Select an organization that either has or is experiencing challenges with its compensation and benefit system. Provide a brief historical view of the organization. Assess the company’s current challenge, review other organizations that had a similar situation, explore theories and strategies that should be contemplated to address the situation

Select an organization that either has or is experiencing challenges with its compensation and benefit system. Provide a brief historical view of the organization. Assess the company’s current challenge, review other organizations that had a similar situation, explore theories and strategies that should be contemplated to address the situation, and finally, include a recommendation to management regarding how to address/resolve the situation. Importantly, the student should ensure any recommendations are based on solid research and analysis and reflect a comprehensive solution to the problem.

The Final Paper must include a minimum of eight credible sources (in addition to textbook). Research topics must be reviewed in advance with the instructor.

Writing the Compensation and Benefits Paper
This essay must reflect what is considered the current “state of the art” systems, reflecting both academic and professional (practical) orientations. The Final Paper must be 8-10 double-spaced pages (not including the title and reference pages) and be formatted according to APA style guidelines. This paper may be written in first person. This Final Paper should review the available research, discuss the implications of that research for the topic area, and provide conclusions. The paper should be organized into the following areas (use section headings to organize your key points):

Introduction: The area of research should be described and the purpose of the research. That is, describe the topic area in terms of (a) its relationship to the topic and (b) what you want to be able to contribute to the training literature by writing this paper. Your introduction must include a succinct thesis statement.
Review of the literature: Students must provide a brief historical view of the organization and assess the company’s current challenges. This review will include an examination of other organizations with similar situations, including the strategies used to address their issues. Students need to explore theories and strategies that could address the situation. Identify any areas that may have not been addressed in the literature used for review.
Implications: Assess any implications. Organize the implications of the literature in a manner that logically builds the case for your recommendations. For each of your implications be sure to reference the literature related to that implication. Be sure to indicate whether the implication is one that has already been made in the literature or if this is one that is original to you through your own analysis.
Recommendations: Based on the research, students must make recommendations for a comprehensive solution to the problem. This is where you tie all the pieces together. Make sure your recommendations are organized in a logical order that synthesizes your major points relative to the purpose of your paper. Be sure that your recommendations are justified and have credible support. Inspire your audience to think about the practical application of your topic. Remember, this is the last thing you are leaving with your reader so make the context of your message clear, communicate the impact of your topic, and leave a lasting impression.
Conclusion: Be sure your conclusion summarizes your paper and explains how you have addressed the thesis statement.

Evaluate the current compensation philosophy for your organization or an organization of your choosing (from a third-person perspective). Write a three-to-five page paper (not including the title and reference pages). Your paper should be written in a scholarly third-person tone

Evaluate the current compensation philosophy for your organization or an organization of your choosing (from a third-person perspective). Write a three-to-five page paper (not including the title and reference pages). Your paper should be written in a scholarly third-person tone; it should be in APA format. In addition to the introduction and conclusion, your paper should address the following:

Evaluate the organization’s current compensation philosophy and propose ways to enhance or revamp the current compensation philosophy to meet the changing needs of the organization and its employees.
Examine key factors within the internal and external environment including the mission and strategic focus of the organization, as well as the financial and cultural aspects of your organization (i.e., they cannot have a compensation philosophy where they “lead” the market if the organization does not have the financial resources) that should influence this philosophy. The proposed philosophy itself should be no more than a short paragraph.
Identify the key factors that should contribute to the organization’s development based on your proposed organizational philosophy.

Briefly describe a change that was not well planned and/or well executed in your workplace. Using Kotter’s 8 step model, describe one-two actions you would take at each of the 8 stages to increase the likelihood of acceptance and success.

In 1996, John Kotter wrote Leading Change, which looked at what people did to transform their organizations. Kotter introduced an 8-step change model for helping managers deal with transformational change. This is summarized in Kotter’s 8-step change model. Whether you’re considering a small change to one or two processes, or a system wide change to an organization, it’s common to feel uneasy and intimidated by the scale of the challenge. You know that the change needs to happen, but you don’t really know how to go about doing delivering it. Where do you start? Whom do you involve? How do you see it through to the end? There are many theories about how to “do” change.

This assignment will provide an opportunity for students to reflect on a change they have experienced in their workplace. Applying Kotter’s 8-step model, they will make suggestions about how the change could have been more successfully managed.

Assignment instructions:
Briefly describe a change that was not well planned and/or well executed in your workplace. Using Kotter’s 8 step model, describe one-two actions you would take at each of the 8 stages to increase the likelihood of acceptance and success.

Develop a business concept in its entirety. Describe the new product or service. Discuss the qualities that make this product/service new to the marketplace and the rationale for your decision to pursue the concept

This assignment entails development of a comprehensive strategic marketing plan for a new product or service that is ready to “go to market”. A Project Template is provided that allows you to organize your work in increments and see how the sections come together to produce a comprehensive plan.

