Solved by verified expert:i only need slides 6 & 7 done. please provide foot notes. the link for the company is belowhttps://www.smud.org/en/index.htmattached also is the grading rubric, disregard the portion about the word count, the teacher made us do a powerpoint instead of an essay.
compensation_and_benefits_strategy_week_3_rough.pptx
week_3_graading_rubrics.doc
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COMPENSATION AND
BENEFITS STRATEGY
TEAM A – GEORGE SAMUEL, PAUL BENJAMIN, STEVE SELFRIDGE
HRM/531 – HUMAN CAPITAL MANAGEMENT
TONY DI GAETANO
OCTOBER 23, 2017
Introduction
Current Trend Shaping Total Employee Reward
Evaluate Current Compensation Plan
Responsibility and Compensation
OVERVIEW
Evaluation Market, Job, and Organizational Data
Devise A Total Rewards Strategy With Recommendations
List of Compensation Components – Table
Employee Survey
Legislation
INTRODUCTION
• Sacramento Municipal Utility District (SMUD)
•
Public Agency of the State of California
•
Founded In 1923
•
Providing Power Began in 1946
•
Bulk Of Electricity
•
Battles with PG&E
•
Number of Employees
•
Annual Net Income
CURRENT TREND SHAPING TOTAL EMPLOYEE
REWARD
People Are Living
Longer
People Are
Looking For A
Convincing Value
Proposition
Pay Raise Driven
By Promotions
Compensation –
The Trend Of
Income Growth
Divergence
Pay Is Not Secret
The Disappearing
Performance
Rating
Contract
Employees
EVALUATE CURRENT COMPENSATION PLAN
Job Title: Line Construction Foreman/Woman
Year
Regular Pay
Overtime Pay
Other Pay
Total Pay
Total Benefits
Total Pay & Benefits
2013
$
113,676.35
$
72,295.06
$
7,705.84
$
193,677.25
$
40,143.32
$
233,820.57
2014
$
121,196.80
$
42,424.77
$
6,447.44
$
170,069.01
$
35,426.23
$
205,495.24
2015
$
120,532.93
$
35,184.30
$
5,623.64
$
161,340.87
$
30,230.19
$
191,571.06
2016
$
126,980.00
$
50,818.00
$
6,109.00
$
183,907.00
$
33,762.00
$
217,669.00
2017
$
128,980.32
$
37,433.23
$
6,379.62
$
172,793.17
$
53,300.44
$
226,093.61
*Total Benefits include Health, Dental, Vision, and Employer-Paid Retirement Contribution
Other Benefits
Personal Leave
Sick Leave
Holiday Pay
Retirement Plans
Deferred Compensation
Income Protection Programs
RESPONSIBILITY AND COMPENSATION
EVALUATION MARKET, JOB, AND
ORGANIZATIONAL DATA
TOTAL REWARDS
STRATEGY WITH
RECOMMENDATIONS
• Financial
•
Direct/Indirect
• Non-Financial
•
The Job Position
•
Work Environment
• Equity (Fairness)
•
Workplace Equity
•
External Pay Equity
•
Internal Pay Equity
LIST OF COMPENSATION COMPONENTS – TABLE
EMPLOYEE SURVEY
LEGISLATION
CONCLUSION
• Introduction
• Current Trend Shaping Total Employee Reward
• Evaluate Current Compensation Plan
• Responsibility and Compensation
• Evaluation Market, Job, and Organizational Data
• Devise A Total Rewards Strategy With Recommendations
• List of Compensation Components – Table
• Employee Survey
• Legislation
REFERENCES
• Compensation & Benefits. (2017). Retrieved from http://hrcouncil.ca/hr-toolkit/compensationsystems.cfm
• Miller, S. (2015). Total Rewards Trends for the Next Five Years . Retrieved from
https://www.shrm.org/ResourcesAndTools/hr-topics/compensation/Pages/total-rewards-trends.aspx
• SMUD. (2017). Retrieved from https://www.smud.org/assets/documents/pdf/2016-annual-report.pdf
• SMUD. (2017). Retrieved from https://www.smud.org/en/about-smud/careers/working-atsmud/benefits.htm
• SMUD. (2017). Retrieved from https://www.smud.org/en/about-smud/company-information/
• Transparent California. (2017). Retrieved from
https://transparentcalifornia.com/salaries/search/?a=sacramento-municipal-utilitydistrict&q=Jack+Chapman&y=2016&s=-benefits
REFERENCES
• Compensation & Benefits. (2017). Retrieved from http://hrcouncil.ca/hr-toolkit/compensationsystems.cfm
• Miller, S. (2015). Total Rewards Trends for the Next Five Years . Retrieved from
https://www.shrm.org/ResourcesAndTools/hr-topics/compensation/Pages/total-rewards-trends.aspx
• SMUD. (2017). Retrieved from https://www.smud.org/assets/documents/pdf/2016-annual-report.pdf
• SMUD. (2017). Retrieved from https://www.smud.org/en/about-smud/careers/working-atsmud/benefits.htm
• SMUD. (2017). Retrieved from https://www.smud.org/en/about-smud/company-information/
• Transparent California. (2017). Retrieved from
https://transparentcalifornia.com/salaries/search/?a=sacramento-municipal-utilitydistrict&q=Jack+Chapman&y=2016&s=-benefits
Questions?
Compensation and Benefits Strategy
Grading Guide
HRM/531 Version 12
Human Capital Management
Copyright
Copyright © 2017, 2016, 2014, 2013, 2011, 2010, 2009, 2008, 2007 by University of Phoenix. All rights reserved.
University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries.
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to imply endorsement, sponsorship, or affiliation.
Compensation and Benefits
Strategy Grading Guide
HRM/531 Version 12
Edited in accordance with University of Phoenix® editorial standards and practices.
2
Compensation and Benefits
Strategy Grading Guide
HRM/531 Version 12
Individual Assignment: Compensation and Benefits Strategy
Purpose of Assignment
The 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 Required
Dressler 15th edition (Ch. 11); shrm.org; www.hr-survey.com; bls.org; www.bls.gov; human resources
department for the organization you chose.
Grading Guide
Content
Met
Partially
Met
Not Met
Total
Available
Total
Earned
4
#/4
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 table format a list of compensation
components for your plan.
Include an analysis of legislation that may
impact decisions made about compensation
and benefits.
Include a one page survey that you would use
as a resource to collect information from
employees about the rewards they desire in a
reward package.
The paper is 1,225 words in length.
Comments:
3
Compensation and Benefits
Strategy Grading Guide
HRM/531 Version 12
Writing Guidelines
Met
Partially
Met
Not Met
Total
Available
Total
Earned
1
#/1
5
#/5
The paper—including tables and graphs,
headings, title page, and reference page—is
consistent with APA formatting guidelines and
meets course-level requirements.
Intellectual property is recognized with in-text
citations and a reference page.
Paragraph and sentence transitions are
present, logical, and maintain the flow
throughout the paper.
Sentences are complete, clear, and concise.
Rules of grammar and usage are followed
including spelling and punctuation.
Assignment Total
Additional comments:
#
Comments:
4
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