Task

Working in HR as an Ethical Agent, your task is to propose a new Total Rewards idea aligned with SHRM$\text{'}$s BASK; Total Rewards People Knowledge Domain. Your idea should aim to retain manufacturing employees and attract new talent while reflecting ethical values and Total Rewards principles:

Review the SHRM BASK; Total Reward People Knowledge Domain to identify potential Total Rewards concepts.

Discuss one new compensation system and benefits package you would recommend for the course scenario and demonstrate Total Rewards best practices.

What fundamental principles are driving the design of your organization's new compensation system and benefits package?

How does your proposed compensation system and benefits package reflect the core values of the organization?

What provisions should be included in the benefits package to support employee wellness and promote a healthy work$-$life balance, thereby enhancing overall job satisfaction and productivity?

Discuss the ethical considerations involved in implementing this Total Rewards idea and its alignment with SHRM$\text{'}$s ethical principles.

How would you ensure that the proposed compensation and benefits package meets the diverse needs and preferences of our workforce, considering factors such as generational differences, lifestyle choices, and career aspirations? Consider factors such as fairness, transparency, and equity in compensation, benefits, and recognition programs.