Design a total compensation and rewards program for employee


Project Homework

Instruction

The project homework provides a forum for analyzing and evaluating relevant topics for this week on the basis of the course competencies covered.

Introduction:

In the previous unit, you researched and gathered data on Google to understand how it compensates the employees. In this unit, you will design a total compensation and rewards program to attract and retain new talent. This would include benefits, pay, incentives, monetary and nonmonetary rewards, and other options to outperform Google.

Tasks:

A. Design a total compensation and rewards program for the employees.

B. Create a compensation pie chart.

C. Implement a plan to manage the new compensation structure, with timelines.

D. Assess the use of compensation benchmarking to maintain the competitive advantage.

E. Propose a method to determine the success of the compensation plan.

Format your homework according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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HR Management: Design a total compensation and rewards program for employee
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