This assignment requires application of concepts learned to build a strategic marketing plan for a new product or service that is ready to “go to market”. You will not be allowed to mimic plans or ideas from larger or already “in­place” campaigns. You must develop the business concept in its entirety.
Describe the new product or service. Discuss the qualities that make this product/service new to the marketplace and the rationale for your decision to pursue the concept. Be sure to pick a product or service that is ready to market. If you are developing a new product, assume that the development phase is over and you are ready to launch the product into the marketplace.

Create a Mission Statement. State your short-term MARKETING objectives (one year). Assume that the product/service is ready to launch at the beginning of the year (planning and testing have been completed).
Marketing objectives include goals for sales, profits, market share (as examples). Objectives need to be quantifiable.

Identify your target market. Provide a specific demographic profile and rationale for this decision. Another source that may help you: The US Census Bureau’s American Fact Finder. Consider the size of the market and its purchasing power.
Analyze your competition. Who are they? Who are the biggest players? How large is the market? What are the trends/forecasts in the industry? How does your product/service fit in? Business Source Complete in the Library is a good tool for this section; it may be accessed under Find Articles & eBooks.

Provide a brief overview of the product or service.
State the features of your product/service. Show how it’s innovative and different. It may be unique because of the area in which you plan to market it. Discuss legal and ethical implications that could affect the marketing process. This will require research.

Discuss your Core Strategy and make sure to connect it to your Mission & Objectives. Include a discussion on Product/Service Positioning.

The Marketing Mix is the set of decisions about communications and promotion, price, channels of distribution, and customer relationship management. An integrated marketing communications (IMC) approach delivers a clear and consistent message to your consumers and is connected to your Core Strategy.
Discuss the aspects of the IMC. (The elements of the communication mix include: advertising, direct marketing, sales promotion, publicity/public relations and personal selling.) Define each and discuss the pros and cons of the individual elements.

2.  Provide a detailed description of your IMC approach. Explain your rationale for choosing or rejecting the specific elements (include applications to the earlier research section). What changes do you expect to make as the product/service matures?

3.  Describe the message you wish to communicate based on your core strategy. Explain your rationale for the message. Formulate how you will communicate with your target market? Be specific. How will the internet be used in your IMC approach?

4.  Select and explain the most suitable method for measuring advertising effectiveness. Your decision must include research to back up the selected method. Be sure to explain why this is the most effective method to measure the effectiveness of your marketing campaign.

Discuss what pricing objectives you would consider for your product/service. The Objectives should be based on the various theories presented in marketing literature and take in to account competitor pricing. Including background on value proposition, positioning, and target market is necessary. All of these components provide rationale for the chosen pricing scheme.

Provide researched rationale for the nature and substance of your 4 selected, distinct policies. Address the reasoning and/or rationale for the inclusion of the selected policy elements in a policy manual. Support your rationale with 10 scholarly sources used in your annotated bibliography in addition to the textbook and the Bible.

Provide researched rationale for the nature and substance of your 4 selected, distinct policies.

Address the reasoning and/or rationale for the inclusion of the selected policy elements in a policy manual.

Support your rationale with 10 scholarly sources used in your annotated bibliography in addition to the textbook and the Bible. Remember, government websites and previous/current court cases are useful but will not be included in the scholarly reference requirement

* Must correctly address employment legislation pertinent to the stated size of a company (15–25 employees). In elaborating on the rationale, you may want to consider the following questions:

  • Why should these elements be in a policy manual?
  • What laws or principles mandate an organization follow these guidelines?
  • What cases have established precedent for this issue to be addressed clearly in an organization’s employee policy manual?

 

If you were advising a CEO on steps he or she could take to ensure confidence and trust in the compensation and benefit program what would you say? Provide specific examples from course and external resources for your suggestions to the CEO.

What is job evaluation, how does it differ from job analysis and how is it used in establishing an equitable internal job structure?
Express your opinion about the pros and cons of job-based and person-based pay structures.

The effectiveness of any compensation system to attract, retain and align employee behavior and performance with the objectives of the enterprise is dependent upon management credibility. If you were advising a CEO on steps he or she could take to ensure confidence and trust in the compensation and benefit program what would you say? Provide specific examples from course and external resources for your suggestions to the CEO.

This case study is focused on how 2 different companies use total rewards to support the organization’s missions and values and achieve strategic outcomes. Select only 1(AFLAC) of the companies as the basis for your case study response.

This case study is focused on how 2 different companies use total rewards to support the organization’s missions and values and achieve strategic outcomes. Select only 1(AFLAC) of the companies as the basis for your case study response. (This is not meant to be a comparison of the companies, but an exploration of how 2 different companies use their compensation and benefits structures to achieve organizational outcomes).

