Aug 04, 2017

Planning Document Revamping the compensation and benefits package for employees

This paper concentrates on the primary theme of Planning Document Revamping the compensation and benefits package for employees in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

Planning Document Revamping the compensation and benefits package for employees

Assignment 1: Planning Document Due Week 6 and worth 280 points You have recently been appointed head of human resources and are now in charge of managing a small team. Your next project is to revamp the compensation and benefits package employees are receiving at your company. Design a plan for the human resource project without the use of MS Project or similar software. Note: You will have to make assumptions or create fictitious data for this assignment. Be clear about these assumptions and data for your professor to follow along. Write a 6-8 page paper in which you: 1.Construct a project charter to revamp the compensation and benefits package. 2.Design a communication plan for the project. 3.Define the scope of the project. 4.Create a work breakdown structure including numbered components. Submit your WBS by creating a table inside your assignment. 5.Use at least four (4) resources in this assignment. Your assignment must: •Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions. •Include a cover page containing the title of the assignment, the student`s name, the professor`s name, the course title, and the date. The cover page and the reference page are not included in the required page length. The specific course learning outcomes associated with this assignment are: •Determine the characteristics of a successful project plan. •Deconstruct the project planning process and how that affects human resource management. •Identify the scope of projects and the structure of the accompanying work. •Use technology and information resources to research issues in managing human resource projects. •Write clearly and concisely about managing human resource projects using proper writing mechanics.
Revamping the compensation and benefits package for employees Name: Course title: Instructor: Institution: Date Due: As a human resource manager, I will initiate programs aimed at performance evaluations for all the workers at the company. This is an attempt of measuring the efficiency of the workers in terms of their job performances and be able to communicate these appraisals to them. This evaluation process is deemed to make these employees become motivated in terms of productivity, efficiently and correct inappropriate behaviors. I hope that the tool of performance appraisals will be very helpful in making management decisions with regard to demotions, discharges, promotions and pay rises. Performance appraisals help to determine employees who are productive, and therefore, deserve promotions, pay rises, and or incentives to encourage them in this endeavor. The compensation program for hardworking employees will entail pay rises and other benefits. On the other hand, I will endeavor to initiate programs to offer the workers other benefits alongside their normal earnings. These benefits will include incentives, discounts and health insurance. This scheme will not only be beneficial to the employees but also to this organization. It is well acknowledged that compensation programs if well sustained will make the workforce be loyal to the organization. It will help to retain competent and experienced employees. This practice will also reduce the incidences whereby employees look for jobs elsewhere because of low pay. As a new human resource manager, the best performing employees are rewarded in order to go on with the momentum of their productivity. I will ensure that workers who meet the targets or exceed the targets set by the company are compensated with rewards such as bonuses, pay increment, and other financial rewards. These endeavors will make the employees feel motivated and be responsible in matters related to the job. This will in turn help the or...

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