Participation
Individual
Main
Ongoing, 4 Out of 7 days
Discussion
Individual
Main
Ongoing 4 Out of 7 days
Weekly Summary of Lessons Learned
Individual
Main
Monday of each week
Staffing Plan Paper
Learner Team
Assignment/Main Forums
Monday, Day 7
Week Three Compensation and Benefits • • •
Analyze the impact of various compensation methods and benefit programs on employees and organizations. Relate salary and benefit administration strategies to organizational culture and performance. Examine how incentive plans relate to organizational objectives.
Course Assignments 1. Readings • • • •
2.
Discussion Questions • • • •
3.
Read Ch. 11 of Fundamentals of Human Resource Management. Read Ch. 12 of Fundamentals of Human Resource Management. Read Ch. 13 of Fundamentals of Human Resource Management. Read this week’s Electronic Reserve Readings.
What is the relationship between compensation and employee morale and retention? In your opinion does pay for performance really improve performance? Why or why not? What are incentive plans? How might they help the organization to achieve their objectives? Do incentive plans really improve performance and are they cost effective? Why or why not? You are applying for a job as a manager and are at the point of negotiating salary and benefits. What questions would you ask your prospective employer concerning benefits? Describe the benefits package you would try to negotiate for yourself.
Individual Assignment: Incentive Plans Paper •
•
Prepare a 700- to 1,050-word paper examining how your organization¿s incentive plans relate to organizational objectives. Evaluate how the incentives plans do, or do not, help the organization to achieve its goals and objectives. Utilize at least two references from the reading assignment, Internet articles, Electronic Reserve Readings articles or HR journal articles to support your paper. Format your report according to APA standards.