Identify five elements of a total rewards package


Assignment task:

Scenario 1:

Maria has been with the organization for approximately eight months and loves her current role as a systems analyst. She is married and has three sons under the age of 18. In her down time, she enjoys coaching one of her son's soccer team, traveling with her family, and becoming better at her job. Maria stopped attending college six classes short of completing her degree in Information Technology (IT) due to complications during her last pregnancy. She has earned several IT credentials and often expresses a desire to complete her degree, but she has already maxed out her student loans. Her youngest son has several medical concerns, and her spouse travels for work, often for four or more consecutive days. Maria is very critical of her performance and often shares that she does not feel confident without a college degree, even though she is one of the highest performers within the IT department.

 Scenario 2:

Todd is considering taking a job within your organization as an environmental engineer. During his final interview, he stated that the pay offered was lower than what he'd hoped for and attempted to negotiate; however, the current budget does not have room for a pay increase for this role. You learned that Todd is recently widowed and has a five-year-old daughter preparing to begin school and a 16-year-old daughter struggling with grief at the loss of her other parent. Todd was late to his final interview because of car problems, and you learned that he lives near several employees who work in the same department he is being considered for. Todd also mentioned that he is new to the area, having recently moved from the West Coast to avoid constant reminders of his late spouse, and most of the family's household items are in storage near their old home.

Scenario 3:

Grace was recently hired by the organization to work as a sales representative. She and her partner, Tina, are hoping to adopt a child this year. Grace has begun to have concerns with back pain due to an injury that occurred a few years ago. Grace is concerned that her back pain and upcoming medical appointments will affect her ability to maintain her job. Her medical provider suggested that she begin a fitness routine, but she shared that she struggles to get started with the routine because she has a long commute and is exhausted once she arrives home. Grace also works part-time as a retail store manager at the local mall to make more money for her family. Grace is interested in a career outside of sales but fears that her current skill set does not afford her an opportunity to make any changes in the near future. She and Tina thoroughly enjoy going to local events in the community and volunteering as often as they can.

Objective:

Answer the following questions in well-developed sentences or short paragraphs.   

Question 1:

Based on what you have learned, identify a minimum of five elements of a Total Rewards package that may help convince Maria to stay with your organization long term. Once you have listed each element, briefly explain why your selections were chosen for Maria.

Question 2:

Based on what you have learned, identify a minimum of five elements of a Total Rewards package that may help convince Todd to accept the position at the offered pay and stay with your organization long term. Once you have listed each element, briefly explain why your selections were chosen for Todd.

Question 3:

Based on what you have learned, identify a minimum of five elements of a Total Rewards package that may help convince Grace to stay with your organization long term. Once you have listed each element, briefly explain why your selections were chosen for Grace.

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HR Management: Identify five elements of a total rewards package
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