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HRM 598 Team Project Designing a

Compensation Plan
For more classes visit
www.snaptutorial.com

Objective
The learning objective of the project is to give you the practical
experience of designing a compensation structure for an organization,
beginning with the actual creation of a business, staffing it,
implementing the pay plan, and assessing performance. You will also
gain experience in utilizing a project team.
Team Project Tour

Team Project Tour


The tour is a quick and effective way to get an overview of the content
and requirements of the required team project for the course.
Estimated Duration: Eight minutes

Phases
The project is designed in four phases:
Phase I: Establish a business
Phase II: Write job descriptions, create an organizational chart,
and rank the jobs
Phase III: Collect market data
Phase IV: Focus on benefits and the compensation budget
You will work on the project in 45 person teams. You will
sequentially work on the phases of the project, which when combined
will result in the team paper. The following sections will provide details
on each of the phases and what should be included in them.
Phase I: Develop a theme for an organization ungraded draft due
Week 2
What is the business (technical, professional, service, etc.)?
Create your business and give it a name.
Start developing a description of the organization (goals, strategy,
culture, values, location, environment, product/service).
Establish a staffing plan. Determine the positions needed. There is
to be a minimum of 35 employees in the organization.
Think about the total compensation needs.
Develop an HR mission statement and objectives. This should
express the company's attitude toward hiring and retaining employees.
Scope of the position
Identify the job duties
Define the qualifications (education requirements, experience,
skills, and other criteria).
Define the ADA requirements. Each job description should have
ADA requirements defined per position. This should include the
physical, mental, and environmental conditions per position.
Show placement of staff/departments in the organization chart. Create a
basic Point Method system. Rank these jobs within the organization.
Explain the methodology for your team project.
Phase III: Market Data and Merit Program ungraded draft due
Week 6
Market Data
What is the competition?
What are the local demographics for the immediate area?
What is the Job Market like for the kinds of skills you will need?
How hard or easy will it be to recruit and retain employees?
Find market data on your positions online to assist you in
determining a pay grade structure.
Explain how you set up your pay grades.
Assign pay grades to each position.
Determine which type of performance evaluation you will use for
each category of employees.
Design and include the performance appraisal forms that will
support your system.
Develop a merit pay grid that supports your performance appraisal
process. Explain the linkage from your performance appraisal to your
merit system.
Phase IV: Benefits and the compensation budget graded final
team project due
What benefits will be offered with the company plan?
Develop a budget and projection for total compensation for five
years. Project the costs for each program included in your plan for all
phases in the project.
Consider your percentage of sales for the organization in year
one through year five. You are not required to project the company sales
volume. Will the company be able to maintain the sales increases to
support your proposed pay increases annually?
Timeline
There is a definite timeline for when phases of the team paper are
submitted. Phase I is submitted by posting a draft document in your
team discussion area at the end of Week 2. One document is
submitted for the entire team.
Phase II is posting a draft document in your team discussion area at
the end of Week 4.
Phase III is also posting a draft document in your team discussion
area at the end of Week 6.
Phase IV is the final version of the team paper. All four phases should
be organized and forwarded to the instructor via the Dropbox by the
team leader in one MS Word document by the end of Week 7.
Your instructor will provide feedback on your draft work at the end of
Phases I, II, and III. This will help you stay on track for the final project.
Feedback will not be provided on your Phase IV draft.
Your team will get the feedback on the draft submissions of Phase I,
Phase II, and Phase III, usually within 48 hours from the instructor. The
main purpose of the draft submissions is so that the instructor can see
that you are keeping on track with the project. The feedback, which will
be brief, should help you stay on track for the final project. These three
submissions are considered rough draft documents that are evolving and
may be revised.
Teams
Your instructor will be assigning you to a team by Thursday of Week 1
and will be posting or e-mailing that information to you. You will be
able to see your group thread set up in the "Teams" tab at the left-hand
side of your screen below Week 8. By setting up your Discussion area in
a separate location apart from the rest of the course, I can allow you
access for the duration of the term, which makes it a lot easier to check
back on directions, etc. You will be able to talk to your teammates in
this thread, and others will not be able to see your discussions (except
me).
During the first week, after you have been assigned to a team, you will
select a team leader and e-mail that person's name to the instructor. This
