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BUS 409 – Student Notes
(Prerequisite: BUS 310)
COURSE DESCRIPTION
Introduces and analyzes the basic concepts of compensation
administration in organizations. Provides an intensive study of
the wage system, methods of job evaluation, wage and salary
structures, and the legal constraints on compensation programs.
INSTRUCTIONAL MATERIALS
Required Resources
Martocchio, J. J. (2013). Strategic compensation:A human
resource management approach (7th ed.). Upper Saddle River,
NJ: Prentice Hall / Pearson.
Supplemental Resources
Andersen, S. (2012). The keys to effective strategic account
planning. Velocity, 14(1), 23-26.
Burkhauser, R. V., Schmeiser, M. D., & Weathers II, R. R.
(2012). The importance of anti-discrimination and workers’
compensation laws on the provision of workplace
accommodations following the onset of a disability. Industrial
& Labor Relations Review, 65(1), 161-180.
Employee compensation: 12 trends for 2012. (2012). HR
Specialist, 10(2), 1-2.
Survey of the Month: Companies Focus On Updating
Compensation in 2012. (2011). Report on Salary Surveys,
18(12), 1-5.
The Society of Human Resources Management (2012). General
format. Retrieved fromhttp://www.shrm.org
WorldatWork. (n.d.). General format. Retrieved
fromhttp://www.worldatwork.org
COURSE LEARNING OUTCOMES
1. Analyze how compensation practice can be applied to
positively impact an organization and its stakeholders.
2. Examine the ways in which laws, labor unions, and market
factors impact companies’ compensation practices.
3. Evaluate the effectiveness of traditional bases for pay
(seniority and merit) against incentive-based and person-
focused compensation approaches.
4. Compare and contrast internally consistent and market-
competitive compensation systems.
5. Analyze the fundamental principles of pay structure design.
6. Evaluate the role of benefits in strategic compensation.
7. Suggest viable options to current practices regarding
executive compensation.
8. Make recommendations for leveraging flexible and
contingent workers for any given organization.
9. Determine the best possible approach for the compensation of
expatriates.
10. Analyze differences between compensation, benefits, and
legal and regulatory influences in the United States and the rest
of the world.
11. Use technology and information resources to research issues
in compensation management.
12. Write clearly and concisely about compensation
management using proper writing mechanics.
WEEKLY COURSE SCHEDULE
The standard requirement for a 4.5 credit hour course is for
students to spend 13.5 hours in weekly work. This includes
preparation, activities, and evaluation regardless of delivery
mode.
Week
Preparation, Activities, and Evaluation
Points
1
Preparation
· Reading(s)
· Chapter 1: Strategic Compensation
· Chapter 1, Case: Competitive Strategy at Sportsman Shoes
Activities
· Introduction Discussion
· Discussions
Evaluation
· None
20
20
2
Preparation
· Reading(s)
· Chapter 2: Contextual Influences on Compensation Practice
· e-Activity
· Use the Internet or the Strayer Library to research laws within
your state that would directly affect compensation practices. Be
prepared to discuss.
Activities
· Discussions
Evaluation
· Quiz 1: Chapter 1
20
45
3
Preparation
· Reading(s)
· Chapter 3: Traditional Bases for Pay
· e-Activity
· Use the Internet or the Strayer Library to research a publicly
traded company or organization headquartered in your state with
a focus on its approach to base pay system (i.e., seniority versus
merit pay systems). Be prepared to discuss.
Activities
· Discussions
Evaluation
· Quiz 2: Chapter 2
20
45
4
Preparation
· Reading(s)
· Chapter 4: Incentive Pay
· Chapter 5: Person-Focused Pay
· e-Activity
· Use the Internet or the Strayer Library to research a company
or organization for which you would like to work focusing on
its current base of employee pay. Be prepared to discuss.
Activities
· Discussions
Evaluation
· Quiz 3: Chapter 3
· Assignment 1: Compensation Practice
20
45
250
5
Preparation
· Reading(s)
· Chapter 6: Building Internally-Consistent Compensation
Systems
· Chapter 6, Case: Internal Consistency at Customers First
· Chapter 7: Building Market-Competitive Compensation
Systems
· e-Activity
· Use the Internet or the Strayer Library to find a position with
a company or organization with which you would consider
working. Be prepared to discuss.
Activities
· Discussions
Evaluation
· Quiz 4: Chapters 4 and 5
20
90
6
Preparation
· Reading(s)
· Chapter 8: Building Pay Structures that Recognize Employee
Contributions
· e-Activity
· Use the Internet or the Strayer Library to research person-
focused pay programs with a focus on how they could be
incorporated into your current (or future)place of employment.
Be prepared to discuss.
