TUTORIALS

HRM/324 Total Compensation


HRM/324 Week 1 Strategy and Total Compensation Go to the end of Chapter 1 and find the case titled "Case Competitive Strategy at Sportsman Shoes." Read the case and answer the two questions that follow. Prepare your paper in an essay format; do not copy and paste the questions into your paper and do not number your responses. Answer each question in a paragraph. Your paper should be a minimum of 300 words. 1-5. Following Sportsman’s shift in competitive strategy, what are some considerations for the company’s human resource management practices? 1-6. What kind of challenges will Sportsman face specifically in the area of compensation? Format your paper consistent with APA guidelines. Week 1 Discussion Questions (3 Full Answers for each DQ included). Strategic Compensation, Ch. 1 What does it mean for an organization to have strategic compensation? Strategic Compensation, Ch. 10 Do you think the "legally required benefits" outlined in this chapter should be legally required or should they be optional?


HRM/324 Week 2 Individual: Legal Issues in Compensation Includes Option #1 Includes Option #2 Assume the role of a human resources (HR) consultant. Unsure of legal obligations in designing a total compensation plan, a client has asked you to explain how certain laws and regulations affect total compensation in their organization. The client is an organization that employs 200 people in the private sector, meaning this organization is not a government agency (not city, county, etc... agency) • Write a minimum 500-word paper discussing at least 2 laws/regulations that impact compensation. Discuss what practices and policies this organization should use to comply with the 2 laws/regulations you discussed. Format and cite your paper consistent with APA guidelines. Learning Team: Annotated Bibliography – Internal and External Equity Includes Option #1 Includes Option #2 As a team create an annotated bibliography for the topics of "Internal Equity" and "External Equity" in employee compensation. Visit the Center for Writing Excellence, the Tutorials and Guides section and under the heading of "Samples", you'll find a link to Annotated Bibliography. This link provides an example of an annotated bibliography. The annotated bibliography should contain one article for each team member about internal equity, external equity or a combination of both. So if you have 5 team members your annotated bibliography should contain 5 articles. Your team will need to collaborate so that you all chose different articles. Your bibliography should have an APA formatted cover page. There is no word count for this assignment. Strategic Compensation, Ch. 2 What compensation related law/regulation do you think is most challenging for your organization to manage/comply with? Strategic Compensation, Ch. 6 What is job analysis? What is its importance to compensation?


HRM/324 Week 3 Base/Regular Pay vs. Incentive Pay Presentation Includes Presentation #1 with Speaker Notes Includes Presentation #2 with Speaker Notes As a team, create a Microsoft PowerPoint presentation outlining: • How incentive pay differs from an employee's regular/base pay • Reasons why employers would want to use incentive pay • Pros and cons of incentive pay Your presentation should start with a cover slide that contains a title and names of your team members. Then you should have 7-10 slides (not including the cover slide and the slide with your references) that address the above bullet points. Your last slide should contain the sources you used to create the presentation. Use at least 2 sources and format the sources in APA format.


HRM/324 Week 4 Retirement Plan Proposal and Communication Plan Includes Option #1 Includes Option #2 Includes Option #3 Includes Option #4 You are the new Benefits Director at a newly formed organization with 150 employees privately owned business that's not publicly traded. Management has asked you to provide them with a proposal that describes two employer-sponsored retirement plans that could be offered. Prepare a minimum 500 words paper that addresses the following and incorporates at least two sources: • Provide an overview of two employer-sponsored retirement plans (a plan that provides income such as a 401K, not a retiree health insurance plan). The overview of the two plans should include the type of the plan, employee eligibility, how the plan works, etc... You are not making up a plan, but choosing from among plan that are actually offered in the real world, such as a 401K. • Pick one of the plans you proposed above to offer to the employees of the organization and explain why you chose it. • How will you communicate the plan you chose to employees so that employees are aware of the plan and excited about it being offered, i.e. meetings, flyers. Format and cite your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

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HRM/324 - Week 5 Job Description and Total Compensation Create a job description for a "Human Resources Manager" using information from ONET http://www.onetonline.org/ and other sources you may find, i.e. job descriptions presented in recruitment ads, job description from your employer. Use the job description at this site as a template to create your job description. http://mrsc.org/getmedia/95A34F2D-E32A-4BA5-94B5- 86A2C13945BB/d83findir.aspx Meaning your job description should be formatted like the one at the link and include all the sections in the sample job description except the ones noted below. • For the identifying information for the position, simply put "Human Resources Manager" as the title of the position, do not include "union", "department" etc.. • Leave out "Supervision Received" • Leave out "Supervision Exercised" • Leave out the "Peripheral Duties" • Leave out "Desired Qualifications" • Leave out "Selection Guidelines" • Leave out "Special Requirements" After the job description describe a salary range that is appropriate for the "Human Resources Manager" position if it existed in your city based on research conducted at on ONET, (bottom of page gives you salary information), Salary.com,PayScale.com Format: Your job description and salary proposal should start with a cover page and have a reference page at the end which includes all the sources you used to prepare the job description and research the salaries. There is no word count for this assignment. Total Compensation Plan Word Count: 1,407 words! Compensation Plan Key Objectives Evaluation of Current Trends and Issues in Total Compensation Prediction of Future Trends Internal and External Equity to include: Wage Management Process and Rationale, Retirement Plan, and how participation will be driven. Describe the influence of the organization's financial conditions on the total compensation plan. How plan will be communicated to leadership and employees.