I NEED A GOOD GRADE ON THIS PLEASE FOLLOW INSTRUCTIONS AND PROPER APA format
OVERVIEW
Students will select an industry and choose 4 benchmark positions from the chosen industry. . Students will design a
Compensation Structure Proposal
. The Hay Plan Point Method approach will be used for this assignment.
INSTRUCTIONS
Students will be required to:
4. Use the current edition of the course textbook and a minimum of 2 scholarly/peer-reviewed citations for each section. (Gerhart.2023) – McGraw Hill
6. Include a Reference List at the end of each section.
7. Submit as a Word document (doc.).
Required Elements:
Section I – Compensation Survey: Introduction and Key Components
A. APA Title Page with Student’s Name, Liberty University, Course Title, Chosen Industry, Professor’s Name, and Date.
B. Provide Introduction and descriiption of the Industry.
C. List and define Compensable Factors and create Job descriiptions for 4–5
benchmark jobs.
D. Provide minimum/average/maximum wages for each position.
E. List and define a minimum of 5 benefits offered to employees in the chosen
industry.
G. Follow current APA-formatting guidelines.
H. Is expected to be free of APA, grammar, spelling and punctuation issues.
I. Reference List
Section II – Compensation Survey: Instrument for Industry
A. Provide Instructions, Timeline, Costs, Confidentiality Statement, and Signature Page.
BUSI 440
Each student will create a Compensation Survey for the industry
for an existing or newly created organization within the chosen
industry
For each
section, the student must support assertions from the course textbook, at least 2 scholarly/peer-
reviewed citations in current APA format and include a Christian worldview component
supported by the Bible.
1. Create a Compensation Survey with the required components.
2. Create a Hay Plan, to include Total Rewards.
3. Create a Compensation Structure Proposal.
5. Integrate a Christian worldview component into the creation of the
Compensation Survey and Structure Proposal.
F. Use the current edition of the course textbook, a minimum of 2 scholarly/peer-
reviewed sources, and biblical integration.
Page 1 of 3
B. Use the current edition of the course textbook, a minimum of 2 scholarly/peer-
reviewed sources, and biblical integration.
C. Follow current APA-formatting guidelines.
D. Is expected to be free of APA, grammar, spelling and punctuation issues.
E. Reference List
Section III – Compensation Structure: Internal and External Alignment
A. Summary of the decision-making process. This must explain the ‘how’ and ‘why’ the structure details were designed as is and will include the following:
1. Introduction—describe .
3. Define the internal alignment of the organization’s Compensation Structure.
4. Define the external alignment of the organization’s Compensation Structure.
C. Is expected to be free of APA, grammar, spelling and punctuation issues. D. Reference List
Section IV – Compensation Structure: Hay Plan for the organization
A. Create the Compensation Structure utilizing the Hay Plan method and determination of Pay Levels using Microsoft Excel to include the benefit mix (Total Rewards).
C. Is expected to be free of APA, grammar, spelling and punctuation issues. D. Reference List
Section V – Compensation Structure: Proposal for the organization
A. Create a Compensation Structure Proposal for the selected benchmarked jobs.
C. Is expected to be free of APA, grammar, spelling and punctuation issues. D. Reference List
Note: Your assignments will be checked for originality via the Turnitin plagiarism tool. The tool is a starting point for instructors to check overall Academic Integrity and higher scores generally indicate a higher probability of Academic Misconduct. The higher a score the higher the probability that there are too high a percentage of quotations included in the narrative, and/or there are passages that have not been properly cited.
2. Describe the steps of the job analysis conducted (What steps did “you”
BUSI 440
organization
take?). Be specific.
B. Use the current edition of the course textbook, a minimum of 2 scholarly/peer-
reviewed sources, and biblical integration.
B. Use the current edition of the course textbook, a minimum of 2 scholarly/peer-
reviewed sources, and biblical integration.
B. Use the current edition of the course textbook, a minimum of 2 scholarly/peer-
reviewed sources, and biblical integration.
Page 2 of 3
Additional Tips:
• Be sure to review the Grading Rubric for the Final Assignment.
• The Survey Instrument you create should include relevant questions and all the elements
from that section (Instructions, Timeline, Costs, etc.). Remember, it should be
customized for the Industry and benchmark positions you have chosen.
https://www.linkedin.com/advice/0/what-best-sources-methods-conducting-salary https://hr-guide.com/Compensation/SalarySurveys.htm https://work.chron.com/conduct-salary-survey-6645.html https://www.erieri.com/dlc/onlinetextbook/compensation-and-benefits-surveys
• Be creative in each section. Use graphs, charts, images, etc.
• Remember to use Excel while working on your Hay Plan. https://uwaterloo.ca/human-resources/support-managers/compensation/hay-evaluation-method https://www.youtube.com/watch?v=dBfcWcQWJbg https://www.youtube.com/watch?v=–n-SepKoWs
• When creating your Compensation Structure, treat it as if you were in the boardroom with the decision-makers and you are trying to persuade them to approve your proposal. You want to give them all the information they need to make a sound decision.
• Your Compensation Structure Proposal (Section V) should include “everything” from the previous sections.
• Keep in mind not all sources are scholarly and/or peer-reviewed. Use scholarly/peer- reviewed sources that are 5 years old or less.
https://library.webster.edu/guides/quickscholart.html#:~:text=Scholarly%20articles%20are%20s ometimes%20referred,longer%20than%20a%20magazine%20article. https://guides.lib.uw.edu/research/faq/scholarly https://guides.library.oregonstate.edu/c.php?g=285842&p=1906145 https://resources.nu.edu/researchprocess/scholarlyjournals
https://libguides.usc.edu.au/ILT/3-4
• Please visit the Liberty Online Writing Center for APA formatting assistance. Purdue Owl is also a great resource:
https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/ind ex.html
https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/in_ text_citations_the_basics.html
https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/in_ text_citations_author_authors.html
https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/ref erence_list_articles_in_periodicals.html
https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/ref erence_list_books.html