Activities
· Discussions
Evaluation
· Quiz 5: Chapters 6 and 7
20
90
7
Preparation
· Reading(s)
· Chapter 9: Discretionary Benefits
· Chapter 10: Employer-Sponsored Retirement Plans and Health
Insurance Programs
· Chapter 10 Case Study: A Health Savings Account at Frontline
PR
· e-Activity
· Use the Internet or the Strayer Library to research the
discretionary benefits offered by the company for which you
would like to work, or for which you currently work. Be
prepared to discuss.
Activities
· Discussions
Evaluation
· Quiz 6: Chapter 8
20
45
8
Preparation
· Reading(s)
· Chapter 11: Legally Required Benefits
· Chapter 11, Case Study: Benefits for Part-Time Workers
Activities
· Discussions
Evaluation
· Quiz 7: Chapters 9 and 10
· Assignment 2: Compensation Plan Outline
20
90
300
9
Preparation
· Reading(s)
· Chapter 12: Compensating Executives
· Chapter 13: Compensating the Flexible Workforce
· e-Activities
· Use the Internet or the Strayer Library to research the debate
concerning seeming excessive executive compensation. Be
prepared to discuss.
· Use the Internet or Strayer Library to research compensation
practices for contingent workers at a company for which you
would like to work. Be prepared to discuss.
Activities
· Discussions
Evaluation
· Quiz 8: Chapter 11
20
45
10
Preparation
· Reading(s)
· Chapter 14: Compensating Expatriates
· Chapter 15: Pay and Benefits Outside the United States
· e-Activity
· Use the Internet or the Strayer Library to research a foreign
country of your choice (excluding Canada), with a focus on that
country’s cultural characteristics. Be prepared to discuss.
Activities
· Discussions
Evaluation
· Quiz 9: Chapters 12 and 13
20
90
11
Preparation
· Reading(s): None
Activities
· Discussions
Evaluation
· Quiz 10: Chapters 14 and 15
20
90
GRADING SCALE – UNDERGRADUATE
Assignment
Total Points
% of
Grade
Quizzes (open book with a 1-hour time limit per chapter)
(15 chapters, 15 questions each, worth 3 points apiece)
675
46%
Assignment 1: Compensation Practice
250
17%
Assignment 2: Compensation Plan Outline
300
20%
Participation (22 discussions worth 10 points apiece;
Introduction Discussion worth 20 points)
240
17%
Total
1,465
100%
Points
Percentage
Grade
1,318 – 1,465
90% – 100%
A
1,172 – 1,317
80% – 89%
B
1,025 – 1,171
70% – 79%
C
879 – 1,024
60% – 69%
D
Below 879
Below 60%
F
BUS 409 – Compensation Management
©2015 Strayer University. All Rights Reserved. This document
contains Strayer University Confidential and Proprietary
information and may not be copied, further distributed, or
otherwise disclosed in whole or in part, without the expressed
written permission of Strayer University.
BUS 409STUDENT GUIDE 1156 (5-14-2015)Page 6 of 13
Assignment 1: Compensation Practice
Due Week 4 and worth 250 points
Use the Internet orthe Strayer Library to research a publicly
traded company for which you would like to work.
Write a six to eight (6-8) page paper in which you:
1. Briefly describe the company you researched,
itscompensation strategy, best practices they are applying,and
compensation-related challenges they are facing.
2. Analyze how your company applies compensation practice to
determine the positive or negative impact to the company and
its stakeholders.
3. Examine the ways in which laws, labor unions, and market
factors impact the company’s compensation practices. Provide
specific examples to support your response.
4. Evaluate the effectiveness of traditional bases for pay at the
company you researched.
5. Use at least three (3) quality references. Note: Wikipedia and
other Websites do not qualify as academic resources.
Your assignment mustfollow these formatting requirements:
· Be typed, doublespaced, 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:
· Analyze how compensation practice can be applied to
positively impact an organization and its stakeholders.
· Examine the ways in which laws, labor unions, and market
factors impact companies’ compensation practices.
· Evaluate the effectiveness of traditional bases for pay
(seniority and merit) against incentive-based and person-
focused compensation approaches.
· Use technology and information resources to research issues in
compensation management.
· Write clearly and concisely about compensation management
using proper writing mechanics.
Grading for this assignment will be based on answer quality,
logic/organization of the paper, and language and writing skills,
using the following rubric.
Points: 250
Assignment 1: Compensation Practice
Criteria
Unacceptable
Below 60% F
Meets Minimum Expectations
60-69% D
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Briefly describe the company you researched, its
compensation strategy, best practices they are applying, and
compensation-related challenges they are facing.
Weight: 10%
Did not submit or incompletely described the company you
researched, its compensation strategy, best practices they are
applying, and compensation-related challenges they are facing.
Insufficiently described the company you researched, its
compensation strategy, best practices they are applying, and
compensation-related challenges they are facing.
Partially described the company you researched, its
compensation strategy, best practices they are applying, and
compensation-related challenges they are facing.
Satisfactorily described the company you researched, its
compensation strategy, best practices they are applying, and
compensation-related challenges they are facing.
Thoroughly described the company you researched, its
compensation strategy, best practices they are applying, and
compensation-related challenges they are facing.
