HRM324 Complete

Week-1:  Compensation Laws

Assume the role of a human resources (HR) consultant. Unsure of legal obligations in designing a total compensation plan, a client has asked you to explain how certain laws and regulations affect total compensation in their organization. The client's organization employs 200 people, is a federal contractor, and operates in the biotech industry.

• Write a 350- to 700-word paper providing examples of laws and regulations influencing total compensation.
• Analyze similarities and differences in total compensation between this organization and other organizations in different markets.
• Provide at least two examples that illustrate such similarities and differences.

 

 

Week-2  total compensation plan for an organization focused on internal equity

Resources: Assigned readings, ERRs, the Internet,and other resources

• Write a 700- to 1,050-word paper, in which you identify a total compensation plan for an organization focused on internal equity, and a total compensation plan for an organization focused on external equity.
• Identify advantages and disadvantages of internal and external equity for the organizations.
• Explain how each plan supports that organization's total compensation objective and the relationship of the organization's financial situation to its plan.

 

 

Week-3 Performance-Based Pay and Employee Rewards Presentation

Resources: Assigned readings, ERRs, the Internet, and other resources

Createa 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.

 

 

HRM324 Retirement Plan Proposal and Communication Plan

You are an HR leader in a newly formed organization with 150 employees. Management has asked you to provide them with a proposal that describes two to three retirement plans that could be offered. In the proposal, you must identify specific requirements of the Employee Retirement Income Security Act of 1974 the organization would need to fulfill.

In addition to the proposal, management has asked you to design a communication plan that encourages employee participation for one of the proposed retirement plans.

Resources: Assigned readings, ERRs, the Internet, and other resources

Prepare a proposal and communication plan of 1,400 to 1,750 words. In your communication plan, include components that encourage participation in the retirement plan. Answer the following questions:

• How will you communicate information to employees?
• How often will you communicate information to employees?
• What tools or methods will you use to communicate the plan?
• How will you overcome resistance to participation?
• How will you get employees to enroll?
• How will you communicate the plan to make it attractive?

 

 

HRM324 Influence of the organization's financial condition on the total compensation plan

Total compensation plan for Riordan Manufacturing. Your plan should address the following details: If you need to log in to my class to get the readings for Riordan, than please do so.

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