Compensation Strategy for Knowledge Workers

Compensation Strategy for Knowledge Workers

Description  Details

Discipline Management

Assignment type : PowerPoint Presentation

Description

To prepare for this assignment, review Waring’s article about employee compensation, which is also listed in the required

reading section of the Unit IV Study Guide. Note: both links contain the same information; only one needs to be reviewed.

Waring, D. (2013). How to design an employee compensation plan [SlideShare slides]. Retrieved from

ref=http://fitsmallbusiness.com/how-to-pay-employees/

Waring, D. (2013). How to pay employees – The ultimate guide. Retrieved from http://fitsmallbusiness.com/how-to-payemployees/

You are the director of compensation for a midsized organization. Prepare a PowerPoint presentation that justifies the

implementation of a new compensation strategy that will support the motivational needs of knowledge workers and reinforce

the real-time performance appraisal system that the organization has embraced. While your goal is to retain, motivate, and

grow the current workforce of multi-generational knowledge workers, you must also justify to your senior management that

this compensation strategy is competitive in the marketplace.

Your presentation should describe a compensation program for knowledge workers. The title of the knowledge worker’s

position is entirely up to you (e.g., sales executive I, systems engineer III, etc.). You may use various sources (including the

lesson materials), but you must use at least one additional resource from the CSU Online Library. Include a reference slide,

and cite any sources used in proper APA format. Your presentation should be a minimum of 12 slides in length—not

counting the title and reference slides. You may also use the slide notes function to explain slide contents as necessary, but

this is not required.

Be sure to address the questions below in your presentation.

What is the compensation strategy being proposed?

Did employees provide input?

Who else provided input?

What incentives are included in the plan? How will it motivate the employees?

How will employees determine fairness of the pay structure?

Why do you believe the employees will be satisfied with this plan? Justify the compensation strategy that supports the

motivational needs of knowledge workers.

What is your communication plan for rolling out the new program?

Format APA

Academic Level: Masters

Volume of 3 pages (825 words)

Type of service: Custom writing

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