page
paper in which you:Your assignment must follow these
formatting requirements:The specific course learning
outcomes associated with this assignment are:Grading for this assignment will be
based on answer quality, logic / organization of the paper, and language and
writing skills..strayer.edu/bbcswebdav/institution/HRM/500/1146/Week10/Assignment%204%20Rubric.html”” title=””Assignment 4 Rubric””>Click here
to access the rubric for this assignment.”



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