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| Compensation Evaluation Grading Guide HRM/324 Version 4 |
Compensation Evaluation Grading Guide
HRM/324 Version 4
Total Compensation
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Individual Assignment: Compensation Evaluation Purpose of Assignment
It is important to understand the different perspectives of compensation as an HR practitioner. This paper will describe the differences in pay and the importance of aligning internal equity while maintaining external competiveness and its effects on the organization’s compensation strategy and its ability to attract, motivate, and retain top talent.
| Content | Met | Partially Met | Not Met | Comments: |
| The student explains the discrepancy in pay among the current employees. |
| |||
| The student describes the strategy they would take to correct the internal equity issue. | ||||
| The student describes the strategy they would take to correct the external equity issue. | ||||
| The student explains how they will ensure that new hires will be paid equitably both internally and externally. | ||||
| The student analyzes how an organization’s Total Compensation strategy affects an organization’s financial operations and its ability to attract, motivate, and retain top talent. | ||||
| The student explains the differences between base pay, performance pay and variable pay, and which is the best option for an employee. | ||||
| The paper is 700 to 1,050 words in length. | ||||
| | Total Available | Total Earned | ||
| #/7 |
| Writing Guidelines | Met | Partially Met | Not Met | Comments: |
| The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. | ||||
| Intellectual property is recognized with in-text citations and a reference page. | ||||
| Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. | ||||
| Sentences are complete, clear, and concise. | ||||
| Rules of grammar and usage are followed including spelling and punctuation. | ||||
| Total Available | Total Earned | |||
|
| #/3 |
| Assignment Total | # | 10 | #/10 | |
| Additional comments: | ||||
