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Imagine you are the HR Director of an organization you like or are familiar with. You need to develop a presentation for the CEO about
Imagine you are the HR Director of an organization you like or are familiar with. You need to develop a presentation for the CEO about a Total Rewards Plan that will help the organization recruit and retain high quality talent and maximize the employee and organizational output.
Your presentation must include the following:
- Provide the purpose of the presentation and the executive summary of key points.
- Present a brief overview of the organization (mission, vision, values, and strategic priorities).
- Identify the key competitive advantages of the organization and the importance of using Total Rewards to advance these advantages.
- develop a proposal that addresses the following rewards:
- Compensation
- Benefits
- Work-Life Balance
- Performance Recognition
- Growth and Development
- Explain the primary focus of each reward:
- Recruiting
- Retention
- Other
- Explain how you will administer each type of reward (i.e., new hire bonus spread out over two years, development opportunities by nomination of high performers, etc.).
- Describe how each reward aligns with the organization's strategy, mission, vision, goals, etc.
- Explain how rewards support the organization's competitive advantages.
- Explain the performance measure(s) each reward is expected to impact (i.e., quality of new hire, reduced turnover, higher production, budget, etc.).
- Propose a monitoring schedule for measures identified.
- Propose a timeline for implementing the Total Rewards Package.
- provide references
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