Question: When developing a Total Rewards program, we often overlook things that may be important to others. The first part of your final project is to
When developing a Total Rewards program, we often overlook things that may be important to others. The first part of your final project is to identify what you feel is the most important, then survey people peers family, coworkers, friends, etc. using the components you identified and have them rank the items in order of most importance to them being the most important, and so on Ask them to explain why they ranked the least important component that way.
Compile and share your results including your initial list, how the survey participants ranked them, and what other benefits they identified.
Were there any surprises from your initial thought of what total rewards components would be most important to someone? If so please explain how your conversations with others changed your initial opinion.
What factors do you think influenced how participants ranked the importance of the components in the total rewards plan?
Based on the survey results, what changes would you make to your original total rewards list?
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