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 sports and office betting pools.
Write an 8 to 10 pages paper in which you:
o Determine how innovations in employee benefits can improve the overall competitive compensation strategy of the organization.
o Explain how innovative benefits could be tied to specific jobs.
o Critique the effectiveness of equity-based rewards systems versus those with more creative approaches.
o Discuss the key elements of integrating innovation into a traditional total rewards program.
o 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 following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
The specific course learning outcome associated with this homework is:
o Determine innovative approaches for optimizing employee benefits and rewards systems.