BUS 409 Week 4 Assignment 1-
Compensation Practice
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BUS 409 Week 4 Assignment 1-
Compensation Practice
Week 4
Assignment 1
Content
Week 4
Assignment 1 Submission
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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.
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