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Assignment: You have been hired to completely revamp the Total Rewards plan for the Company and senior management has given you a great deal of leeway to develop a recommended plan

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Assignment: You have been hired to completely revamp the Total Rewards plan for the Company and senior management has given you a great deal of leeway to develop a recommended plan. They are expecting you to develop and recommend a detailed Total Rewards strategy and plan. This will be around 8-14 pages Memo. Your presentations should be a formal, business-style presentation of your Total Rewards Plan. This presentation should be no longer than 15 slides in length. Your Total Rewards plan should be tailored to address the various, distinct areas (executive management, administrative office, sales and warehouse/shipping) of the company as each area may require a different approach. Your plan should address the concerns raised by management (employee engagement, internal/external parity, drive performance consistent with company goals and objectives, connect employees with customers), ensure legal compliance and employee retention. Though there is no expectation that your plan with contain detail plans of benefits, etc. your plan should contain sufficient detail to thoroughly explain your thinking to senior management. You should include the justification for your recommendation in your written recommendation. *** For the Presentation, I will have to add a oral presentation not to exceed 15 minutes, so please keep that in mind when creating.

Total Rewards Project Memo

Congratulations on your appointment as VP of Total Rewards for Business Express. Business Express is an internet office supply company headquartered in Denver Colorado. They have no brick and mortar outlets and derive all of their sales through internet, telephone or sales rep generated orders. Business Express has customers throughout the continental US and Canada. While most customers are business purchasing supplies for their organization about 25% of Business Express sales come from individual consumers.

Business express was founded in 2005 and has grown at double digit annual rates. When the company was founded the HR processes including compensation were not well thought out, defined or delivered. As a result, there is no clear rationale or structure to what employees get paid and whether their compensation package is competitive from both an internal and external basis. In addition, there is a question as to whether the pay practices conform to Federal and State Law. Senior management has concerned that the compensation strategy does not engage employees, does not align and drive performance consistent with company goals and objectives and does not focus employees on customer engagement.

The briefs and final projects are not APA papers. They should be sited using APA format but but should look like a business report or brief that you might use in a workplace. Business memo can use colors, charts, and other techniques to engage the reader so be creative when creating the memo. I have also attached all memo completed for references. Here is some feedback from the instructor on past memos done so far. Memo 4 and 5 have not been graded yet.

Memo 1: This brief was excellent. The relevant laws were covered and formatted in a way to determine the key areas of legislation that impact compensation.

Memo 2: This brief was really well done. For the final, a bit more job detail is needed to more specifically identify the job responsibilities and requirements.

Memo 3: This brief provided a really interesting approach to an overall compensation strategy. You might clarify which types of positions would fall into which strategy. As an example sales perhaps falls into commission and mayne warehouse will us the piece rate approach. You might also want to think about whether any consideration of market data is needed to develop a base salary or ensure other strategies are competitive with similar business in the relevant market.

Assignment: You have been hired to completely revamp the Total Rewards plan for the Company and senior management has given you a great deal of leeway to develop a recommended plan. They are expecting you to develop and recommend a detailed Total Rewards strategy and plan. This will be around 8-14 pages Memo. Your presentations should be a formal, business-style presentation of your Total Rewards Plan. This presentation should be no longer than 15 slides in length. Your Total Rewards plan should be tailored to address the various, distinct areas (executive management, administrative office, sales and warehouse/shipping) of the company as each area may require a different approach. Your plan should address the concerns raised by management (employee engagement, internal/external parity, drive performance consistent with company goals and objectives, connect employees with customers), ensure legal compliance and employee retention. Though there is no expectation that your plan with contain detail plans of benefits, etc. your plan should contain sufficient detail to thoroughly explain your thinking to senior management. You should include the justification for your recommendation in your written recommendation. *** For the Presentation, I will have to add a oral presentation not to exceed 15 minutes, so please keep that in mind when creating.

Total Rewards Project Memo

Congratulations on your appointment as VP of Total Rewards for Business Express. Business Express is an internet office supply company headquartered in Denver Colorado. They have no brick and mortar outlets and derive all of their sales through internet, telephone or sales rep generated orders. Business Express has customers throughout the continental US and Canada. While most customers are business purchasing supplies for their organization about 25% of Business Express sales come from individual consumers.

Business express was founded in 2005 and has grown at double digit annual rates. When the company was founded the HR processes including compensation were not well thought out, defined or delivered. As a result, there is no clear rationale or structure to what employees get paid and whether their compensation package is competitive from both an internal and external basis. In addition, there is a question as to whether the pay practices conform to Federal and State Law. Senior management has concerned that the compensation strategy does not engage employees, does not align and drive performance consistent with company goals and objectives and does not focus employees on customer engagement.

The briefs and final projects are not APA papers. They should be sited using APA format but but should look like a business report or brief that you might use in a workplace. Business memo can use colors, charts, and other techniques to engage the reader so be creative when creating the memo. I have also attached all memo completed for references. Here is some feedback from the instructor on past memos done so far. Memo 4 and 5 have not been graded yet.

Memo 1: This brief was excellent. The relevant laws were covered and formatted in a way to determine the key areas of legislation that impact compensation.

Memo 2: This brief was really well done. For the final, a bit more job detail is needed to more specifically identify the job responsibilities and requirements.

Memo 3: This brief provided a really interesting approach to an overall compensation strategy. You might clarify which types of positions would fall into which strategy. As an example sales perhaps falls into commission and mayne warehouse will us the piece rate approach. You might also want to think about whether any consideration of market data is needed to develop a base salary or ensure other strategies are competitive with similar business in the relevant market.