compensation and benefits 5

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Preparation

  • Choose an organization to use for this assessment. It can be where you are currently employed or a company with which you are familiar. It must be an organization that is researchable, as you will need to gather and analyze information in order to complete the assessment. You may use the same organization for the other assessments in this course.
  • If you choose the organization where you are currently employed, please keep in mind that the analyses you make must be based on facts that can be documented rather than your personal opinion as an employee.
  • Research the compensation and benefits of your selected organization. These topics are fluid and ever-changing, and a very good resource of information for these topics is the Capella library. Please search for sources published within the last 1–2 years for your assessment as you describe the compensation and benefits programs your chosen organization offers.

Deliverable

Based on your research into the compensation and benefits of the organization you selected, write a research paper in which you complete the following:

  • Describe the formal pay structure within the organization.
  • Describe any benchmarking activities the organization undertakes, including information on whether the organization offers a competitive compensation structure or incentives.
  • Describe any profit sharing or stock ownership programs that are available.
  • Explain which benefits offered by the organization are legally mandated and which are voluntary.
  • Analyze the cost of the benefits to the organization.
  • Explain how benefits are communicated to employees.
  • Analyze the environmental factors that have influenced the compensation and benefits of the organization.
  • Describe any problems associated with the compensation policies of the organization.
  • Analyze any current issues related to compensation and benefits faced by the organization.

Please note: You must address all the required elements of this assessment. If details for any of the bulleted points are unavailable, research the topic and present recommendations you believe would be best for the organization, along with your supporting rationale.

Additional Requirements

  • Your submitted assessment should include a title page, introduction, body, conclusion, and reference page.
  • Be sure you support your analyses with references to at least two resources.
  • You should format this assessment as a research paper following APA 6th edition guidelines for both style and citing sources, making sure that you also use correct grammar and mechanics.
  • There is no required minimum or maximum page length; however, you should strive to be as detailed as possible in addressing each bullet point, while also being as clear and concise as possible.

Compensation and Benefits Scoring Guide

Criteria Non-performance Basic Proficient Distinguished
Describe types of employee compensation. Does not identify types of employee compensation. Identifies types of employee compensation. Describes types of employee compensation. Analyzes types of employee compensation.
Explain the role of benchmarking activities in developing a competitive compensation structure. Does not identify benchmarking activities. Identifies benchmarking activities. Explains the role of benchmarking activities in developing a competitive compensation structure. Analyzes the role of benchmarking activities in developing a competitive compensation structure.
Analyze the costs of employee benefits to a company. Does not list the costs of employee benefits to a company. Lists the costs of employee benefits to a company. Analyzes the costs of employee benefits to a company. Analyzes the costs of employee benefits to a company. Compares the costs to potential ROI.
Explain how benefits are communicated to employees. Does not identify how benefits are communicated to employees. Identifies how benefits are communicated to employees. Explains how benefits are communicated to employees. Analyzes how benefits are communicated to employees.
Explain the differences between benefits that are legally mandated and those that are voluntary. Does not list the differences between benefits that are legally mandated and those that are voluntary. Lists the differences between benefits that are legally mandated and those that are voluntary. Explains the differences between benefits that are legally mandated and those that are voluntary. Analyzes the differences between benefits that are legally mandated and those that are voluntary.
Describe environmental factors that can influence the compensation and benefits offered by an organization. Does not identify environmental factors that can influence the compensation and benefits offered by an organization. Identifies environmental factors that can influence the compensation and benefits offered by an organization. Describes environmental factors that can influence the compensation and benefits offered by an organization. Analyzes environmental factors that can influence the compensation and benefits offered by an organization.
Analyze issues related to compensation and benefits packages organizations face. Does not identify issues related to compensation and benefits packages organizations face. Identifies issues related to compensation and benefits packages organizations face. Analyzes issues related to compensation and benefits packages organizations face. Analyzes issues related to compensation and benefits packages organizations face and the potential impact on employee compensation and benefits packages.

Suggested Resources

Internet Resources

Access the following resources by clicking the links provided. Please note that URLs change frequently. Permissions for the following links have been either granted or deemed appropriate for educational use at the time of course publication.

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