HRM 200 Project Two Guidelines and Rubric Competency In this project, you will demonstrate your mastery of the foll Bycharles muchiri October 13, 2023 HRM 200 Project Two Guidelines and Rubric Competency In this project, you will demonstrate your mastery of the following competency: Explain the purpose and use of total rewards Scenario You are a human resources professional who works for a start-up company. As is typical for a start-up, the company needs to offset the costs of starting a new business with lower compensation. They intend to do this by designing a new total rewards package. Total rewards packages can be used to attract and retain talent by offering them desirable benefits in addition to their salary. Your manager has asked for your input on what to include in the new package. Senior management is concerned that the current total rewards package is not attractive enough to a distributed workforce. Your manager has tasked you with creating a proposal summary that will contain your recommendations for a new total rewards program. You will include a brief overview of a total rewards package and its purpose, as well as why it adds value to the company. Your manager will use these recommendations in their presentation to senior management. Directions Create a proposal summary that will contain your recommendations for a total rewards program. Use the Project Two Template, provided in the What to Submit section, for your proposal summary. You will include four suggested total rewards components for the new program in the Talent Retention section of your document. Each component should contain the title of the item, describe what it is, and explain why this component would be attractive to current and prospective employees. You should summarize your proposal with an explanation of the employee value proposition (EVA) and how it relates to total rewards. Specifically, you must address the following rubric criteria: Total Rewards: Define the concept of total rewards and its purpose. Explain why a company would use a total rewards package. Discuss how total rewards is important for employee retention. Discuss why total rewards packages are valuable to an employer. Total Rewards Package: Explain the components of a total rewards package. Describe the different parts of a total rewards package and what value they bring to the company. Differentiate between monetary and non-monetary rewards. Talent Retention: Explain how total rewards components are used to attract and retain talent. Give four examples of suggested total rewards components and why they might be attractive to an employee. Consider how additional incentives might affect talent retention. Employee Value Proposition: Explain the concept of EVP and its relation to total rewards. What to Submit To complete this project, you must submit the following: Total Rewards Proposal Submit this assignment as a Word document, 2 to 3 pages in length. Use double spacing, 12-point Times New Roman font, and one-inch margins. Consult the Shapiro Library APA Style Guide for more information on citations; you can access Shapiro Library resources through the Academic Support area of the course. Sources should be cited according to APA style. The following resource supports your work on the project: Template: Project Two Template Use this template to create your document. Textbook: Fundamentals of Human Resource Management, Chapter 9 opens in new window, sections LO 9.1, LO 9.2, LO 9.3, and LO 9.4  In these sections, you will learn about the elements of high-performance work systems and their desired outcomes. You will discover how ideal conditions work together in organizations with high performance and how HR professionals can contribute to those work systems. As you read, consider the following:  How do all the elements of high-performance work systems work together to achieve a company’s goals?  What are the desired outcomes of a high-performance work system?  Why do HR professionals need to contribute to high performance?  Reading: Employee Value Proposition: The Complete Guide to Building a Great EVP opens in new window The employee value proposition is an employee-centered approach to evaluating total rewards provided to an organization’s workforce in return for their performance outcomes. As you read, consider the following:  What is an EVP?  Why is EVP important to both the organization and employee?  How does EVP impact high-performance work systems?  Video: Components of an Outstanding Employer Value Proposition opens in new window (3:27)  This video presents what goes into a successful EVP and includes a real-world industry example. As you watch, consider the following:  What should HR include when designing an EVP?  Why would marketing and HR join forces to communicate EVP?  How can HR use employee perspectives about the organization to craft an EVP?  A captioned version of this video is available: Components of an Outstanding Employer Value Proposition (CC) opens in new window.   A video transcript is available: Transcript for Components of an Outstanding Employer Value Proposition opens in new window.       