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Assignment 3: Total Rewards System Proposal
Assignment 3: Total Rewards System Proposal
This research-based assignment focuses on the latest available information about creating, organizing, and managing a total rewards program. Envision a service-based (insurance, telemarketing, or other) profit organization that employs 20,000 employees in 17 different countries. There are 2,000 management-level individuals who speak a variety of languages. The company employs diverse individuals who are governed by multiple regulatory environments.
Write an eight to ten (8-10) page paper in which you:
- Create a brief overview of the company requirements for a total rewards system.
- Formulate a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments.
- Explain the advantages of the total rewards strategy you are proposing and how it might satisfy the employees’ needs.
- Determine the key communication components of the total rewards system.
- Indicate your strategy for devising a competitive pay structure.
- Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Please add an additional 2 to 3 references!!!!!
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1. Create a brief overview of the company requirements for a total rewards system. Weight: 15% |
Did not submit or incompletely created a brief overview of the company requirements for a total rewards system. |
Partially created a brief overview of the company requirements for a total rewards system. |
Satisfactorily created a brief overview of the company requirements for a total rewards system. |
Thoroughly created a brief overview of the company requirements for a total rewards system. |
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2. Formulate a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments. |
Did not submit or incompletely formulated a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments. |
Partially formulated a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments. |
Satisfactorily formulated a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments. |
Thoroughly formulated a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments. |
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3. Explain the advantages of the total rewards strategy you are proposing and how it might satisfy the employees’ needs. Weight: 15% |
Did not submit or incompletely explained the advantages of the total rewards strategy you are proposing and how it might satisfy the employees’ needs. |
Partially explained the advantages of the total rewards strategy you are proposing and how it might satisfy the employees’ needs. |
Satisfactorily explained the advantages of the total rewards strategy you are proposing and how it might satisfy the employees’ needs. |
Thoroughly explained the advantages of the total rewards strategy you are proposing and how it might satisfy the employees’ needs. |
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4. Determine the key communication components of the total rewards system. Weight: 20% |
Did not submit or incompletely determined the key communication components of the total rewards system. |
Partially determined the key communication components of the total rewards system. |
Satisfactorily determined the key communication components of the total rewards system. |
Thoroughly determined the key communication components of the total rewards system. |
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5. Indicate your strategy for devising a competitive pay structure. Weight: 20% |
Did not submit or incompletely indicated your strategy for devising a competitive pay structure. |
Partially indicated your strategy for devising a competitive pay structure. |
Satisfactorily indicated your strategy for devising a competitive pay structure. |
Thoroughly indicated your strategy for devising a competitive pay structure. |
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6. 5 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. |
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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 |
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