Change the World research paper

Instructions:

You are required to write an individual essay, using peer-reviewed scholarly sources, turning compensation strategy and management into a proposed compensation system. You must integrate theories and concepts in this essay from this class, as well as from your prior Human Resources classes (e.g. legal framework) and Organizational Behaviour classes (e.g. motivation theories).

The paper will focus on developing a compensation plan for a specific job within an organization (e.g., an assistant professor of management at the University of Guelph; the Chief Human Resource Officer at TD in Toronto). This plan must be thorough (i.e., engaging with all key elements of determining compensation), realistic (i.e., accounting for practical considerations), and justified (i.e., clearly explained and supported by evidence; defensible). It may be beneficial to select a job you want to hold in the future within an organization you want to work. (However, even if you are using an existing position, you must work towards a new, evidence-based compensation system rather than simply describing or replicating the existing system, otherwise you are engaging in a form of academic misconduct).

In writing this paper, you will need to think about how the organization’s strategic objectives are being achieved through its policies and practices. You will be able to engage with some of the practices covered in this course in order to develop a compensation plan (e.g., formulating a job description). However, other practices will not be possible for you to actually conduct (e.g., a job analysis). In those situations you will need to find information that would support your approach, explain how you would go about engaging with this practice, what considerations you would need to make during the step(s), and the likely results that would emerge from this process (which may guide you into another step of the compensation process).

As a more technical-styled essay, your ability to explain your thinking and provide reasoned rationale for your suggestions will be core to success with this paper. It will be up to you to determine which steps would need to be completed and which steps or approaches are not necessary to develop this compensation plan, and communicate your reasoning clearly. Merely naming component parts of what would be used to determine compensation is insufficient.

To do well on this paper, you will need to engage in: knowledge integration and application, strategic and critical thinking, clear communication, evidence-based decision making, and creative design. This final assignment will take significant time to complete sufficiently; therefore, your time management throughout the semester on this assignment will be core to your success.

Academic Writing Standards to Remember

1. Every paper/presentation requires an introduction and a conclusion.
2. APA requires:
   • Page numbers in the upper right hand corner
   • One-inch margins all around
   • Double spacing
   • The first line of each paragraph indented 5 spaces
   • Left-justified text
   • Plain font (Time New Roman, size 12)
3. Every paper requires a title page.
4. Every paper requires an APA (7th edition) formatted reference page that includes all works cited in the body of the paper.
5. While there is no minimum length for this paper, it should not exceed 14 pages of content (excluding title page, reference page, and appendices).
6. For an electronic copy: Naming convention as follows: FirstInitialLastName_StudentID_CourseCode_AssignmentName_Date (e.g. JDoe_0000000_BUS3010_Assignment1_September2017)

You are required to write an individual essay (max. 15 pages double spaced; 12-point font; 1 inch margins; properly referenced). The topic of this essay is: As a manager, what I would do from a compensation perspective to select, retain and motivate my employees . You should integrate theories in this essay from this class, as well as from your prior Human Resource classes (e.g. legal framework) and Organizational Behaviour classes (e.g. motivation theories).

How to possibly attack this essay:

One way to start your final assignment, if you are struggling, is to utilize the 4 structures in the pay model and building upon those areas based on the textbook content. That is a great way to address the steps involved in this assignment by ensuring that you are logically and procedurally working through each element as required to make an evidence-based compensation system.

In terms of recommendations to help you moving forward with this paper, remember that it is more of a technical report. This means that you want to be very focused on communicating your goals, processes, and expected outcomes. I can expand on that a bit to make it clearer with an example.

In making a compensation system you are going to want to determine external competitiveness. You will want to start the section by identifying what your goals are for your compensation plan in terms of external competitiveness. Make sure you don’t just list the goals but give a brief (a few sentences each, with references) explanation about why that goal is important for you in regard to this position.

Then you want to outline your process/plan/strategy for achieving those goals. This process (or processes if you use multiple) is expected to be evidence-based. That means we expect to see references to scholarly sources and other credible material that justifies your actions to your goals. If you need figures, diagrams, tables, or other material to help illustrate these points, you can do this by including them in an appendix. This is the most important part in your paper, because we want to see that you understand what you are using and why you are using it – that means we are expecting to see justifications/rationale/evidence provided for every process you use. It is still a technical paper, so you don’t have to make these each long, but they should be thorough, accurate, and clear.

Finally, for each process, you need to explain what you expect the outcome would be. In some cases, you should provide what the outcome would be (e.g., what a job description would look like for this position- perhaps modified from one you found online, included in the appendix, and properly cited). For many processes you won’t be able to actually do the labour/work (e.g., I don’t expect you to do a job analysis) so you should identify what you would anticipate finding in order to enable you to move to the next step in developing your compensation plan. Once again, don’t just tell us the expected outcome, make sure that it is clearly explained why this is the expected outcome (and if possible, have references and sources to back it up).

After doing this for each part of the compensation development, you should get to a final product which is an evidence-based anticipation for what the compensation plan will generally look like for the role.

Make sure to also include a brief introduction that outlines what your role/organization is and the factors about the organization that will need to be considered in affecting the development of the compensation plan. You will also want a brief conclusion that outlines the strengths and limitations of your plan, and any considerations that should be kept in mind about your plan.

Please note: This is not the only way you can do the final assignment. I anticipate that each student is going to go in a bit of a different direction based on the job and organization they are selecting, the needs of their process, and what they want their end product to look like. If you have a different style/approach than what I have noted above, that is probably okay, as long as you are including the elements expected for the assignment (as highlighted in the assignment outline under Content).