2. Analyze how your company applies compensation practice to
determine the positive or negative impact to the company and
its stakeholders.
Weight: 25%
Did not submit or incompletelyanalyzed how your company
applies compensation practice to determine the positive or
negative impact to the company and its stakeholders.
Insufficiently analyzed how your company applies
compensation practice to determine the positive or negative
impact to the company and its stakeholders.
Partially analyzed how your company applies compensation
practice to determine the positive or negative impact to the
company and its stakeholders.
Satisfactorily analyzed how your company applies compensation
practice to determine the positive or negative impact to the
company and its stakeholders.
Thoroughly analyzed how your company applies compensation
practice to determine the positive or negative impact to the
company and its stakeholders.
3. Examine the ways in which laws, labor unions, and market
factors impact the company’s compensation practices. Provide
specific examples to support your response.
Weight: 25%
Did not submit or incompletelyexamined the ways in which
laws, labor unions, and market factors impact the company’s
compensation practices. Did not submit or incompletely
provided specific examples to support your response.
Insufficiently examined the ways in which laws, labor unions,
and market factors impact the company’s compensation
practices. Insufficiently provided specific examples to support
your response.
Partially examined the ways in which laws, labor unions, and
market factors impact the company’s compensation practices.
Partially provided specific examples to support your response.
Satisfactorily examined the ways in which laws, labor unions,
and market factors impact the company’s compensation
practices. Satisfactorily provided specific examples to support
your response.
Thoroughly examined the ways in which laws, labor unions, and
market factors impact the company’s compensation practices.
Thoroughly provided specific examples to support your
response.
4. Evaluate the effectiveness of traditional bases for pay at the
company you researched.
Weight: 25%
Did not submit or incompletelyevaluated the effectiveness of
traditional bases for pay at the company you researched.
Insufficiently evaluated the effectiveness of traditional bases
for pay at the company you researched.
Partially evaluated the effectiveness of traditional bases for pay
at the company you researched.
Satisfactorily evaluated the effectiveness of traditional bases
for pay at the company you researched.
Thoroughly evaluated the effectiveness of traditional bases for
pay at the company you researched.
5. 3references
Weight: 5%
No references provided
Does not meet the required number of references; all references
poor quality choices.
Does not meet the required number of references; some
references poor quality choices.
Meets number of required references; all references high quality
choices.
Exceeds number of required references; all references high
quality choices.
6. Clarity,writing mechanics, and formatting requirements
Weight: 10%
More than 8 errors present
7-8 errors present
5-6 errors present
3-4 errors present
0-2 errors present
Assignment 2: Compensation Plan Outline
Due Week 8 and worth 300 points
Using the same company you researched in Assignment 1,
evaluate the company’s compensation plan to determine how it
could be improved.
Write a six to eight (6-8) page paper in which you:
1. Evaluate the existing compensation plan to determine if it is
the most appropriate for your company. Explain your rationale.
2. Determine the most beneficial ratio of internally consistent
and market consistent compensations systems for the company
you selected.
3. Evaluate the current pay structure used by your company and
assess the recognition of employee contributions.
4. Make two (2) recommendations for improving the
effectiveness of the discretionary benefits provided by the
company you selected.
5. Evaluate the types of employer-sponsored retirement plans
and health insurance programs provided by the company you
selected and compare them to that company’s major
competitors.
6. Use at least three (3) quality references. Note: Wikipedia and
other Websites do not qualify as academic resources.
Your assignment mustfollow these formatting requirements:
· Be typed, doublespaced, using Times New Roman font (size
12), with one-inch margins on all sides; 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 includedin
the required page length.
The specific course learning outcomes associated with this
assignment are:
· Evaluate the effectiveness of traditional bases for pay
(seniority and merit) against incentive-based and person-
focused compensation approaches.
· Compare and contrast internally consistent and market-
competitive compensation systems.
· Evaluate the role of benefits in strategic compensation.
· Use technology and information resources to research issues in
compensation management.
· Write clearly and concisely about compensation management
using proper writing mechanics.
Grading for this assignment will be based on answer quality,
logic/organization of the paper, and language and writing skills,
using the following rubric.
Points: 300
Assignment 2: Compensation Plan Outline
Criteria
Unacceptable
Below 60% F
Meets Minimum Expectations
60-69% D
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Evaluate the existing compensation plan to determine if it is
the most appropriate for your company. Explain your rationale.
Weight: 15%
Did not submit or incompletelyevaluated the existing
compensation plan to determine if it is the most appropriate for
your company. Did not submit or incompletely explained your
rationale.
Insufficiently evaluated the existing compensation plan to
determine if it is the most appropriate for your company.
Insufficiently explained your rationale.
Partially evaluated the existing compensation plan to determine
if it is the most appropriate for your company. Partially
explained your rationale.
Satisfactorily evaluated the existing compensation plan to
determine if it is the most appropriate for your company.
