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In this final assignment, you will design and justify recommended changes to the total rewards program based on the organization that you have
In this final assignment, you will design and justify recommended changes to the total rewards program based on the organization that you have studied and used in the first two presentations for the course. The first two presentations provided you with an excellent foundation for this final paper.
You have already conducted research in which you have obtained thorough and detailed information about organizational goals, objectives, and challenges. In addition, you will have obtained information about the current monetary and non-monetary rewards and work environment of the organization and the challenges or changes (such as expansions, downsizing, changes of services or products) the organization anticipates. You will have also designed metrics to evaluate the total rewards program. You will use the information in the first two presentations for this final paper.
In the final paper, you will provide in a report (an academic paper) of at about ten pages (the length is up to you but try to be concise yet thorough) plus a cover page and a resource page. Provide at least eight sources in a reference list and respective in-text citations. Please be sure to use topic headings and include the following:
Note: I would like my project to focus on Jet Blue
1. Provide a Cover Page in Academic Format
2. Give the Introduction and Purpose for the Paper
3. Summarize and describe the organization, including its capabilities, key goals, objectives, challenges, values, and core competencies required for success.
4. Demonstrate your knowledge of the total rewards model by describing the current total rewards philosophy of the organization and its three categories of offerings (monetary, non-monetary, and the experience of working for the organization such as the values or culture, training, and promotional opportunities).
5. Identify and describe the segmentation of the workforce (drawing up our study of how to differentiate employee groups depending on their drivers, such as flexible schedules, growth potential, desire for demonstrating individual expertise or team success, low obligation and easy income, or high obligation and high income).
6. Describe further the current requisite capabilities of the organization and the competencies (knowledge, skills, and abilities) of the employees and, in your opinion, an analysis of whether the current needs will change given the issues faced by the organization. You reported these items in your first presentation.
7. Recommend changes to the total rewards program, along with specific plans, including plans for communicating the changes and metrics that should be used by the organization to evaluate the success of the new program. For the metrics, be sure to look back at any suggestions I gave you when I graded your second presentation. Students typically share three changes to the rewards program.
8. Present the justification for your recommendations. Think about the cost of the recommendations and the benefits that can come from the changes you recommend. The benefits of the rewards need to justify the cost.
9. Assess and discuss the risks of not implementing the program and the opportunities the program will give the organization. Think about the challenges the organization faces that you described in your first presentation.
10. Present a general explanation for the task list/timeline for implementation in the paper and submit the task list/timeline as a separate assignment to your assignments folder. You should refer to the implementation task list and timeline in the paper and share that it has been submitted as a separate assignment.
11. Describe your conclusions and a summary of knowledge gained about total rewards through this activity.
12. Resource Page (with at least eight scholarly sources listed in alphabetical order)