D355 Total Rewards Task 1 Course Guide: VGM1: Total Rewards Strategy: Compensation Task 1 Introduction A competitive total rewards plan is essential to attracting quality talent and personnel who can contribute to the success of an organization. An effective total rewards plan includes both compensation and benefits. In this task, you will create a market research-based total rewards strategy that includes a detailed compensation plan for a fictional business called The Bravo Center. This will be essential for a revitalizing organization, like The Bravo Center, whose new owners have committed their efforts to making the organization a success. Refer to the attached scenario and market research document to guide your work. Scenario: See the attached Bravo Center Scenario and the Market Research Data. **Note: Read the task directions and the task rubric. Reference Bravo Center Scenario and Market Research Data for this and all prompts. This guide should be used with Section 1, Section 2 and Section 3 in the course and the corresponding textbook chapters. **The Bravo Center Scenario and the Market Research Data are the only supporting documents for Task 1. A. Create a total rewards strategy based on a lead, lag, or match approach to the market competition that supports the organizational goals by doing the following (see the attached "The Bravo Center Scenario" for organizational goals): 1. Based on external market research (provided in the attached \"Market Research Data\" document), internal equity, or the needs of the organization, explain how your total rewards strategy will lead the market, lag the market, or match the market, including a justification for your decision. WESTERN GOVERNORS UNIVERSITY. VGM1: Total Rewards Strategy: Compensation The Bravo Center Scenario Read the Task Directions, Rubric and the Bravo Center Scenario and Review the Market Research Data. Reference Section 1 and Section 2 in the course as well as corresponding e-text pages. + Review Section 1 Lesson 1 in the course and reference the Textbook pages 2-20 Lesson 7 and reference Section 2 in the course and the Textbook pages 173-175. + Review the factors in The Bravo Center Scenario that you must consider in creating your Total Rewards Strategy