Week 3: Learning Team Assignment: Incentive Pay
Step 1
As a team, write an introduction discussing the nature of incentive plans and their benefit to employers and employees. The introduction should be a minimum of 200 words.
Step 2
Individually (each team member), discuss the individual, team/group and/or organizational wide incentives that are offered in your current organization or one that you’re familiar with. In a minimum 200-word synopsis, discuss how the incentive plans are administered and comment on whether believe the incentive plans are effective in motivating employees to go above and beyond to meet organizational goals. Each student’s synopsis should be labeled with their name.
Step 3
As a team, write at least 200 words that indentify common themes among the incentive plans within your chosen organizations as well as suggestions as to how incentive plans can be structured and administered to ensure maximum employee motivation.
Format and cite your paper according to APA standards.
Week 3: Individual Assignment: Mandatory (Legally Required) Benefits
Choose one of the mandatory benefits as described in our readings and prepare a minimum 350-word synopsis of the benefit. Use at least one other source in preparing your paper. Format and cite your paper according to APA standards.
Week 3 DQ 1: Does your employer have a pay for performance philosophy? If so, how is this philosophy executed? If your organization does not have a pay for performance philosophy, what are changes to pay based on?
Week 3 DQ 2: Discuss your views about whether discretionary employee benefits should be an entitlement or something earned based on job performance.
Week 4: Learning Team Assignment: Retirement Plans
As a team write a 700-1,050 word paper in which you compare and constrast defined benefit and defined contribution retirement plans. Format and cite your paper according to APA standards.
Week 4 DQ 1: What is the difference between a defined contribution retirement plan and a defined benefit retirement plan?
Week 4 DQ 2: The communication of employee benefits is key. What should be the objectives of a benefits communication program? What types of communication tools does your organization use to communicate benefits?
Week 5: Individual Assignment: International Compensation
You are a HR Manager that’s been tasked with developing a compensation and benefits package for an expatriate. Prepare a 350-word paper discussing the considerations that need to be made when compensating an employee working abroad. Use this week’s readings and Internet research to aid you in indentifying these considerations. Format and cite your paper according to APA standards