Question: FINAL COMPENSATION SURVEY AND STRUCTURE ASSIGNMENT INSTRUCTIONS OVERVIEW Students will select an industry and choose 4 benchmark positions from the chosen industry. Each student will
FINAL COMPENSATION SURVEY AND STRUCTURE ASSIGNMENT INSTRUCTIONS OVERVIEW Students will select an industry and choose benchmark positions from the chosen industry. Each student will create a Compensation Survey for the industry. Students will design a Compensation Structure Proposal for an existing or newly created organization within the chosen industry. The Hay Plan Point Method approach will be used for this assignment. For each section, the student must support assertions from the course textbook, at least scholarlypeer reviewed citations in current APA format and include a Christian worldview component supported by the Bible. INSTRUCTIONS Students will be required to: Create a Compensation Survey with the required components. Create a Hay Plan, to include Total Rewards. Create a Compensation Structure Proposal. Use the current edition of the course textbook and a minimum of scholarlypeerreviewed citations for each section. Integrate a Christian worldview component into the creation of the Compensation Survey and Structure Proposal. Submit as a Word document doc Required Elements: Section I Compensation Survey: Introduction and Key Components A APA Title Page with Students Name, Liberty University, Course Title, Chosen Industry, Name, and Date. B Provide Introduction and description of the industry. C List and define Compensable Factors and create Job descriptions for benchmark jobs. D Provide minimumaveragemaximum wages for each position. E List and define a minimum of benefits offered to employees in the chosen industry. F Use the current edition of the course textbook, a minimum of scholarlypeer reviewed sources, and biblical integration. G Follow current APAformatting guidelines. H Is expected to be free of APA, grammar, spelling and punctuation issues. Section II Compensation Survey: Instrument A Provide Instructions, Timeline, Costs, Confidentiality Statement, and Signature Page. B Use the current edition of the course textbook, a minimum of scholarlypeer reviewed sources, and biblical integration. C Follow current APAformatting guidelines. BUSI Page of D Is expected to be free of APA, grammar, spelling and punctuation issues Section III Compensation Structure: Internal and External Alignment A Summary of the decisionmaking process. This must explain the how and why the structure details were designed as is and will include the following: Introductiondescribe organization. Describe the steps of the job analysis conducted. Define the internal alignment of the organizations Compensation Structure. Define the external alignment of the organizations Compensation Structure. B Use the current edition of the course textbook, a minimum of scholarlypeer reviewed sources, and biblical integration. C Is expected to be free of APA, grammar, spelling and punctuation issues. Section III Compensation Structure: Hay Plan A Create the Compensation
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