Total Rewards Program Paper
and Timeline
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
at least 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 a Title Page in
Academic Format
2. Give the Introductionand Purpose for
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 the segmentation of
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 your conclusions and a summary
of knowledge gained about total rewards through the activity.
13. Reference Page(with at least
8 scholarly sources)
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imeline for Implementation (6%)
To supplement
the final paper, you will develop an action plan for implementing the
recommendations for the total rewards program. You are encouraged to use a
Gantt chart or Pert or similar graphic to display a timeline and the
interdependence or sequence of the activities.
A good action plan contains specific and
quantifiable steps; the order in which those steps are to be taken; the individuals
responsible for each step; the individuals responsible for overall segments as
applicable; the required resources for each step; and the funding sources as
applicable.
The timeline
adds to the presentation/paper and aids in the identification of success
measures and issues/problems encountered and overcome.
