Discussion 1 - Compensation Administration & Total Rewards

Topic

A total rewards strategy is a system implemented by a business that provides monetary, beneficial, and developmental rewards to employees who achieve specific business goals. The strategy combines compensation and benefits with personal growth opportunities inside a motivating work environment.

Objectives

This discussion is designed to allow you to demonstrate the importance of viewing compensation to employees as more than money.

Directions

The Canvas Student Guide Links to an external site. provides instructions for replying to a discussion post Links to an external site.. Optional: Instead of typing your posts, you may use the video tool Links to an external site. to record your posts.

Please view the video above, also and using the model shown below (also attached), discuss one aspect of Total Rewards.  In your discussion:

1. Please define (using examples) the aspect you chose.
2. Highlight the importance, of the aspect you chose, to both an employee and employer.
3. Project the long-term advantage of applying the aspect you chose.

Initial Post Due: Friday, September 27, 2024

Total Rewards

Accessible version of the Total Rewards infographic

For your Response:

Expand the discussion by replying in at least 100 words to 2 classmates’ posts. Responses may include describing your own work experience or other real-world situation related to the post, providing additional information from assigned or outside content (just be sure to cite or link to sources), disagreeing respectfully by describing your interpretation, proposing a new idea, or asking a probing question.

Response Due: Sunday, September 29, 2024

Rubric

To view grading criteria, click on the gearbox in the upper right and select Show Rubric.

Netiquette

• Be kind and respectful to others
• Use full sentences
• Avoid jargon and acronyms
• Use language that supports others