Project Homework: Strategic Compensation and Human Resources- Salary Structure
The project homework provides a forum for analyzing and evaluating relevant topics for this week on the basis of the course competencies covered.
Project Title: Total Rewards Program to Hire and Retain College Graduates
Scenario:
You have been hired as the compensation and benefits manager for a company that has been in business less than a year, and its main competitor is Google. The company has one hundred employees, but the executive team realizes that new talent is needed in order to have innovative and cutting-edge ideas. You have been asked by the executive team to develop a compensation plan to attract college graduates. Keep in mind that many of these potential employees are from Generation Y. The objective is to build a solid foundation based on the business strategy (past, present, and future). Implement a compensation plan that aligns with the company's mission and search for new talent.
Tasks:
Complete the following tasks:
a. Analyze the compensation structure for Google.
b. Evaluate the differences between Google's pay structure and other organizations.
c. Compose a total compensation and rewards program for the employees.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. 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.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.