Assignment 1: Compensation Practice

Use the Internet or the Strayer Library to research a publicly traded company for which you would like to work.

Write a six to eight (6-8) page paper in which you:

1) Briefly describe the company you researched, its compensation strategy, best practices they are applying, and compensation-related challenges they are facing.

2) Analyze how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders.

3) Examine the ways in which laws, labor unions, and market factors impact the company’s compensation practices. Provide specific examples to support your response.

4) Evaluate the effectiveness of traditional bases for pay at the company you researched.

5) Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

• Analyze how compensation practice can be applied to positively impact an organization and its stakeholders.

• Examine the ways in which laws, labor unions, and market factors impact companies’ compensation practices.

• Evaluate the effectiveness of traditional bases for pay (seniority and merit) against incentive-based and person-focused compensation approaches.

• Use technology and information resources to research issues in compensation management.

• Write clearly and concisely about compensation management using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

AND

1. Assignment 1: Training and Development in Small Businesses
2. Due Week 4 and worth 240 points
3. Select a small business with which you are familiar. Imagine that you have been called into that business to provide a consultation on training. Create a comprehensive training proposal for the business.
4. Write a six to eight (6-8) page paper in which you:
5. Analyze key elements of training and development geared toward improving the performance of the specific small business for which you are consulting.
6. Predict three to five (3-5) potential challenges that the managers or owners of the business could face in addressing organizational performance.
7. Justify the effects of detecting organizational gaps in small business, providing examples to explain the rationale.
8. Propose a competitive training strategy that will improve the position of the business in the market. The strategy should include, at a minimum, an agenda of training activities, rationale for instructional strategies used, and the return on investment (ROI) that will be gained from the strategy you have developed.
9. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and similar Websites do not qualify as academic resources
10. Format your assignment according to the following formatting requirements:
    1. Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
    2. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
    3. Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.
11. The specific course learning outcomes associated with this assignment are:
12. Analyze concepts, meanings, and trends in training.

• Justify the importance of aligning training with organizational strategy.
• Evaluate theories associated with learning, motivation, and employee performance.
• Use technology and information resources to research issues in training and development.
• Write clearly and concisely about training and development using proper writing mechanics