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You are the Vice President of Human Resources and have been given six months to design and implement a Pay-for-Performance Incentive Reward Program for all employees, including senior management. Design and support your program knowing that it must seem fair and equitable to all employees and should provide proper motivation to achieve organizational goals. Also indicate what rewards will be given for what specific performance outcomes.
You may assume any other details that you wish, such as type of work performed, level of employees receiving payouts, varying payouts by organizational, unit or individual performance, but they must be defined within the paper. To begin this assignment, it may help to think of a hypothetical company or industry to provide a setting for your target audience. You should include the following in your program:
Along with your paper, provide a 1-2 page handout that visually displays your program to entice excitement and interest from all levels of employees. Your handout may be provided in a PowerPoint, Publisher or any other format that gives a detailed visual of your written program.
Support your paper with a minimum of three (3) resources, which may include your required text. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages plus 1-2 page handout, but not including title and reference pages
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