BUS 343 Week 5 Assignment Help | Final Paper | Ashford University
- ashford university / BUS 343
- 02 Nov 2019
- Price: $30
- Other / Other
BUS 343 Week 5 Assignment Help | Final Paper | Ashford University
Week
5 - Final Paper
Final
Paper
Attracting
and retaining the most talented employees is essential for long-term
organizational success. An important component to attracting and retaining such
employees is the design and implementation of an effective compensation and
benefit system.
Assume
the role of a highly regarded human resource consultant hired to review,
analyze, and revise the compensation and benefit system utilized by your city’s
largest employer, Holland Enterprises. The firm employs 3,500 employees, but
since 2010 has lost 25% of its staff. Exit interviews indicate the primary
reason a majority of these employees have resigned is because of a compensation
and benefit system that is perceived to be unfair and uncompetitive in the
marketplace.
Present to the management a revised compensation and benefit strategy. Your
proposal should include:
- Description of how an
effective compensation and benefit system contributes to organizational
effectiveness.
- Explanation of the principle
components of your revised compensation and benefit system for a
large-scale organization as well as a recommendation for each component.
- Provision of a clear and
convincing argument to the already skeptical top managers of this
organization to increase their compensation and benefit expenses.
At
a minimum, your compensation and benefit system would include the following
components:
- Compensation and benefit
philosophy
- Pay structure architecture
(pay grades, pay ranges, and pay width)
- Ratio of base pay to incentive
(bonus) pay
- Emphases on external equity or
internal equity
- Principle type of benefits to
include (example: deferred compensation match, health insurance, vacation
and sick leave, etc.)
Guidelines
for Writing the Final Paper
- Paper must be 2500-3500 words
in length, exclusive of Title Page, References Page, Appendix, References,
Exhibits, etc .
- Formatted according to APA
style as outlined in the approved APA style guide (including title page
and reference list).
- Must address the topic of the
paper with critical thought.
- Must include an introductory
paragraph with a succinct thesis statement.
- Must conclude with a
restatement of the thesis and a conclusion paragraph.
Must
utilize a minimum of eight scholarly references in addition to the course text.
USA 
India