Satisfactorily explained your rationale.
Thoroughly evaluated the existing compensation plan to
determine if it is the most appropriate for your company.
Thoroughly explained your rationale.
2. Determine the most beneficial ratio of internally consistent
and market consistent compensations systems for the company
you selected.
Weight: 15%
Did not submit or incompletelydetermined the most beneficial
ratio of internally consistent and market consistent
compensations systems for the company you selected.
Insufficiently determined the most beneficial ratio of internally
consistent and market consistent compensations systems for the
company you selected.
Partially determined the most beneficial ratio of internally
consistent and market consistent compensations systems for the
company you selected.
Satisfactorily determined the most beneficial ratio of internally
consistent and market consistent compensations systems for the
company you selected.
Thoroughly determined the most beneficial ratio of internally
consistent and market consistent compensations systems for the
company you selected.
3. Evaluate the current pay structure used by your company and
assess the recognition of employee contributions.
Weight: 20%
Did not submit or incompletelyevaluated the current pay
structure used by your company and did not submit or
incompletely assessed the recognition of employee
contributions.
Insufficiently evaluated the current pay structure used by your
company and insufficiently assessed the recognition of
employee contributions.
Partially evaluated the current pay structure used by your
company and partially assessed the recognition of employee
contributions.
Satisfactorily evaluated the current pay structure used by your
company and satisfactorily assessed the recognition of
employee contributions.
Thoroughly evaluated the current pay structure used by your
company and thoroughly assessed the recognition of employee
contributions.
4. Make two (2) recommendations for improving the
effectiveness of the discretionary benefits provided by the
company you selected.
Weight: 20%
Did not submit or incompletely made two (2) recommendations
for improving the effectiveness of the discretionary benefits
provided by the company you selected.
Insufficiently made two (2) recommendations for improving the
effectiveness of the discretionary benefits provided by the
company you selected.
Partially made two (2) recommendations for improving the
effectiveness of the discretionary benefits provided by the
company you selected.
Satisfactorily made two (2) recommendations for improving the
effectiveness of the discretionary benefits provided by the
company you selected.
Thoroughly made two (2) recommendations for improving the
effectiveness of the discretionary benefits provided by the
company you selected.
5. Evaluate the types of employer-sponsored retirement plans
and health insurance programs provided by the company you
selected and compare them to that company’s major
competitors.
Weight: 15%
Did not submit or incompletelyevaluated the types of employer-
sponsored retirement plans and health insurance programs
provided by the company you selected. Did not submit or
incompletely compared them to that company’s major
competitors.
Insufficiently evaluated the types of employer-sponsored
retirement plans and health insurance programs provided by the
company you selectedand insufficiently compared them to that
company’s major competitors.
Partially evaluated the types of employer-sponsored retirement
plans and health insurance programs provided by the company
you selectedand partially compared them to that company’s
major competitors.
Satisfactorily evaluated the types of employer-sponsored
retirement plans and health insurance programs provided by the
company you selected and satisfactorily compared them to that
company’s major competitors.
Thoroughly evaluated the types of employer-sponsored
retirement plans and health insurance programs provided by the
company you selected and thoroughly compared them to that
company’s major competitors.
6. 3 references
Weight: 5%
No references provided
Does not meet the required number of references; all references
poor quality choices.
Does not meet the required number of references; some
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 8 errors present
7-8 errors present
5-6 errors present
3-4 errors present
0-2 errors present
BUS 409 – Assignments and Rubrics
Weekly Course Schedule
The purpose of the course schedule is to give you, at a glance,
the required preparation, activities, and evaluation components
of your course. For more information about your course,
whether on-ground or online, access your online course shell.
The expectations for a 4.5 credit hour course are for students to
spend 13.5 hours in weekly work. This time estimate includes
preparation, activities, and evaluation regardless of the delivery
mode.
Instructional Materials
In order to be fully prepared, obtain a copy of the required
textbooks and other instructionalmaterials prior to the first day
of class. When available, Strayer University provides a link to
the first three (3) chapters of your textbook(s) in eBook format.
Check your online course shell for availability.
Review the online course shell or check with your professor to
determine whether Internet-based assignments and activities are
used in this course.
Strayer students are encouraged to purchase their course
materials through our designated Strayer Bookstore.
http://www.strayerbookstore.com If a lab is required for the
course, the Strayer Bookstore is the only vendor that sells the
correct registration code so that Strayer students may access
labs successfully.
Discussions
To earn full credit in an online threaded discussion, students
must have one original post and a minimum of one other post
per discussion thread.
Please note: Material in the online class will be made available
on the previous Thursday. As it is always possible that students
could lose their work due to unforeseen circumstances, it is a
best practice to routinely save a working draft in a separate file
before posting in the course discussion area.
Professors hold discussions during class time for on-ground
students. Check with your professor if any additional discussion
participation is required in the online course shell outside of
class hours.
