Design a Pay for Performance Incentive Awards Program

Business & Finance
Price: $5 USD

Question description

You are the Vice President of Human Resources and have been given six months to design and implement a Pay-for-Performance Incentive Reward Program for all employees, including senior management. Design and support your program knowing that it must seem fair and equitable to all employees and should provide proper motivation to achieve organizational goals. Also indicate what rewards will be given for what specific performance outcomes. You may assume any other details that you wish, such as type of work performed, level of employees receiving payouts, varying payouts by organizational, unit or individual performance, but they must be defined within the paper. To begin this assignment, it may help to think of a hypothetical company or industry to provide a setting for your target audience. You should include the following in your program: Levels of employees and how they are categorized. Goals/expectations for each level. Specific awards offered for each goal/expectation, whether monetary or other. Incentives for reporting behaviors such as sexual harassment and other threatening issues. Steps HR plans to take to maintain equity and fairness. Manner in which HR will work with employees who feel the program is unfair or otherwise unsuitable for their professional and personal needs. Along with your paper, provide a 1-2 page handout that visually displays your program to entice excitement and interest from all levels of employees. Your handout may be provided in a PowerPoint, Publisher or any other format that gives a detailed visual of your written program. Support your paper with a minimum of three (3) resources, which may include your required text. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included. Length: 5-7 pages plus 1-2 page handout, but not including title and reference pages

Studypool has helped 1,244,100 students
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1825 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors