The purpose of this assignment is to create a total rewards plan for a fictitious organization. The organization can mi

The purpose of this assignment is to create a total rewards plan for a fictitious organization. The organization can mimic something that already exists or an ideal organization you create. Develop a total rewards plan for your fictitious organization using and citing the concepts and principles learned from the readings and materials in this course.  Then create a narrated presentation with 18-20 slides using a presentation software of your choice (e.g. PowerPoint or Google Slides) that communicates the total rewards plan that you have created.

 

Use the following guidelines to develop your plan and presentation:

a) Introduction (1-2 slides)

  • Introduce the organization and aim of the presentation

b) Compensation (2-4 slides)

  • state your organizations overall strategy for developing and retaining human capital
  • state how the strategy plays a role in organizational planning
  • create a pay model to support the strategy and support employee retention
  • state how the pay model plays a role in organizational planning,

c) Benefits (2-4 slides)

  • state your organizations pay for performance and employee benefits as part of the compensation mix.
  • state how the group-designed benefits system plays a role in organizational planning.

d) Recognition and rewards systems that are motivational for all employees with the organization (2-4 slides)

  • define your organizations competitive strategy including a job analysis, description of job structures, and performance measures.
  • state how the recognition and reward system connect to motivational theory, and
  • state how the recognition and reward system plays a role in organizational planning.

e) Discussion of the legal and ethical issues impacting the plan (1 slide),

f) Explanation of how the plan will be managed (1-2 slides)

g) Conclusion (1 slide)


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