Assignment: Compensation & Benefits Strategy
Compensation and Benefit Strategy for RTA Transport Company
-Write a comprehensive compensation and Benefits strategy for RTA Transport Company and explain the role you will play as the compensation and Benefits Specialist, in the overall success of 2019 and the overall achievement of the 2022 HR strategy. 4.5 pages
-Explain the compensation and Benefits journey (where we are & where we want to be in 2022) & also detail out priorities for 2019 and 2020) -2 pages
-Use the Employee Goal setting attached to set your Objectives & stretched goals. -2 pages
-Expand the compensation and Benefit Strategy to vision 2022.1 page
-Explain some quick wins in the compensation and benefits strategy. -0.5 page
**I have attached the HR Strategy & 2018-2022 priorities for your use.
QUESTIONS TO ASK YOUR DIRECT MANAGER
- How do you perceive the value-add of this function to the business?
- How well has the function delivered value in the past three years? Where has it succeeded and where has it struggled?
- Where we have struggled to deliver value why do you think that is? Where we have succeeded what are the drivers of our success?
- What are the short-term priorities of the business? Are any of these at risk?
- Where do you see the greatest potential for our function and my sub-function to support those priorities?
- What are the long-term strategic objectives for the business?
- What do you view as being the key organizational drivers of success in achieving those objectives (i.e. what does the organization need to get right in order to succeed)?
- Where do you see the greatest potential for our function and my sub-function to support those priorities?
- How well does my function partner with other functions to deliver business outcomes? Is there a greater need for us to collaborate more effectively with other parts of the business?
- Are there specific issues or needs that you would like me to focus on in my first 90 days?
- Are there process, structure, technology or people issues in the function that you would like me to pay particular attention to?
- What will success look like for me in the first year? What about in the first three years?
- What are the right success metrics for those goals?
- Are there specific internal clients or stakeholders you would recommend I meet with as I consider my goals and objectives?
- Are there external clients or other stakeholders I should meet with as I consider my goals and objectives?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Attachment:- Employee-Goal-Setting-Toolkit.rar