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Begin by reviewing your first two milestone submissions. Then, based on the concerns and gaps you previously identified and the feedback from your instructor, make
Begin by reviewing your first two milestone submissions. Then, based on the concerns and gaps you previously identified and the feedback from your instructor, make recommendations and revisions to the current total rewards package described in the case study and provided supplements. Draft your revisions so that they thoroughly cover each of the critical elements listed in Parts AC below.
Specifically, the following critical elements must be addressed:
Revisions: In this part of the assessment, you will make recommendations and revisions to the current benefits and compensation package to address any concerns and gaps previously identified.
Make recommendations to the current total rewards package that address concerns related to your previous analysis of the quantitative and qualitative data. In other words, what changes would you make to the current benefits and compensation package in order to address any concerns you previously identified?
Identify potential financial, procedural, and legal constraints regarding the revised total rewards package.
Explain the financial cost of proposed changes to both direct and indirect compensation. Be sure to address fully funded organizational changes, partially funded changes and by what percentage and fully employeefunded benefits. Identify the increase or decrease for total employee costs.
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