Comprehensive Reward Plan PowerPoint Presentation
Structure your 10–12 slide presentation by the sections below:OVERALL STRATEGY AND GOALS•Evaluate compensation and benefits components in your plan.oArticulate the overall strategy.oIdentify legally required benefits in your plan.oIdentify discretionary benefits.oArgue whether this is a good return on investment.TACTICAL STEPS•Outline specific tactical steps. PAY STRUCTURES•Create a visual representation of strategic pay structures. This could be a table, chart, or diagram.•Create a visual representation of a strategic benefits structure and propose a timeline for implementation. •Justify the alignment of external and internal pay structures.oA strategic pay structure.oA strategic benefits structure.CONCLUSION•Evaluate the effect of rewards plans on workforce behavior of employees and executives.•Cite evidence that the plan is internally consistent and externally competitive.Note: Your faculty may also use the Writing Feedback Tool to provide feedback on your writing. In the tool, click the linked resources for helpful writing information.ePortfolioYou should consider adding this assessment to your personal ePortfolio. This assessment demonstrates your ability to share a design for a pay structure. This skill is necessary in a professional setting when you are trying to make strategic compensation recommendations. You will want to organize your assessments to easily support future reflection and completion of your HRM capstone project as well as for showcasing your knowledge with employers after graduation. For more information on ePortfolio, visit the Campus ePortfolio page.Additional Requirements
The deliverable for this assessment applies professional skills in HRM to workplace situations that you will likely encounter in your day-to-day work in HRM. As part of your learning, focus on the development of effective professional communication skills for the workplace.•Length: Your PowerPoint presentation should be 10–12 slides.•Organization: Make sure that your assignment writing is well organized, using headings and subheadings to organize content for the reader.•Font and font size: Ariel, 28 point.•Resources: Use two scholarly, peer-reviewed or academic sources.•Evidence: Support your assertions with data and/or in-text citations and create a reference list as the final slide.•APA formatting: Resources and in-text citations are formatted according to currentAPA Style and Format. •Written communication: oAddress the appropriate audience, using familiar, discipline-specific language and terminology.oUse spell-check and other tools to ensure correct spelling and grammar.Competencies MeasuredBy successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:•Competency 1: Assess the impact of compensation systems on individual and organizational performance.oEvaluate the impact of reward plans on workforce behavior of employees and executives. •Competency 2: Apply compensation theories to formulate a total rewards strategy.oAssess the alignment of external and internal pay structures.oFormulate the overall strategy and goals of a total rewards strategy for a scenario.•Competency 3: Analyze the influence of job classification systems on compensation programs.oApply specific tactical steps recommended for the plan and propose a timeline.oCite evidence the plan is internally consistent and externally competitive.•Competency 4: Communicate clearly, accurately, and professionally in the Human Resource Management field.oAddress the appropriate audience, using familiar, discipline-specific language and terminology.