Create a brief overview of the company requirements for a total rewards system


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Create a brief overview of the company requirements for a total rewards system


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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:

  1. Create  a brief overview of the company requirements for a total rewards  system. NOTE: You have flexibility in creating your overview of the  requirements but the response must be relevant.
  2. Formulate  a total rewards strategy to encompass the fundamentals of compensation  and the regulatory environments. NOTE: This is just your strategy for  compensation (not the entire total rewards package) and the appropriate compliance concerns.
  3. Explain the advantages of the total rewards strategy you are proposing (this timethe entire total rewards package) and how it might satisfy the employees’ needs.
  4. Determine the key communication components (basic framework) of the total rewards system. See pages 57-59 in the textbook.
  5. Indicate your strategy for devising a competitive pay structure. **The textbook has plenty of information on this topic.**
  6. Use  at least five (5) quality academic resources in this assignment. Note:  Wikipedia and other Websites do not quality as academic resources.  Consider  https://research.strayer.edu