Tests
Tests (quizzes, midterm and final exams, essay exams, lab tests,
etc.) are available for student access and completion through the
online course shell. Check the online course shell to determine
how you are expected to take the tests.
· Online students are to complete the test by Monday 9:00 a.m.
Details regarding due dates are posted in the Blackboard
Calendar tool.
· On-ground students are to complete the tests after the material
is covered and before the next class session.
Assignments
A standardized performance grading rubric is a tool your
professor will use to evaluate your written assignments. Review
the rubric before submitting assignments that have grading
rubrics associated with them to ensure you have met the
performance criteria stated on the rubric.
Grades are based on individual effort. There is no group
grading; however, working in groups in the online or on-ground
classroom isacceptable.
Assignments for online students are always submitted through
the online course shell. On-ground professors will inform
students on how to submit assignments, whether in paper format
or through the online course shell.
Resources
The Resource Center navigation button in the online course
shell contains helpful links. Strayer University Library
Resources are available here as well as other important
information. You should review this area to find resources and
answers to common questions.
Technical support is available for the following:
· For technical questions, please contact Strayer Online
Technical Support by logging in to your iCampus account at
https://icampus.strayer.edu/login and submitting a case under
“Student Center,” then “Submit Help Ticket.” If you are unable
to log in to your iCampus account, please contact Technical
Support via phone at (877) 642-2999.
· For concerns with your class, please access the
Solution
Center by logging in to your iCampus account at
https://icampus.strayer.edu/login and submitting a case under
“Student Center,” then “Submit Help Ticket.” If you are unable
to log in to your iCampus account, please contact the IT Help
Desk at (866) 610-8123 or at mailto:[email protected].
TurnItIn.com is an optional online tool to assess the originality
of student written work. Check with your professor for access
and use instructions.
The Strayer Policies link on the navigation bar in the online
course shell contains academic policies. It is important that
students be aware of these policies.
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  • 1. BUS 409 – Student Notes (Prerequisite: BUS 310) COURSE DESCRIPTION Introduces and analyzes the basic concepts of compensation administration in organizations. Provides an intensive study of the wage system, methods of job evaluation, wage and salary structures, and the legal constraints on compensation programs. INSTRUCTIONAL MATERIALS Required Resources Martocchio, J. J. (2013). Strategic compensation:A human resource management approach (7th ed.). Upper Saddle River, NJ: Prentice Hall / Pearson. Supplemental Resources Andersen, S. (2012). The keys to effective strategic account planning. Velocity, 14(1), 23-26. Burkhauser, R. V., Schmeiser, M. D., & Weathers II, R. R. (2012). The importance of anti-discrimination and workers’ compensation laws on the provision of workplace accommodations following the onset of a disability. Industrial & Labor Relations Review, 65(1), 161-180. Employee compensation: 12 trends for 2012. (2012). HR Specialist, 10(2), 1-2. Survey of the Month: Companies Focus On Updating Compensation in 2012. (2011). Report on Salary Surveys, 18(12), 1-5. The Society of Human Resources Management (2012). General format. Retrieved fromhttp://www.shrm.org
  • 2. WorldatWork. (n.d.). General format. Retrieved fromhttp://www.worldatwork.org COURSE LEARNING OUTCOMES 1. Analyze how compensation practice can be applied to positively impact an organization and its stakeholders. 2. Examine the ways in which laws, labor unions, and market factors impact companies’ compensation practices. 3. Evaluate the effectiveness of traditional bases for pay (seniority and merit) against incentive-based and person- focused compensation approaches. 4. Compare and contrast internally consistent and market- competitive compensation systems. 5. Analyze the fundamental principles of pay structure design. 6. Evaluate the role of benefits in strategic compensation. 7. Suggest viable options to current practices regarding executive compensation. 8. Make recommendations for leveraging flexible and contingent workers for any given organization. 9. Determine the best possible approach for the compensation of expatriates. 10. Analyze differences between compensation, benefits, and legal and regulatory influences in the United States and the rest of the world. 11. Use technology and information resources to research issues in compensation management. 12. Write clearly and concisely about compensation management using proper writing mechanics. WEEKLY COURSE SCHEDULE The standard requirement for a 4.5 credit hour course is for students to spend 13.5 hours in weekly work. This includes preparation, activities, and evaluation regardless of delivery mode. Week Preparation, Activities, and Evaluation Points 1
  • 3. Preparation · Reading(s) · Chapter 1: Strategic Compensation · Chapter 1, Case: Competitive Strategy at Sportsman Shoes Activities · Introduction Discussion · Discussions Evaluation · None 20 20 2 Preparation · Reading(s) · Chapter 2: Contextual Influences on Compensation Practice · e-Activity · Use the Internet or the Strayer Library to research laws within your state that would directly affect compensation practices. Be prepared to discuss. Activities · Discussions Evaluation · Quiz 1: Chapter 1
