HR Application 2:
Strategize!
Imagine
you are a Compensation Analyst at a large manufacturing organization. The CEO recently came to your boss, the
Director of Compensation, to determine how to restructure compensation for
certain employees. The CEO wants to make
sure that compensation aligns with the following organizational strategies:
1) Continue to make a
quality product that our consumers will always choose over our competitors in
the industry.
2) Keep production and
overhead costs down by working smarter, not harder.
3) Expand into new
markets across the U.S.
4) Hire the best
people and support them as they develop in their careers.
Put
together a proposal memo addressed to the Director of Compensation that shows
how the total compensation package can support these strategies.
The
3 specific positions you should focus on are: production associates (who
assemble the products in the manufacturing plant), line supervisors (who
directly supervise the production associates), and floor managers (who
supervise the entire production process at the plant).
Be
sure to address the following:
- What elements of compensation
and non-compensation will be important in supporting the 4 organizational
strategies above? Why?
- Will organizational hierarchy
play a role in your proposal?
How?
- What challenges did you have
aligning compensation strategy with organizational strategy? Be specific.
- What aspects of your proposal
do you think your Director or the CEO will support vs. reject? Why?
Expect
to take approximately 2-3 pages written in APA format (double-spaced, 12 point
font) to complete this assignment. Your
work will be graded on completeness, clarity, originality, interest, APA
format, grammar, spelling and punctuation. (see HRA written assignment grading
rubric for more information).
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