Post navigation Previous Previous   Instructions Create a VBScript script (w2_firstname_lastname.vbs) that takes 3 parametersNextContinue Your Skills … Their Business Need Identify one employer in your area that you could see yourself working for (Cisco). This should be a new employer that you haven’t worked for in the past Similar Posts Uncategorized This module, we discussed what makes quality research. Peruse your current news feed from your favorite social media account (if you do not use social media, search ‘news in science’ or something similar). Select an article based Bycharles muchiri January 11, 2024  This module, we discussed what makes quality research. Peruse your current news feed from your favorite social media account (if you do not use social media, search “news in science” or something similar). Select an article based on a “discovery” or scientific claim and evaluate it based on the “Rough Guide to Spotting Bad Science”…. Read More This module, we discussed what makes quality research. Peruse your current news feed from your favorite social media account (if you do not use social media, search ‘news in science’ or something similar). Select an article basedContinue Uncategorized Home>Homework Answsers>Architecture and Design homework help Identify a nonlinear presentation tools such as Prezi? What do you consider the strengths and weaknesses of this approach? Bycharles muchiri January 5, 2024 Home>Homework Answsers>Architecture and Design homework help  Identify a nonlinear presentation tools such as Prezi? What do you consider the strengths and weaknesses of this approach?   Read More Home>Homework Answsers>Architecture and Design homework help Identify a nonlinear presentation tools such as Prezi? What do you consider the strengths and weaknesses of this approach?Continue Uncategorized A 61-year-old Black male with a history of hypertension presents to your clinic for complaints of headaches and blurred vision x 4 days. He denies any weakness, numbness, chest pain, shortne Bycharles muchiri October 13, 2023 A 61-year-old Black male with a history of hypertension presents to your clinic for complaints of headaches and blurred vision x 4 days. He denies any weakness, numbness, chest pain, shortness of breath, palpitations, or recent, illicit drug use. He states he has been compliant with his medications (hydrochlorothiazide and metoprolol), and he took his… Read More A 61-year-old Black male with a history of hypertension presents to your clinic for complaints of headaches and blurred vision x 4 days. He denies any weakness, numbness, chest pain, shortneContinue Uncategorized Assume the role of the CEO/Executive Director of an agency that has lost a major contract/grant, and you are expecting substantial budget cuts for the upcoming year. Provide three different realistic options that should be conside Bycharles muchiri December 7, 2023   Assume the role of the CEO/Executive Director of an agency that has lost a major contract/grant, and you are expecting substantial budget cuts for the upcoming year. Provide three different realistic options that should be considered in deciding how to deal with the budget deficit    Read More Assume the role of the CEO/Executive Director of an agency that has lost a major contract/grant, and you are expecting substantial budget cuts for the upcoming year. Provide three different realistic options that should be consideContinue Uncategorized you will select one crime that interests you. You will research that crime, detail its typology (origin), identify the most likely victims of the crime, define which theory of criminology the crime best fits and explain how, resea Bycharles muchiri January 5, 2024  you will select one crime that interests you. You will research that crime, detail its typology (origin), identify the most likely victims of the crime, define which theory of criminology the crime best fits and explain how, research the current prevalence of that crime, its most common location and current deterrence strategies.  Read More you will select one crime that interests you. You will research that crime, detail its typology (origin), identify the most likely victims of the crime, define which theory of criminology the crime best fits and explain how, reseaContinue Uncategorized discuss 150 words apa references The prevalence of non-communicable diseases (NCDs) is rising rapidly in low-income countries due to social inequities and poor access to healthcare services. Cardiovascular diseases and diabetes ar Bycharles muchiri January 5, 2024  discuss 150 words apa references The prevalence of non-communicable diseases (NCDs) is rising rapidly in low-income countries due to social inequities and poor access to healthcare services. Cardiovascular diseases and diabetes are two of the most complex and grossly neglected diseases. Poverty, inequalities, and poor access to health contribute to a steady increase in comorbidities… Read More discuss 150 words apa references The prevalence of non-communicable diseases (NCDs) is rising rapidly in low-income countries due to social inequities and poor access to healthcare services. Cardiovascular diseases and diabetes arContinue Recent Posts 1. Post an explanation of the results of your literature review and the connection to your practice problem. Then, explain your synthesis of evidence on which to base a practice change, and the need for a practice change initiativ For this week’s assignment respond to one of the following options, and include Option 1, 2, or 3 as part of your heading. Option 1: The first option is to name and describe in detail a key specific and recent healthcare technolog Reply if you agree or disagree with the following post. 200 words. Theory of Unpleasant Symptoms (TOUS)       Every day in practice as a nurse, whether in hospitals, clinics, or any place where a patient is assessed. 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