HRM 530: New and Improved Rewards at Work
Employers have been coming up with innovative employee rewards to boost morale and acknowledge employee needs for creativity and personal goal accomplishment. Some of the latest potential employee rewards include using the Internet at work for personal reasons such as shopping, communicating with friends, or personal finances; bringing a pet to work; instituting a controlled napping policy, and the sports and office betting pools.
Write an eight to ten (10-12) page excluding cover paper in which you:
1) Thoroughly determine how innovations in employee benefits can improve the overall competitive compensation strategy of the organization.
2) Thoroughly explain how innovative benefits could be tied to specific jobs.
3) Thoroughly critique the effectiveness of equity-based rewards systems versus those with more creative approaches.
4) Thoroughly discuss the key elements of integrating innovation into a traditional total rewards program.
5) Thoroughly recommend a process that optimizes an employee-based suggestion program to continually refresh the total rewards of the organization.
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