  • 4. 20 45 3 Preparation · Reading(s) · Chapter 3: Traditional Bases for Pay · e-Activity · Use the Internet or the Strayer Library to research a publicly traded company or organization headquartered in your state with a focus on its approach to base pay system (i.e., seniority versus merit pay systems). Be prepared to discuss. Activities · Discussions Evaluation · Quiz 2: Chapter 2 20 45 4 Preparation · Reading(s) · Chapter 4: Incentive Pay · Chapter 5: Person-Focused Pay · e-Activity
  • 5. · Use the Internet or the Strayer Library to research a company or organization for which you would like to work focusing on its current base of employee pay. Be prepared to discuss. Activities · Discussions Evaluation · Quiz 3: Chapter 3 · Assignment 1: Compensation Practice 20 45 250 5 Preparation · Reading(s) · Chapter 6: Building Internally-Consistent Compensation Systems · Chapter 6, Case: Internal Consistency at Customers First · Chapter 7: Building Market-Competitive Compensation Systems · e-Activity · Use the Internet or the Strayer Library to find a position with a company or organization with which you would consider working. Be prepared to discuss. Activities · Discussions Evaluation · Quiz 4: Chapters 4 and 5
  • 6. 20 90 6 Preparation · Reading(s) · Chapter 8: Building Pay Structures that Recognize Employee Contributions · e-Activity · Use the Internet or the Strayer Library to research person- focused pay programs with a focus on how they could be incorporated into your current (or future)place of employment. Be prepared to discuss. Activities · Discussions Evaluation · Quiz 5: Chapters 6 and 7
  • 7. 20 90 7 Preparation · Reading(s) · Chapter 9: Discretionary Benefits · Chapter 10: Employer-Sponsored Retirement Plans and Health Insurance Programs · Chapter 10 Case Study: A Health Savings Account at Frontline PR · e-Activity · Use the Internet or the Strayer Library to research the discretionary benefits offered by the company for which you would like to work, or for which you currently work. Be prepared to discuss. Activities · Discussions Evaluation · Quiz 6: Chapter 8 20
  • 8. 45 8 Preparation · Reading(s) · Chapter 11: Legally Required Benefits · Chapter 11, Case Study: Benefits for Part-Time Workers Activities · Discussions Evaluation · Quiz 7: Chapters 9 and 10 · Assignment 2: Compensation Plan Outline 20 90 300 9 Preparation · Reading(s) · Chapter 12: Compensating Executives · Chapter 13: Compensating the Flexible Workforce · e-Activities · Use the Internet or the Strayer Library to research the debate concerning seeming excessive executive compensation. Be prepared to discuss. · Use the Internet or Strayer Library to research compensation practices for contingent workers at a company for which you would like to work. Be prepared to discuss. Activities · Discussions Evaluation
  • 9. · Quiz 8: Chapter 11 20 45 10 Preparation · Reading(s) · Chapter 14: Compensating Expatriates · Chapter 15: Pay and Benefits Outside the United States · e-Activity · Use the Internet or the Strayer Library to research a foreign country of your choice (excluding Canada), with a focus on that country’s cultural characteristics. Be prepared to discuss. Activities · Discussions Evaluation · Quiz 9: Chapters 12 and 13
  • 10. 20 90 11 Preparation · Reading(s): None Activities · Discussions Evaluation · Quiz 10: Chapters 14 and 15 20 90 GRADING SCALE – UNDERGRADUATE Assignment Total Points % of Grade Quizzes (open book with a 1-hour time limit per chapter) (15 chapters, 15 questions each, worth 3 points apiece) 675 46% Assignment 1: Compensation Practice 250 17% Assignment 2: Compensation Plan Outline 300 20% Participation (22 discussions worth 10 points apiece; Introduction Discussion worth 20 points)
  • 11. 240 17% Total 1,465 100% Points Percentage Grade 1,318 – 1,465 90% – 100% A 1,172 – 1,317 80% – 89% B 1,025 – 1,171 70% – 79% C 879 – 1,024 60% – 69% D Below 879 Below 60% F BUS 409 – Compensation Management
  • 12. ©2015 Strayer University. All Rights Reserved. This document contains Strayer University Confidential and Proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University. BUS 409STUDENT GUIDE 1156 (5-14-2015)Page 6 of 13 Assignment 1: Compensation Practice Due Week 4 and worth 250 points Use the Internet orthe Strayer Library to research a publicly traded company for which you would like to work. Write a six to eight (6-8) page paper in which you: 1. Briefly describe the company you researched, itscompensation strategy, best practices they are applying,and compensation-related challenges they are facing. 2. Analyze how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders. 3. Examine the ways in which laws, labor unions, and market factors impact the company’s compensation practices. Provide specific examples to support your response. 4. Evaluate the effectiveness of traditional bases for pay at the company you researched. 5. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources. Your assignment mustfollow these formatting requirements: · Be typed, doublespaced, 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
  • 13. 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: · Analyze how compensation practice can be applied to positively impact an organization and its stakeholders. · Examine the ways in which laws, labor unions, and market factors impact companies’ compensation practices. · Evaluate the effectiveness of traditional bases for pay (seniority and merit) against incentive-based and person- focused compensation approaches. · Use technology and information resources to research issues in compensation management. · Write clearly and concisely about compensation management using proper writing mechanics. Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric. Points: 250 Assignment 1: Compensation Practice Criteria Unacceptable Below 60% F Meets Minimum Expectations 60-69% D Fair 70-79% C Proficient 80-89% B Exemplary 90-100% A 1. Briefly describe the company you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing.
