HRM 324 Week 5 Learning Team Total Compensation Plan

Resources: Assigned readings, Virtual Organization: Riordan Manufacturing, ERRs, the Internet, and other resources

Create a 1,200 – to 1,500 -word total compensation plan for Riordan Manufacturing. Your plan should address the following details:

·         How your plan supports key objectives

·         An evaluation of current trends and issues in total compensation and a prediction of future trends

·         Internal and external equity

·         A wage management process and rationale

·         A retirement plan and how participation will be driven

·         The influence of the organization’s financial condition on the total compensation plan

·         How your plan will be communicated to leadership and employees

Create a Microsoft^® PowerPoint^® presentation of 12 to 15 slides that outlines the plan’s key components, and its stated requirements and objectives.

Format your paper consistent with APA guidelines. 

HRM 324 Week 5 Learning Team Managing Compensation

As a team write a minimum 700 word paper in which you discuss the various ways in which an organization can manage employee compensation/benefits costs. Discuss how organizations can manage compensation costs without compromising the goals of an effective compensation system, one of which is to motivate employees.   Format and cite your paper according to APA standards.

HRM 324 Week 5 Job Description and Total Compensation Updated

This Tutorial contains 2 Papers

Create the following positions based upon a job analysis:
1. Mailroom clerk: Entry level for a long-term existing company in San Diego, CA.
2. Manager in the marketing department: Mid-level position in a start-up company, in
Scottsdale, AZ.
Prepare standard job descriptions of 350 words for each of the positions with the following
sections: Job Summary Job Requirements (Minimum Education, Experience and Certifications and/or
training required) Job Functions (Detailed description of the job duties) Make sure each duty begins
with a present action verb Other information (KSA’s, physical requirements, working conditions, reporting
relationships, location, travel requirements and working hours)
Prepare a 350-word paper after the job descriptions are created that includes the following: Explain the pay scale appropriate for the each job (local vs. regional vs. national) and
why the pay scale is appropriate to ensure market competiveness Discuss direct and indirect compensation plans that match that of the company’s
lifecycle for each job
Format your paper consistent with APA guidelines.
Click on the Assignment Files tab to submit your two job descriptions and paper in one
document.

HRM 324 Week 5 Individual International Compensation

You are a HR Manager that’s been tasked with developing a compensation and benefits package for an expatriate.  Prepare a 350-word paper discussing the considerations that need to be made when compensating an employee working abroad. Use this week’s readings and Internet research to aid you in indentifying these considerations.  Format and cite your paper according to APA standards.

HRM 324 Week 4 Retirement Plan Selection Updated

This Tutorial contains 2 Papers

Retirement Plan Selection A new employee joins your company at age 24 making $40,000 per year. Currently, banks are paying 5% interest on saving accounts, and the rate of return on the company stock is
4% per year. During benefits enrollment, the employee stated that she would like to retire at age 60 with 3 million dollars in her retirement account.
Compare the following retirement options for this particular employee in 1,050 to 1,400 words: 403B 401K Pension Annuities IRA Estate planning

Determine which retirement option(s) you would choose if you were this employee.
Assess the factors that this employee should consider when selecting a retirement plan.
Format your paper consistent with APA guidelines.
Click on the Assignment Files tab to submit your paper.

HRM 324 Week 4 Learning Team Retirement Plans

As a team write a 700-1,050 word paper in which you compare and constrast defined benefit and defined contribution retirement plans.  Format and cite your paper according to APA standards.

HRM 324 Week 4 Individual Retirement Plan Communication 

You are an HR leader in a newly formed organization with 150 employees. The organization will offer employees a 401K plan. 

Prepare a communication plan of 1400 – 1750 words. In your communication plan, include components that encourage participation in the retirement plan. Answer the following questions:

o    What will you communicate to employees about the nature of 401K plans?

o    How will you communicate information to employees?

o    How often will you communicate information to employees?

o    What tools or methods will you use to communicate the plan?

o    How will you overcome resistance to participation?   

Format and cite your paper according to APA standards.

HRM 324 Week 4 DQ 2

The communication of employee benefits is key. What should be the objectives of a benefits communication program? What types of communication tools does your organization use to communicate benefits?

HRM 324 Week 4 DQ 1

What is the difference between a defined contribution retirement plan and a defined benefit retirement plan?

HRM 324 Week 3 Learning Team Performance-Based Pay and Employee Rewards Presentation

Create a Microsoft^® PowerPoint^® presentation outlining performance-based total compensation plans for two organizations. The organizations must be in different industries, have different employee groups, and utilize different pay strategies.

Describe the pay strategies being used. Because the organizations have different employee groups, the key objectives for each group should be different. In each organization, how is pay used to drive those objectives?

Compare direct and indirect rewards plans available to two types of employees. What total reward plans are offered? What similarities and differences exist among the plans? How well does each organization’s reward plan support expectations? Which organization has, in your opinion, better aligned pay and rewards with key objectives?

Create 10 to 15 slides for the presentation, including an introduction and a conclusion slide. Include speaker’s notes, and use at least three APA-formatted sources.