individual will take a particular interest in making sure that everyone
gets an assignment and that all information is gathered and shared with
the group on an ongoing basis.
In addition, the team leader will submit a Word document to the
instructor by posting it as an attachment to a message in the team thread
with a subject line that identifies the team and phase such as "Team
A Submission of Phase I" or "Team B Submission of Phase III." These
will be posted at the end of Week 2, Week 4, and Week 6, respectively,
for the various phases, so that the instructor can see that you are keeping
on track with the project.
All team members are expected to fully participate in their team (such as
regularly posting/communicating, setting expectations, communicating
with the quality and quantity necessary, clarifying, sharing drafts,
challenging other members' thinking, reflecting on group processes, and
making/supporting decisions), contribute substantially (such as
researching, drafting findings, writing sections of paper/project,
reviewing others' work, refining written work, taking the lead, proofing
papers, and posting/submitting final work), and all members are
responsible for clarifying expectations and regularly communicating
with each other. Please make sure that you complete your drafts early
enough in the process and allow sufficient time to revise and proof
your papers. Remember that when you accept responsibility to lead an
effort or a produce part of the project, the expectation is that you will
fulfill that responsibility.
Submission of Final Team Paper and Rubric
Final Paper
In order to be considered complete, papers must utilize APA style and
format and include the following: a title page, table of contents,
executive summary (one page max), centered headings for each section,
conclusion, reference section, and, if necessary, appropriate appendices.
Please cite your sources where appropriate. The expectation is a
minimum of five external reference citations for the project. These
should be properly cited utilizing the APA in-text and reference page
formats.
At the end of Week 7, the entire project should be organized and
forwarded to the instructor via the Dropbox by the team leader in one
MS Word document by the end of Week 7. In fairness to all students,
late projects will receive a deduction of 5% per day through Tuesday of
Week 8. No projects will be accepted after Tuesday unless prior
arrangements are made with the instructor.
Final Team Project Papers, incorporating a final version of all four
phases, will be graded based upon the team's effort. The instructor
reserves the right to assign individual grades based upon discretion. The
instructor may utilize the Team Discussion Area as a way to determine
participation and contribution to a project. It is highly recommended that
all project communications be documented there. The team project will
be graded based upon the criteria established in the Team Paper Grading
Rubric below. All DeVry University policies are in effect, including the
plagiarism policy.
For instructions on how to use the Dropbox, read theseStep-by-Step
Instructions or watch thisDropbox Tutorial.
Team Paper Grading Rubric
Category
Points
% Rounded
Description
Executive Summary
5
2
Executive summary included; one page maximum.
Phase I Develop A Theme for An Organization
20
9
Business named and adequately described
Staffing Plan includes relevant positions for the business and a minimum
of 35 employees
Total compensation needs of the business are described as it relates to
the theme of the organization rather than specific programs
HR Mission aligns with the business
Phase II Write Job Descriptions and Establish a Point Factor
Evaluation System
70
32
Standardized format for each job description with summary, outline of
duties, KSAs and qualifications, and ADA requirements.
An organization chart shows the organization from a top down
perspective in the appropriate format
Appropriate factors are determined for the Point Factor Evaluation
System
Point factor system establishes definitions for each level
Point factor system evaluates each job against the factors
Job are aligned against the evaluation of the results and appropriate
alignment exists
Phase III Market Data and Merit Program
60
27
Local competition for employees is described based upon valid data,
including census
Demographics and skills in the market are described Valid market data
is found for positions and information is explained on how data was
sourced
A salary structure and appropriate pay grades are established for each
position based upon market data
An explanation is provided for the establishment of the pay structure and
how it supports the needs of the organization
Performance appraisal(s) are developed that support each employee
group
Performance appraisal form can appropriately evaluate employee group
Merit pay grid links and supports the performance appraisal system
Phase IV Benefits and the Compensation Budget
20
9
Describe the benefits that will be offered. This should include details on
the plan.
Compensation budget accurately includes all items in the Compensation
Project
Formatting and Style
45
21
Submitted in one MS Word document without spelling or grammatical
errors.
APA format & style with title page, reference page, centered headings
for major parts of the paper, page numbering in upper right corner, exec
summary, table of contents, etc.
Minimum of 5 external professional or academic quality sources with
appropriately in-text citations and references in APA format.
Total
220
100
A quality paper will meet or exceed all of the above requirements.

