Running Head: OPTION 2: COMPREHENSIVE TOTAL REWARDS CONSULTANCY OPTION 1: ORGANIZATIONAL LEADERSHIP SCENARIO Jennifer Cvoric Colorado State University – Global Campus HRM350-1: Compensation and Performance Management Mindy Smith November 7, 2020 1 OPTION 2: COMPREHENSIVE TOTAL REWARDS CONSULTANCY REPORT OPTION 2: COMPREHENSIVE TOTAL REWARDS CONSULTANCY Introduction with a thesis statement Companies are involved in a constantly changing world of competition. It’s not just about making the most money as a business anymore, it’s about having the best employees who are committed and happy. What does it take to keep employees happy? By implementing a total rewards program, it shows employees how their company values them and are invested in their happiness and growth. Education on these reward programs will help businesses create their own and come out on top in this man eat man world. This strategy must combine compensation and benefits to match personal growth and help motivate everyone. Outline 1) Total Rewards Programs a) Google i) Free gourmet food and snack ii) Health insurance iii) Free transportation to and from work iv) 24/7 Tech Support v) Free massage credits vi) Education vii) Maternity Leave viii) Life insurance rates ix) Health programs x) Bonuses b) Costco i) Medical ii) Dental/Vision iii) 401K iv) Purchase plan/money management aid v) Reimbursement plans vi) Disability insurance vii) Life Insurance/Accidental death/Dismemberment Insurance viii) Benefit ...
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