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HRM 531 Week 3 Individual Compensation and Benefits Strategy (3 Papers, New Syllabus)

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Choose your organization or one you know well to use for this assignment. You may use the same organization you used Week 1.

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Develop a 1,000- to 1,300-word compensation and benefits strategy for the organization. Include the following:

PART ONE: Industry Trends

· Provide a brief synopsis of the organization

· Discuss current trends shaping total rewards for employees in a business industry synonymous with your organization.

· Evaluate current compensation plans for that industry.

· Summarize your data in narrative and table format showing diverse levels of responsibility and compensation.

PART TWO: Recommended Strategy

· Devise a total rewards strategy with recommendations for your organization.

· Include in table format a list of the compensation components for your plan.

· Include an analysis of legislation that may impact decisions made about compensation and benefits.

APPENDIX: Survey

· Develop a one-page survey you would use as a resource to collect information from employees about the rewards they desire in a reward package for employees. On your survey, include questions about financial rewards and non-financial rewards. Attach the survey as an Appendix. Do not administer the survey.

No introduction or conclusion are needed in this paper. Just provide the two parts and the appendix. Use section headings to delineate the two parts and the appendix in the paper.

Format your citations and references consistent with APA guidelines.

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