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Ashford 6: – Week 5 (Mar 18 – Mar 24)
Week Five Learning Outcomes
This week students will:
Overview
Assignment Due Date Format Grading Percent Discussion 1: Executive vs. Non-executive Pay Day 3
(1st post)Discussion 3 Discussion 2: Contingent Workers Day 3
(1st post)Discussion 3 Assignment: Compensation Philosophy Day 7 Written Assignment 7
Readings
Recommended Readings
Discussions
To participate in the following discussions, go to this week’s Discussion link in the left navigation.
Assignment
To complete the following assignment, go to this week’s Assignment link in the left navigation.
Compensation Philosophy
In a 3-5 page paper, outline the current compensation philosophy for your organization. Evaluate this current philosophy and propose ways to enhance or revamp the current compensation philosophy to meet the changing needs of the organization and its employees. Identify key factors within the internal and external environment including the mission and strategic focus of the organization, as well as the financial and cultural aspects of your organization (i.e., you cannot have a compensation philosophy where you “lead” the market if your organization does not have the financial resources) that should influence this philosophy. The proposed philosophy itself should be no more than a short paragraph. The remaining portion of your paper should be devoted to supporting your choice of that philosophy within your chosen organization by identifying the key factors that should contribute to its development.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.
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