  • 14. Weight: 10% Did not submit or incompletely described the company you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing. Insufficiently described the company you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing. Partially described the company you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing. Satisfactorily described the company you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing. Thoroughly described the company you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing. 2. Analyze how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders. Weight: 25% Did not submit or incompletelyanalyzed how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders. Insufficiently analyzed how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders. Partially analyzed how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders. Satisfactorily analyzed how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders. Thoroughly analyzed how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders. 3. Examine the ways in which laws, labor unions, and market
  • 15. factors impact the company’s compensation practices. Provide specific examples to support your response. Weight: 25% Did not submit or incompletelyexamined the ways in which laws, labor unions, and market factors impact the company’s compensation practices. Did not submit or incompletely provided specific examples to support your response. Insufficiently examined the ways in which laws, labor unions, and market factors impact the company’s compensation practices. Insufficiently provided specific examples to support your response. Partially examined the ways in which laws, labor unions, and market factors impact the company’s compensation practices. Partially provided specific examples to support your response. Satisfactorily examined the ways in which laws, labor unions, and market factors impact the company’s compensation practices. Satisfactorily provided specific examples to support your response. Thoroughly examined the ways in which laws, labor unions, and market factors impact the company’s compensation practices. Thoroughly provided specific examples to support your response. 4. Evaluate the effectiveness of traditional bases for pay at the company you researched. Weight: 25% Did not submit or incompletelyevaluated the effectiveness of traditional bases for pay at the company you researched. Insufficiently evaluated the effectiveness of traditional bases for pay at the company you researched. Partially evaluated the effectiveness of traditional bases for pay at the company you researched. Satisfactorily evaluated the effectiveness of traditional bases for pay at the company you researched. Thoroughly evaluated the effectiveness of traditional bases for pay at the company you researched. 5. 3references
  • 16. Weight: 5% No references provided Does not meet the required number of references; all references poor quality choices. Does not meet the required number of references; some references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices. 6. Clarity,writing mechanics, and formatting requirements Weight: 10% More than 8 errors present 7-8 errors present 5-6 errors present 3-4 errors present 0-2 errors present Assignment 2: Compensation Plan Outline Due Week 8 and worth 300 points Using the same company you researched in Assignment 1, evaluate the company’s compensation plan to determine how it could be improved. Write a six to eight (6-8) page paper in which you: 1. Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale. 2. Determine the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. 3. Evaluate the current pay structure used by your company and assess the recognition of employee contributions. 4. Make two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. 5. Evaluate the types of employer-sponsored retirement plans
  • 17. and health insurance programs provided by the company you selected and compare them to that company’s major competitors. 6. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources. Your assignment mustfollow these formatting requirements: · Be typed, doublespaced, using Times New Roman font (size 12), with one-inch margins on all sides; 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 includedin the required page length. The specific course learning outcomes associated with this assignment are: · Evaluate the effectiveness of traditional bases for pay (seniority and merit) against incentive-based and person- focused compensation approaches. · Compare and contrast internally consistent and market- competitive compensation systems. · Evaluate the role of benefits in strategic compensation. · Use technology and information resources to research issues in compensation management. · Write clearly and concisely about compensation management using proper writing mechanics. Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric. Points: 300 Assignment 2: Compensation Plan Outline Criteria Unacceptable
  • 18. Below 60% F Meets Minimum Expectations 60-69% D Fair 70-79% C Proficient 80-89% B Exemplary 90-100% A 1. Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale. Weight: 15% Did not submit or incompletelyevaluated the existing compensation plan to determine if it is the most appropriate for your company. Did not submit or incompletely explained your rationale. Insufficiently evaluated the existing compensation plan to determine if it is the most appropriate for your company. Insufficiently explained your rationale. Partially evaluated the existing compensation plan to determine if it is the most appropriate for your company. Partially explained your rationale. Satisfactorily evaluated the existing compensation plan to determine if it is the most appropriate for your company. Satisfactorily explained your rationale. Thoroughly evaluated the existing compensation plan to determine if it is the most appropriate for your company. Thoroughly explained your rationale. 2. Determine the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. Weight: 15% Did not submit or incompletelydetermined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. Insufficiently determined the most beneficial ratio of internally
