Description
Assignment Content
Analyze and assess the company’s business environment and organizational culture. Then you will describe and discuss how well the company’s employee total reward program supports the company’s strategy.
Choose the company of interest, and provide descriptive information about the company before the analysis.
It includes but is not limited to the following questions:
1.Descriptive Information about the Company
2.External Analysis of the Company: Competitors and Situation Analysis
3.Total Rewards Program DiscussionCompany strategy and total rewards
programs
Assignment Content
This assignment is designed to help you to analyze and assess the company’s business
environment and organizational culture. Then you will describe and discuss how well the
company’s employee total reward program supports the company’s strategy.
Choose the company of interest, and provide descriptive information about the company
before the analysis.
The assignment may be 6-8 pages in length with double-spaced in 12 font size. Please
include citations with APA style citation format if you use other sources. It includes but is
not limited to the following questions:
1.Descriptive Information about the Company
o Name of the Organization
o Vision, Mission, and Value of the company
o Target Customers: Who is the target customer (individual/company) of the
company?
o Company Description: How is the company organized: organizational structure and
culture
o Business Description/Products and Service Line: What products and services do
the company offer? Describe the products or services the company provides in
detail.
2.External Analysis of the Company: Competitors and Situation Analysis
o Competitors: Who are the major competitors in the market/same industry
o Situation analysis (e.g., SWOT Analysis, etc.): (IMPORTANT: You should relate
textbook benefit theories and concepts to situational analysis), please includes at
least:
o Strength: what is the company’s competitive advantage? e.g., internal resources?
Human resources? tangible assets such as intellectual property, capital property, and
technologies, etc.?
o Weaknesses: What are the things the company lacks? What are the things that your
competitors better than you? e.g., resource limitations? unclear unique selling
propositions? etc.
o Opportunity: What are underserved markets for specific products? Is there an
emerging need for your products or services?
o Threat: Who are emerging competitors? Are there any changes in the regulatory
environment? Is there negative press/media coverage? Is there a changing customer
attitude toward your company?
o
Core capabilities and strategy: What are the core capabilities of the company
based on SWOT analysis? What is the company’s business strategy? Does the
company’s business strategy is built around core capabilities?
3.Total Rewards Program Discussion
o Discuss the company’s compensation and benefit programs
o Compensation strategies (Fixed pay, variable pay, pay mix, etc.)
o Employer-sponsored retirement plans
o Employer-sponsored healthcare plans
o Employer-sponsored disability insurance and life insurance
o Paid time off and flexible work schedule benefits
o Accommodation and Enhancement benefits
o Analysis of business-rewards strategy match
o Does offering particular compensation and benefits programs support the alignment
of the company’s strategic business strategy?
o Suggestions (IMPORTANT: You should relate textbook benefit theories and
concepts to strategic suggestions)
o What is the optimal design?
o Lessons learned from this assignment
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