Description
New Members of the Compensation Committee
You are Team leader of the compensation committee. You have seasoned HR professionals who have been on the compensation committee for 5 years or more. You also have some new members, not new to HR, but they haven’t served on a compensation committee before. The “newbies” have questions about their tax concern and rules for executive compensation plans and devices. They need to get on the same page with the rest of the seasoned committee members. How do you go about getting these “newbies” developed so that they can remain engaged as compensation committee team participants?
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- Write between 1,250 – 1,750 words (approximately 3 – 5 pages) using Microsoft Word in APA style, see example below.
- Use font size 12 and 1” margins.
- Include cover page and reference page.
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- Use at least three references from outside the course material, one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the three reference requirement.
- Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the paper and list on a reference page in APA style.
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| Grading Criteria Assignments | Maximum Points |
| Meets or exceeds established assignment criteria | 40 |
| Demonstrates an understanding of lesson concepts | 20 |
| Clearly presents well-reasoned ideas and concepts | 30 |
| Uses proper mechanics, punctuation, sentence structure, and spelling | 10 |
| Total | 100 |
Explanation & Answer
Hello! Here is the final answer. If you need anything revised, let me know
Running Head: NEW MEMBERS OF THE COMPENSATION COMMITTEE
New Members of the Compensation Committee
Name
Institutional Affiliation
Date
1
NEW MEMBERS OF THE COMPENSATION COMMITTEE
2
Introduction
Adding new members to an already existing team can be daunting and may affect the
way the team operates. Their performance can be influenced a lot by the new team on aspects
such as their working models, how ideas are processed and the functions of the group. The new
members need to be oriented into the new team so that they can understand what is expected of
them and what tasks they can partake. They can then ask questions on areas they do not
understand or wish to get more information on. It will enable them to catch up with the team and
understand how it functions. The latter is the case with the new compensation team newbies. The
newbies have questions for certain areas they do not understand. Such enquiries are important to
ensure that they understand everything before they get started on their tasks. In this text, I will
discuss ways that the newbies can be developed to remain engaged as seasoned committee
participants.
Explain all the processes
The newbies might not have understood their roles or how the committee functions hence
the confusion. When orienting new team members, it is important to make sure that they are up
to date and understand the processes. To better understand these rules, they also have to
understand the functions of the committee and how it operates. It will ease their orientation and
make sure that they understand their purpose as well as the reason for the committee. It will also
be easier to explain t...
