Designing a Compensation Package
Using the job description (Human Resource Generalist) and evaluation method that you created for the exercises in Weeks 2 & 3, and the feedback from peers, design a proposal for a competitive compensation package for the position, including the following elements:
- Job description
- Method of Job evaluation
- Intrinsic and extrinsic benefits
- Compensation package and rationale for same
- How performance will be measured
- Why the proposal you have created is appropriate for the market at this time.
- Compensation strategy.
The proposal should be formatted in accordance with APA, 6th edition, and the guidelines of the template provided at the Writing Center (Links to an external site.). It should be between 2000 – 2500 words in length excluding title page and references. Be sure to include at least six scholarly and/or popular sources, one of which must be the course text
Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.
Course text: Weathington, B. L. & Weathington, J. G. (2020). Compensation and benefits: Aligning rewards with strategy, updated edition. Zovio.
Job description: Human Resource Generalist
WEEK 3 Exercise:
Build a plan for evaluating the job description you created in Week 2. Share the plan in this discussion area. Evaluate the plans of at least two peers, citing at least two scholarly sources including the course text.