The Final Paper (30%)
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 and a reference page.
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
Introduction and 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. Demonstrate 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. Recommend changes
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
justification for 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. Present a general explanation for the timeline for
implementation in the paper and submit the timeline as a separate assignment.
You should refer to the implementation task list and timeline in the paper and
share that it has been submitted as a separate assignment.
12. Describe your conclusions and a summary of knowledge
gained about total rewards through the activity.
13. Reference Page (with at least eight scholarly sources)
Due Date
ScholarMatic: Explanation & Answer
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