Cumulative Paper, total rewards

design a total rewards program that incorporates monetary,

non-monetary, and environmental elements in order to ensure

organizational success

In this final assignment, you will design or revise a total rewards program based on the organization you have used for assignments one and two. Apple inc.

Before creating the proposal for the
changes to the total rewards program in this paper, you will have
conducted research about the organizational goals, objectives, and
challenges of the organization. In addition, you will have obtained
information about the current monetary and non-monetary rewards and work
environment of the organization and the challenges or changes (such as
expansions, downsizing, changes of services or products) the
organization anticipates. These items were presented in your first
presentation. You also designed metrics to evaluate the total rewards
program. These were presented in your second assignment.

In this cumulative paper, you will
provide the research findings in a paper of approximately 10 pages plus a
title page and a reference page. Ten pages is just a suggestion – use
what you need to express your thoughts. Provide at least eight
sources (in APA format) in a reference list with the respective in-text
citations in the paper’s content. At least 5 of these sources must be
from course materials. Please be sure to use topic headings and include the following:

1. Provide a Title Page in Academic Format

2. Give the Introduction and Purpose for the Paper

3. Summarize and describe the
organization, including its capabilities, key goals, objectives,
challenges, values, and core competencies required for success.

4. Demonstrate your knowledge of the total rewards model by describing the
current total rewards philosophy of the organization and its three
categories of offerings (monetary, non-monetary, and the work
experience/environment).

5. Identify and describe the segmentation
of the workforce (drawing up our study of how to differentiate employee
groups depending on their drivers, such as flexible schedules, growth
potential, desire for demonstrating individual expertise or team
success, low obligation and easy income, or high obligation and high
income). Recall that you did this in one of our weekly discussions.

6. Describe further
the current requisite capabilities of the organization (what the
organization does best) and the employee competencies (knowledge,
skills, and abilities) of the employees and, in your opinion, an analysis of whether the current needs will change given the issues faced by the organization.

7. Recommend changes
to the total rewards program, along with specific plans, including
plans for communicating the changes and metrics that should be used by
the organization to evaluate the success of the new program. Changes
MUST be proposed. Stating that nothing needs to be changed is not
acceptable.

8. Present the justification for your recommendations to change the total rewards for the organization.

9. Assess and discuss the risks of not implementing the program and the opportunities the program will give the organization.

10. Provide your
metrics for evaluating the total rewards program and share why you chose
the ones you did. Recall that the metrics must directly evaluate the
total rewards program and should not be indirect or general measurements
such as turnover, customer satisfaction, or employee satisfaction. Be
sure to look back at any feedback given to your second assignment for
the course.

11. Describe your conclusions and a summary of knowledge gained about total rewards through the activity.

13. Reference Page (with

at least eight scholarly sources). At least 5 of those would be from

course materials. Recall that references are to match your in-text

citations and are to be listed in alphabetical order.

At least eight
sources (in APA format) in a reference list with the respective in-text
citations in the paper’s content. At least 5 of these sources must be
from course materials. Please be sure to use topic headings.

Weekly readings 1-5 attached.

Week 6 links:

1. Lee, E. & Yu, K. S. (2013). How are global HR competency
models evolving for the future? Retrieved from Cornell University, ILR
School site: http://digitalcommons.ilr.cornell.edu/student/17

2. Global Total Rewards: Establishing a Framework

http://www.benefitsandcompensationresources.com/global-total-rewards-establishing-a-framework

3.Seven demographic trends shaping the U.S. and the world in 2018

https://pewrsr.ch/2qZtkKu

4. Demographic and economic trends in urban, suburban and rural communities

http://www.pewsocialtrends.org/2018/05/22/demographic-and-economic-trends-in-urban-suburban-and-rural-communities/

Week 7 links:

• Planning and Implementing Total Rewards

• Creating a New Employment Deal: Total Rewards and the New Workforce (available from the UMUC Library)
• • Lawler, I. E. (2011). Creating a new employment deal. Total rewards and the new workforce. Organizational Dynamics, 40 (The Future of Human Resource Management Special Issue), 302-309. doi:10.1016/j.orgdyn.2011.07.007
• Total Rewards – Total Relationships

Tips on Project Schedules & Timelines:

http://www.ehow.com/how_4927759_create-project-plan-time line.html

http://www.youtube.com/watch?v=CZ38xTLRAjo