  • How the company uses its own products or services to enhance the total compensation for its employees;
  • The internal and external strengths and weaknesses identified and how the company responded to these factors from a total rewards perspective;
  • Examples of traditional and non-traditional rewards and how they are used to meet organizational objectives;
  • How the company aligns its benefits with its corporate values; and
  • Recommendations regarding an expansion of the benefits programs offered at the company that would further align HR with the accomplishment of organizational goals and values.

 

Define “public relations” and “marketing,” then explain why these two management functions often are confused.  In your answer, point out the major difference that distinguishes the two functions.

Introduces the concept of contemporary public relations and defines terms often confused with the practice; describes what practitioners do in their various roles; gives their work context by explaining how organizational settings and other factors affect their work; and describes how the practice evolved, identifies those who led the evolution, and traces the origins of current practice.

Define “public relations” and “marketing,” then explain why these two management functions often are confused.  In your answer, point out the major difference that distinguishes the two functions.

Answer guide: Refer to text definitions on pages 7 and 9. Answers should identify confusing use of titles, lack of clear understanding of the differences between the two functions on the part of both managers and practitioners, and public relations practitioners responding to demand for marketing communication—typically taking the form of product publicity (pages 8 and 9).

Because public relations staff often are the ones with experience in attracting media coverage and in media relations, they are called on to assist with the marketing effort. The major distinction between the two functions is the nature of the relationship involved. Marketing focuses on exchange relationships with customers, in which an exchange of things of value are exchanged. In the case of public relations, a multitude of relationships are established and maintained with a wide range of organizational public.

Contrast publicity with advertising. In your answer, address issues related to message control, expense, and relationship to marketing.

Answer guide: Practitioners have no control over what happens to their publicity (p. 11 and 12).

It may be trashed, altered or used as is, but it is relatively inexpensive because they don’t have to pay the media to use the information. Practitioners can control their messages in advertising (p. 12 and 13).

Media will use advertising as submitted because practitioners pay for the time or space. Thus, it is more expensive. Most advertising messages are designed to sell goods and services to customers targeted by marketing, but some—advertorials—are designed to a reach other public with public relations messages. Most publicity messages are designed to reach other than customer public with public relations messages, but product publicity (p. 9) targets customers as part of the marketing strategy.

Job analysis plays an important role in human resources processes. Using the course material as your source, write a report of approximately 250–300 words that defines job analysis, and explains how it is used for compensation, recruitment, selection, and performance management. Compare and contrast a job analysis and a job description

First read Chapter 3 in your textbook, paying particular attention to the sections on job analysis. Using the course material answer the following question:

Job analysis plays an important role in human resources processes. Using the course material as your source, write a report of approximately 250–300 words that defines job analysis, and explains how it is used for compensation, recruitment, selection, and performance management.

Compare and contrast a job analysis and a job description (maximum 100 words)

Part B: Developing a Job Description (30 marks)

Use the sample job descriptions and details on job specifications from Chapter 3 in your textbook as a guide to define the format and structure of a job description.

Watch this video on The Life of a Gas Station Attendant from KEZI 9, which considers an often-overlooked perspective.

Develop a job description for the gas station attendant. Note the job specifications, or qualifications as they are commonly called, make up part of the job description. Using the job analysis gathered in Part A, include a job summary and listing of skills and abilities required, as well as the specifications or technical requirements needed to do the work. Be sure to assess the competencies or qualities that are required. This may include any both physical abilities and soft skills that are required to do the job.

Part C: Labour Market Assessment (40 marks)

Write a two-page report, approximately 500 words, conducting a labour market assessment for the position you described in Part B. This analysis must use the best practices method from the course material. Make sure you follow the process outlined in your textbook. This includes:

  1. Assessing the demand for labour, including a review of the economic conditions, legal issues, social concerns, technological issues, or demographic trends
  2. Assessing the supply for labour, including the availability of others to do the work, replacement strategies, or workforce factors
  3. Determine whether there is an equilibrium, surplus, or deficit and explain why you believe this to be the case
  4. Based on your assessment, make a recommendation to the owner of the gas station about how the employer should address their labour composition.

Is there a profile for a manager who may struggle with the evaluation process? What are the key elements of a successful employee evaluation process? How should a manager prepare for the event?

Why Do Some Managers Hate the Performance Evaluation? Some managers would rather get a root canal than go through the performance evaluation process with their direct reports. Why? What does research tell you? As you respond to the two questions listed above, address the following:
• What traits does an effective manager display in the workplace?
• Is there a profile for a manager who may struggle with the evaluation process?
• What are the key elements of a successful employee evaluation process? How should a manager prepare for the event?
• Develop an evaluation form for your direct reports and show how the evaluation criterion correlates to the organization’s objectives.