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 Employee surveys suggest the compensation and benefits program may be out of date.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 today’s competitive environment. Determine the legally mandated benefits that the company must currently offer to its employees.
Recommend at least four (4) additional benefits that the organization should consider providing to its employees. Suggest at least three (3) 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 four (4) quality academic (peer-reviewed) 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 student’s name, the professor’s 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.
Points: 300
Assignment 4: Recogni ...
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Assignment 4 Recognizing Employee ContributionsDue Week 10 and wo.docx
1. 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 today’s competitive environment. Determine the
legally mandated benefits that the company must currently offer
to its employees.
Recommend at least four (4) additional benefits that the
organization should consider providing to its employees.
Suggest at least three (3) 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
2. reduce these risks.
Use at least four (4) quality academic (peer-reviewed) 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
student’s name, the professor’s 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.
Points: 300
Assignment 4: Recognizing Employee Contributions
Criteria
Unacceptable
Below 70% F
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
3. 1. 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.
Weight: 20%
Did not submit or incompletely proposed two (2) methods an
HR professional could use to determine incentive pay. Did not
submit or incompletely specified the principal manner in which
the proposed methods take into consideration individual, group,
and company performance. Did not submit or incompletely
justified your response.
Partially proposed two (2) methods an HR professional could
use to determine incentive pay. Partially specified the principal
manner in which the proposed methods take into consideration
individual, group, and company performance. Partially justified
your response.
Satisfactorily proposed two (2) methods an HR professional
could use to determine incentive pay. Satisfactorily specified
the principal manner in which the proposed methods take into
consideration individual, group, and company performance.
Satisfactorily justified your response.
Thoroughly proposed two (2) methods an HR professional could
use to determine incentive pay. Thoroughly specified the
principal manner in which the proposed methods take into
consideration individual, group, and company performance.
Thoroughly justified your response.
2. Examine the core legal requirements affecting employee
benefits in today’s competitive environment. Determine the
legally mandated benefits that the company must currently offer
to its employees.
Weight: 15%
Did not submit or incompletely examined the core legal
requirements affecting employee benefits in today’s competitive
environment. Did not submit or incompletely determined the
legally mandated benefits that the company must currently offer
to its employees.
4. Partially examined the core legal requirements affecting
employee benefits in today’s competitive environment. Partially
determined the legally mandated benefits that the company must
currently offer to its employees.
Satisfactorily examined the core legal requirements affecting
employee benefits in today’s competitive environment. Partially
determined the legally mandated benefits that the company must
currently offer to its employees.
Thoroughly examined the core legal requirements affecting
employee benefits in today’s competitive environment.
Thoroughly determined the legally mandated benefits that the
company must currently offer to its employees.
3. Recommend at least four (4) additional benefits that the
organization should consider providing to its employees.
Suggest at least three (3) important concepts that a company
must consider when designing benefit plans. Provide a rationale
for your response.
Weight: 20%
Did not submit or incompletely recommended at least
four (4)
additional benefits that the organization should consider
providing to its employees. Did not submit or incompletely
suggested at least
three (3)
important concepts that a company must consider when
designing benefit plans. Did not submit or incompletely
provided a rationale for your response.
Partially recommended at least
four (4)
additional benefits that the organization should consider
providing to its employees. Partially suggested at least
three (3)
important concepts that a company must consider when
designing benefit plans. Partially provided a rationale for your
response.
Satisfactorily recommended at least
5. four (4)
additional benefits that the organization should consider
providing to its employees. Satisfactorily suggested at least
three (3)
important concepts that a company must consider when
designing benefit plans. Satisfactorily provided a rationale for
your response.
Thoroughly recommended at least
four (4)
additional benefits that the organization should consider
providing to its employees. Thoroughly suggested at least
three (3)
important concepts that a company must consider when
designing benefit plans. Thoroughly provided a rationale for
your response.
4. Assess the efficiency of common techniques for effectively
communicating compensation and benefit plans to employees.
Support your answer.
Weight: 15%
Did not submit or incompletely assessed the efficiency of
common techniques for effectively communicating
compensation and benefit plans to employees. Did not submit or
incompletely supported your answer.
Partially assessed the efficiency of common techniques for
effectively communicating compensation and benefit plans to
employees. Partially supported your answer.
Satisfactorily assessed the efficiency of common techniques for
effectively communicating compensation and benefit plans to
employees. Satisfactorily supported your answer.
Thoroughly assessed the efficiency of common techniques for
effectively communicating compensation and benefit plans to
employees. Thoroughly supported your answer.
5. 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.
6. Weight: 15%
Did not submit or incompletely suggested two (2) ethical risks
of making incentive pay a large portion of employees’ total
compensation. Did not submit or incompletely proposed two (2)
recommendations for ways the company might mitigate or
reduce these risks.
Partially suggested two (2) ethical risks of making incentive pay
a large portion of employees’ total compensation. Partially
proposed two (2) recommendations for ways the company might
mitigate or reduce these risks.
Satisfactorily suggested two (2) ethical risks of making
incentive pay a large portion of employees’ total compensation.
Satisfactorily proposed two (2) recommendations for ways the
company might mitigate or reduce these risks.
Thoroughly suggested two (2) ethical risks of making incentive
pay a large portion of employees’ total compensation.
Thoroughly proposed two (2) recommendations for ways the
company might mitigate or reduce these risks.
6. 4 references
Weight: 5%
No references provided
Does not meet the required number of references; some or all
references poor quality choices.
Meets number of required references; all references high quality
choices.
Exceeds number of required references; all references high
quality choices.
7. Clarity, writing mechanics, and formatting requirements
Weight: 10%
More than 6 errors present
5-6 errors present
3-4 errors present
0-2 errors present