HRM 590 Week 7 Final Course Project Compensation Decisions
Final Course Project Submission: Compensation Decisions – Due Week 7
Purpose: In Weeks 3 and 5, you submitted information to help you in completing the final project. Feedback was provided to assist you in maximizing points earned on this final paper. To properly complete this final project, you must include the feedback provided to apply to this final paper. The purpose of this assignment is to apply your critical thinking skills in completing the employee process from job analysis to compensation based on performance. You are now going to make compensation decisions.
Share how you would compensate each of the employees with the budget dollars provided (see Compensation Template in Doc Sharing). You must provide substantiation for your salary decisions. Even with the decisions you make, what might be some consequences? Input your decisions into the template. Include your risk analysis.
Then, write a 6–10 page paper providing an overall review of the entire process created from job analysis to compensation. Would you change anything in your process at this point? Why? Why not? Include four scholarly resources related to compensation: two articles focused on general compensation and two articles on making compensation decisions. Do not use any verbiage/portion of your previously submitted Literature Review for Written Assignments 1 or 2. This Literature Review should be original to this final project assignment.
Follow Guidelines and Best Practices sections.
Submit the following:
1. Compensation decisions with substantiation and risk analysis (100 points)
2. Literature review (100 points)
3. Readability (20 points)
Total Points: 220