  • 19. consistent and market consistent compensations systems for the company you selected. Partially determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. Satisfactorily determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. Thoroughly determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. 3. Evaluate the current pay structure used by your company and assess the recognition of employee contributions. Weight: 20% Did not submit or incompletelyevaluated the current pay structure used by your company and did not submit or incompletely assessed the recognition of employee contributions. Insufficiently evaluated the current pay structure used by your company and insufficiently assessed the recognition of employee contributions. Partially evaluated the current pay structure used by your company and partially assessed the recognition of employee contributions. Satisfactorily evaluated the current pay structure used by your company and satisfactorily assessed the recognition of employee contributions. Thoroughly evaluated the current pay structure used by your company and thoroughly assessed the recognition of employee contributions. 4. Make two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. Weight: 20% Did not submit or incompletely made two (2) recommendations for improving the effectiveness of the discretionary benefits
  • 20. provided by the company you selected. Insufficiently made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. Partially made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. Satisfactorily made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. Thoroughly made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. 5. Evaluate the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and compare them to that company’s major competitors. Weight: 15% Did not submit or incompletelyevaluated the types of employer- sponsored retirement plans and health insurance programs provided by the company you selected. Did not submit or incompletely compared them to that company’s major competitors. Insufficiently evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selectedand insufficiently compared them to that company’s major competitors. Partially evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selectedand partially compared them to that company’s major competitors. Satisfactorily evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and satisfactorily compared them to that company’s major competitors. Thoroughly evaluated the types of employer-sponsored
  • 21. retirement plans and health insurance programs provided by the company you selected and thoroughly compared them to that company’s major competitors. 6. 3 references Weight: 5% No references provided Does not meet the required number of references; all references poor quality choices. Does not meet the required number of references; some 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 8 errors present 7-8 errors present 5-6 errors present 3-4 errors present 0-2 errors present BUS 409 – Assignments and Rubrics Weekly Course Schedule The purpose of the course schedule is to give you, at a glance, the required preparation, activities, and evaluation components of your course. For more information about your course, whether on-ground or online, access your online course shell. The expectations for a 4.5 credit hour course are for students to spend 13.5 hours in weekly work. This time estimate includes preparation, activities, and evaluation regardless of the delivery mode. Instructional Materials
  • 22. In order to be fully prepared, obtain a copy of the required textbooks and other instructionalmaterials prior to the first day of class. When available, Strayer University provides a link to the first three (3) chapters of your textbook(s) in eBook format. Check your online course shell for availability. Review the online course shell or check with your professor to determine whether Internet-based assignments and activities are used in this course. Strayer students are encouraged to purchase their course materials through our designated Strayer Bookstore. http://www.strayerbookstore.com If a lab is required for the course, the Strayer Bookstore is the only vendor that sells the correct registration code so that Strayer students may access labs successfully. Discussions To earn full credit in an online threaded discussion, students must have one original post and a minimum of one other post per discussion thread. Please note: Material in the online class will be made available on the previous Thursday. As it is always possible that students could lose their work due to unforeseen circumstances, it is a best practice to routinely save a working draft in a separate file before posting in the course discussion area. Professors hold discussions during class time for on-ground students. Check with your professor if any additional discussion participation is required in the online course shell outside of class hours. Tests Tests (quizzes, midterm and final exams, essay exams, lab tests, etc.) are available for student access and completion through the online course shell. Check the online course shell to determine how you are expected to take the tests. · Online students are to complete the test by Monday 9:00 a.m. Details regarding due dates are posted in the Blackboard Calendar tool.
  • 23. · On-ground students are to complete the tests after the material is covered and before the next class session. Assignments A standardized performance grading rubric is a tool your professor will use to evaluate your written assignments. Review the rubric before submitting assignments that have grading rubrics associated with them to ensure you have met the performance criteria stated on the rubric. Grades are based on individual effort. There is no group grading; however, working in groups in the online or on-ground classroom isacceptable. Assignments for online students are always submitted through the online course shell. On-ground professors will inform students on how to submit assignments, whether in paper format or through the online course shell. Resources The Resource Center navigation button in the online course shell contains helpful links. Strayer University Library Resources are available here as well as other important information. You should review this area to find resources and answers to common questions. Technical support is available for the following: · For technical questions, please contact Strayer Online Technical Support by logging in to your iCampus account at https://icampus.strayer.edu/login and submitting a case under “Student Center,” then “Submit Help Ticket.” If you are unable to log in to your iCampus account, please contact Technical Support via phone at (877) 642-2999. · For concerns with your class, please access the Solution
  • 24. Center by logging in to your iCampus account at https://icampus.strayer.edu/login and submitting a case under “Student Center,” then “Submit Help Ticket.” If you are unable to log in to your iCampus account, please contact the IT Help Desk at (866) 610-8123 or at mailto:[email protected]. TurnItIn.com is an optional online tool to assess the originality of student written work. Check with your professor for access and use instructions. The Strayer Policies link on the navigation bar in the online course shell contains academic policies. It is important that students be aware of these policies.