Total Rewards System Proposal
This research-based assignment focuses on the latest available information about creating, organizing, and managing a total rewards program. As the HR leader for your organization or a fictitious profit organization that employs 10,000 employees, your task is to create the organization’s total reward system. You will also brief the CEO on your strategy.
Write an eight to ten (8-10) page paper in which you: Create a brief overview of the company requirements for a total rewards system. Formulate a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments. Explain the advantages of the total rewards strategy you are proposing and how it might satisfy the employees’ needs. Determine the key communication components of the total rewards system. Indicate your strategy for devising a competitive pay structure. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources