Homework: New and Improved Rewards at Work
Employers have been coming up with innovative employee rewards to boost morale and acknowledge employee needs for creativity and personal goal accomplishment. Some of the latest potential employee rewards include using the Internet at work for personal reasons such as shopping, communicating with friends, or personal finances; bringing a pet to work; instituting a controlled napping policy, and the sports and office betting pools.
Write an 8 to 10 page paper in which you:
A. Determine how innovations in employee benefits can improve the overall competitive compensation strategy of the organization.
B. Explain how innovative benefits could be tied to specific jobs.
C. Critique the effectiveness of equity-based rewards systems versus those with more creative approaches.
D. Discuss the key elements of integrating innovation into a traditional total rewards program.
E. Recommend a process that optimizes an employee-based suggestion program to continually refresh the total rewards of the organization.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.