See my attached Assign #1 paper
Assignment 2: Compensation Plan Outline
Due Week 8 and worth 300 points
Using the same company you researched in Assignment 1, evaluate the company’s compensation plan to determine how it could be improved.
Write a six to eight (6-8) page paper in which you:
Your assignment must follow these formatting requirements:
The specific course learning outcomes associated with this assignment are:
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.
Points: 300 | Assignment 2: Compensation Plan Outline | ||||
Criteria | Unacceptable
Below 60% F |
Meets Minimum Expectations
60-69% D |
Fair
70-79% C |
Proficient
80-89% B |
Exemplary
90-100% A |
1. Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale.
Weight: 15% |
Did not submit or incompletely evaluated the existing compensation plan to determine if it is the most appropriate for your company. Did not submit or incompletely explained your rationale. | Insufficiently evaluated the existing compensation plan to determine if it is the most appropriate for your company. Insufficiently explained your rationale. | Partially evaluated the existing compensation plan to determine if it is the most appropriate for your company. Partially explained your rationale. | Satisfactorily evaluated the existing compensation plan to determine if it is the most appropriate for your company. Satisfactorily explained your rationale. | Thoroughly evaluated the existing compensation plan to determine if it is the most appropriate for your company. Thoroughly explained your rationale. |
2. Determine the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
Weight: 15% |
Did not submit or incompletely determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. | Insufficiently determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. | Partially determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. | Satisfactorily determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. | Thoroughly determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected. |
3. Evaluate the current pay structure used by your company and assess the recognition of employee contributions.
Weight: 20% |
Did not submit or incompletely evaluated the current pay structure used by your company and did not submit or incompletely assessed the recognition of employee contributions. | Insufficiently evaluated the current pay structure used by your company and insufficiently assessed the recognition of employee contributions. | Partially evaluated the current pay structure used by your company and partially assessed the recognition of employee contributions. | Satisfactorily evaluated the current pay structure used by your company and satisfactorily assessed the recognition of employee contributions. | Thoroughly evaluated the current pay structure used by your company and thoroughly assessed the recognition of employee contributions. |
4. Make two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
Weight: 20% |
Did not submit or incompletely made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. | Insufficiently made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. | Partially made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. | Satisfactorily made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. | Thoroughly made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected. |
5. Evaluate the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and compare them to that company’s major competitors.
Weight: 15% |
Did not submit or incompletely evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected. Did not submit or incompletely compared them to that company’s major competitors. | Insufficiently evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and insufficiently compared them to that company’s major competitors. | Partially evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and partially compared them to that company’s major competitors. | Satisfactorily evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and satisfactorily compared them to that company’s major competitors. | Thoroughly evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and thoroughly compared them to that company’s major competitors. |
6. 3 references
Weight: 5% |
No references provided | Does not meet the required number of references; all references poor quality choices. | Does not meet the required number of references; some references poor quality choices. | Meets number of required references; all references high quality choices. | Exceeds number of required references; all references high quality choices. |
7. Clarity, writing mechanics, and formatting requirements
Weight: 10% |
More than 8 errors present | 7-8 errors present | 5-6 errors present | 3-4 errors present | 0-2 errors present |
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