Individual Assignment (25 Marks) ADMN2916: Compensation, Spring, 2023 Due: July 9, 11:59pm EST ______________________________________________________________________________

In this assignment, you are required to analyze and compare few aspects of two firms of your choice (for example, Firm A and Firm B) having their business operation in Canada. Based on your analysis on the questions given below (A, B, C, D) establish the following statement/thesis:

If a compensation system works well for one business, that same compensation system should not work well for other businesses.

You are allowed to pick any two firms, but I would recommend you choose two firms that are significantly different in-terms of their product, size, strategy, technology, human capital, HR policy etc. This will help you compare between the two firms in answering the given questions to establish the above thesis/statement. Also, in picking the two firms, make sure you can collect enough information from the public domain (internet, university library, firm website etc.).

Now do some research on these two firms and respond to the following questions in alignment of the above thesis/statement:

A. Compare and contrast the following internal factors of both of your chosen firms: strategy, technology, human capital, HR policy.

B. Based on your research on the two companies/firms, discuss whether the firms follow a tailored pay structure or loosely coupled pay structure.

C. Do an in-depth research on the two firms different components of compensation they offer to their employees- base pay, performance pay plans, and benefits (except the legally mandated benefits). Now briefly compare and contrast on each of the pay components between the two firms.

D. Based on your analysis of these two firms, provide your argument to establish the given thesis/statement.

Write this paper as an academic essay format with an introduction and a conclusion. Your answer will be assessed based on your ability to apply the relevant concepts that you have learned in this course and credible information from your research. Instructions: Maximum word limit is 1800 (excluding list of references). Use 12-point font, Times New Roman with 1.5 space between line. Prepare the paper as an academic essay following APA (American Psychological Association) with an introduction and a conclusion Your analysis should be based on credible materials facts. You need to consult the textbook, credible internet sources, as well as practitioner and academic articles (academic articles are those published in academic journals). Please provide in-text citation and a list of sources used at the end of your assignment following APA guidelines. Late submission will be subject to penalty @ 5% deduction per day. Format and point distribution:

Tentative paper Format and Rubric:

1. Introduction: (word limit: 150 words; marks: 2)

2. Main body of the essay a. Compare and contrast the following internal factors of both of your chosen firms: strategy, technology, human capital, HR policy. (500 words. marks: 5)

b. Based on your research on the two companies, discuss whether the firms follow a tailored pay structure or loosely coupled pay structure. (300 words. marks: 4)

c. Do an in-depth research on the two firms different components of compensation they offer to their employees- base pay, performance pay plans, and benefits (except the legally mandated benefits). Now briefly compare and contrast on each of the pay components between the two firms. (400 words. marks: 5)

d. Based on your analysis of these two firms, provide your argument to establish the given thesis/statement. (300 words. Marks: 4) 3. Conclusion: (word limit: 150 words; marks: marks: 2)

4. Language, flow of writing, organization including in-text citation and list of reference (marks: 3)