Peer Review Evaluation Sheet


Each student should also complete a Peer Review Evaluation Sheetand
submit it to the "Week 7: Peer Review Evaluation" Dropbox
individually. The Peer Review Evaluation Sheet allows you to rate how
effectively each member of the team, including yourself, contributed to
the project assigned in this course. If a Peer Review Evaluation Sheet is
not completed and submitted to the Dropbox, the student will lose 30
points. Peer Review Evaluation Sheets are not accepted late.
For instructions on how to use the Dropbox, read theseStep-by-Step
Instructions or watch thisDropbox Tutorial.
Relationship to Case Study Materials
Some of the tools and approaches found in the Recovered Hardwood
Products and Services case study used in this course will be of particular
assistance to you in your team projects. See the examples in the lectures
in Week 3 and Week 4. If you work on both the case study and the team
project in a parallel fashion, it will be easier to complete your
deliverables on time.
Conclusion
You need to get started on this project ASAP, as it is quite a bit of work
to complete in a short amount of time, and it will be imperative that you
keep up. Do not wait until we have covered all the material to get
started!X
==========================================================
HRM 598 Week 3 Case study Job Evaluation at
Whole Foods
For more classes visit
www.snaptutorial.com

Written Case Study: Prepare a Job Structure


Read "Job Evaluation at Whole Foods" Case Study (text pp. 153157).
The Whole Foods Market has completed a job analysis and written job
descriptions for Jobs A thorough Job I. Respond to the following:
Evaluation of Jobs and Job structure
Evaluate the jobs listed in the case study and prepare a job structure
based upon its evaluation. Assign titles to jobs, and show your structure
by title and job letter.
Process, Techniques, and Factors
Describe the process you went through to arrive at that job structure. The
job evaluation techniques and compensable factors used should be
described, and the reasons for selecting them should be stated.
Evaluation of Job Descriptions
Evaluate the job descriptions. What parts of them were most useful?
How could they be improved?
You will need to follow APA style and format and have a title page,
brief introduction and conclusion, centered headings for major parts,
page numbering and page headers, and a reference page. The case study
should be approximately 46 pages in length. The assignment will be
reviewed using the following criteria:
Written Case Study: Prepare a Job Structure rubric.
Written Case Study: Prepare a Job Structure Rubric
Possible Points
Earned Points
Comments
Evaluation of Jobs and Job structure
Assigned titles to jobs
Showed structure by title and job letter
30

Process, Techniques, and Factors


Described the process went through to arrive at that job structure
Described the job evaluation techniques and compensable factors
used
Stated reasons for selecting them
27
Evaluation of Job Descriptions
Evaluated the job descriptions
Indicated parts of them were most useful
Indicated how could they be improved
27

Used APA style and format for citations and reference section,
had appropriate title page, headings, etc. Grammar and spelling ok.
16
100
Comments:

Submit your assignment to the Dropbox located on the silver tab at the
top of this page. For instructions on how to use the Dropbox, read
theseStep-by-Step Instructions or watch thisDropbox Tutorial.X
==========================================================
HRM 598 Week 3 Case Study Whole Foods
For more classes visit
www.snaptutorial.com

Written Case Study: Prepare a Job Structure


Read "Job Evaluation at Whole Foods" Case Study (text pp. 153157).
The Whole Foods Market has completed a job analysis and written job
descriptions for Jobs A thorough Job I. Respond to the following:
Evaluation of Jobs and Job structure
Evaluate the jobs listed in the case study and prepare a job structure
based upon its evaluation. Assign titles to jobs, and show your structure
by title and job letter.
Process, Techniques, and Factors
Describe the process you went through to arrive at that job structure. The
job evaluation techniques and compensable factors used should be
described, and the reasons for selecting them should be stated.
Evaluation of Job Descriptions
Evaluate the job descriptions. What parts of them were most useful?
How could they be improved?
You will need to follow APA style and format and have a title page,
brief introduction and conclusion, centered headings for major parts,
page numbering and page headers, and a reference page. The case study
should be approximately 46 pages in length. The assignment will be
reviewed using the following criteria:
==========================================================
HRM 598 Week 4 Case Study Getting and Using
Compensation Information
For more classes visit
www.snaptutorial.com

Week 4, Case Study: Getting and using Compensation Information

1. Which jobs are paid more or less? Is this what you would have
expected? Why or why not? What factors could explain the differences
in the salaries?

