Evaluate compensation systems offered by organizations to attract and motivate employees.

Deliverable 2 – People – Focused Compensation Training

Competency

Evaluate compensation systems offered by organizations to attract and motivate employees.

Scenario

You are the Training and Development Supervisor for a private, mid-sized company that researches and produces products for the cosmetics industry. An international cosmetics brand, Marylion, has recently bought your company, and most of the employees of your company will now work for the international firm. All of the scientists in the research and development department of your old company are being retained by the acquiring firm.In your old company, scientists were compensated based on their job titles and years of experience in the company. However, in their new roles, they will be compensated differently. Marylion has a different pay system for scientists in R&D than for other employees. Scientists are compensated using a person-focused pay model. Specifically, a stair-step model of competency-based pay is used.As the scientists in your old firm are not familiar with this new model of compensation, it has been decided that you, as the new Training and Development Manager for Marylion, should provide an onboarding training session. The training session is to help the scientists understand how their new compensation system will work. You have been asked to create a training agenda and outline of the training session to be reviewed by the HR manager prior to hosting the training.

Instructions

The training agenda should include each topic with key points and an area provided for note taking. The training outline should be formatted with bulleted points for each topic, speaker’s notes, and include the amount of time needed to cover each topic. Prepare a training agenda for participants and a training outline for the presenter that:

  • Explains the concept of a people-focused pay model.
  • Compares a competency-based pay model to a job-based pay model.
  • Explains a stair-step model of compensation.
  • Analyzes the advantages of a people-focused pay model for scientists at Marylion.
  • Discusses the impact of people-focused pay on employee motivation through promotions and career paths.
  • Provides attribution for credible sources used in the training agenda and outline.

WE’VE HAD A GOOD SUCCESS RATE ON THIS ASSIGNMENT. PLACE THIS ORDER OR A SIMILAR ORDER WITH ESSAYS PLACE AND GET AN AMAZING DISCOUNT

Order a paper now

How Our Essay Writing Service Works

 

1. Submit Your Assignment Details

scholarwriters.com

Click on the “Order Now” on the top right of the Scholar Writers Home page and fill in the Homework details to get a price quote. Ensure all assignment details are included in the order form.

2.Proceed to checkout

After posting your essay details and confirm that all details are correct, you can proceed to payment to complete the ordering process.

3. The Writing Process

Once the payment has been made, the best match expert writer is assigned your assignment. To ensure that your online class assignment is successful, our editors go through the work to ensure its quality and plagiarism free. At this time, your order will be marked as ‘assigned’ until its ready for submission.

4. Download Your Assignment

After the editors confirm the assignment is ready for submission, it will be marked as complete and you can log in to download it. If you have any queries or you need some edits, you can contact the support and make your request.


Write My Assignment