Hrm 531 Compensation And Benefits Strategy Paper

Compensation and Benefits Strategy Grading GuideHRM/531 Version 12Human Capital Management Individual Assignment: Compensation and Benefits StrategyPurpose of AssignmentThe purpose of this assignment is to give learners experience developing a total rewards program. Students will assess the needs of an organization and discuss current trends. Students will present a total rewards strategy with recommendations for an organization. It is important to students to understand the decision points for compensation and benefits.Resources RequiredDressler 15th edition (Ch. 11); shrm.org; www.hr-survey.com; bls.org; www.bls.gov; human resources department for the organization you chose.Grading GuideContentMetPartially MetNot MetComments:Discuss current trends shaping total rewards for employees in a business industry synonymous with the organization chosen for the assignment.Evaluate current compensation plans for that business industry.Summarize your data in narrative and table format showing diverse levels of responsibility and compensation.Devise a Total Rewards Strategy with recommendations for the organization. Include in