2. Do the jobs have different bonuses as a percentage of their base


salaries? Why or why not? What could explain these differences?

3. Do the data include the value of the stock options? What are the
implications of this?
4. Read the job descriptions. Are they accurate descriptions for jobs that
you would be applying for? Why or why not? Are there jobs for which
you cannot find an appropriate match? Why do you think this is the
case?

5. Check out pay levels for these types of jobs in your school's career
office or other local or regional source. How does the pay for jobs
advertised in your career office or other local or regional source differ
from pay levels onwww.salary.com? Why do you think these differences
exist?

6. How do you use this information while negotiating your salary in your
job after graduation or when you apply for a different job? What data
would you provide to support your "asking price"? What factors will
influence whether or not you get what you ask for?

7. What is the relevant labor market for these jobs? How big are the
differences between salaries in different locations?

8. For each job, compare the median salary to the low and high averages.
How much variation exists? What factors might explain this variation in
pay rates for the same job?

9. Look for a description of how these salary data are developed. Do


you think it provides enough information? Why or why not? Discuss
some of the factors that might impair the accuracy of these data. What
are the implications of using inaccurate salary data for individuals or
companies?

10. With this information available for free, why would you bother with
consultants' surveys?

11. If you were a manager, how would you justify paying one of your
employees either higher or lower than the results shown on this website?
12. In your conclusion, highlight one thing you learned that would help
you in the future.
==========================================================
HRM 598 Week 4 Case Study Getting and
Using Compensation Information
For more classes visit
www.snaptutorial.com

Written Case Study: Getting and Using Compensation Information


Compensation information is now widely available. Click on the website
www.salary.com. This site provides free data on jobs, including job
description, annual salary by Zip Code, distribution by quartiles of
salary amounts, info on benefits, etc. The basic information that an
organization would get if it bought a salary survey from a consultant or
conducted its own salary survey can be found here.

This site provides pay data on hundreds of jobs in cities all over the U.S.
in many different industries. Identify several jobs (at least three) of
interest to you, such as accountant, financial analyst, product manager,
stockbroker, or manager compensation manager. Select specific cities or
use the national average. Obtain the median, the 25th and 75th percentile
base wage, and the total cash compensation rates for each job.

Respond to the following questions.

1. Which jobs are paid more or less? Is this what you would have
expected? Why or why not? What factors could explain the differences
in the salaries?
2. Do the jobs have different bonuses as a percentage of their base
salaries? Why or why not? What could explain these differences?

3. Do the data include the value of the stock options? What are the
implications of this?

4. Read the job descriptions. Are they accurate descriptions for jobs that
you would be applying for? Why or why not? Are there jobs for which
you cannot find an appropriate match? Why do you think this is the
case?

5. Check out pay levels for these types of jobs in your school's career
office or other local or regional source. How does the pay for jobs
advertised in your career office or other local or regional source differ
from pay levels on www.salary.com? Why do you think these
differences exist?

6. How do you use this information while negotiating your salary in your
job after graduation or when you apply for a different job? What data
would you provide to support your "asking price"? What factors will
influence whether or not you get what you ask for?

7. What is the relevant labor market for these jobs? How big are the
differences between salaries in different locations?

8. For each job, compare the median salary to the low and high averages.
How much variation exists? What factors might explain this variation in
pay rates for the same job?

9. Look for a description of how these salary data are developed. Do you
think it provides enough information? Why or why not? Discuss some of
the factors that might impair the accuracy of these data. What are the
implications of using inaccurate salary data for individuals or
companies?
10. With this information available for free, why would you bother with
consultants' surveys?

11. If you were a manager, how would you justify paying one of your
employees either higher or lower than the results shown on this website?

12. In your conclusion, highlight one thing you learned that would help
you in the future.

You paper should respond with one or two paragraphs for each question,
and one brief paragraph each for an introduction and conclusion. You
will need follow APA style and format and have a title page, centered
headings for each major part of the paper or question answered, page
numbering and page headers, and a reference page.
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HRM 598 Week 7 Course Project Lux Hotel
For more classes visit
www.snaptutorial.com

HRM 598 Week 7 Course Project Lux Hotel

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