In this assignment, you will use your textbook and the independent research you

In this assignment, you will use your textbook and the independent research you conduct to determine the components of an effective compensation plan, one that includes more than just base salary. Specifically, you will write a 4–6 page paper in which you:
Research the components of an effective compensation plan.
Determine the most beneficial ratio of internally consistent and market consistent compensation systems.Be sure your narrative is in your own words.
Research the methods companies use to assess employee satisfaction with their pay structure.
Outline how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive.
Recommend two high-value discretionary benefits to employees.Be sure to include your rationale for selecting these high-value discretionary benefits as opposed to others.
Integrate at least three quality resources using in-text citations and a reference page in your assignment.Note: Wikipedia and similar websites do not qualify as quality resources.
The previous week’s assignment preparation activity provides some suggested resources to help you begin your research. It also provides resources on avoiding plagiarism, appropriately integrating sources into your assignment, and using the Strayer Writing Standards.
Format your assignment according to the following formatting requirements:This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Determine the components of an effective compensation plan, including discretionary benefits.
View Rubric
Week 8 Assignment – Effective Compensation Plans
Week 8 Assignment – Effective Compensation Plans
CriteriaRatingsPts
Research the components of an effective compensation plan.28.5 to >25.65 pts
Exemplary
Thoroughly researched the components of an effective compensation plan.25.65 to >22.8 pts
Competent
Satisfactorily researched the components of an effective compensation plan.22.8 to >19.95 pts
Satisfactory
Partially researched the components of an effective compensation plan.19.95 to >17.1 pts
Needs Improvement
Insufficiently researched the components of an effective compensation plan.17.1 to >0 pts
Unacceptable
Did not submit or incompletely researched the components of an effective compensation plan./ 28.5 pts
Determine the most beneficial ratio of internally consistent and market consistent compensation systems.
28.5 to >25.65 pts
Exemplary
Thoroughly determined the most beneficial ratio of internally consistent and market consistent compensation systems.25.65 to >22.8 pts
Competent
Satisfactorily determined the most beneficial ratio of internally consistent and market consistent compensation systems.22.8 to >19.95 pts
Satisfactory
Partially determined the most beneficial ratio of internally consistent and market consistent compensation systems.19.95 to >17.1 pts
Needs Improvement
Insufficiently determined the most beneficial ratio of internally consistent and market consistent compensation systems.17.1 to >0 pts
Unacceptable
Did not submit or incompletely determined the most beneficial ratio of internally consistent and market consistent compensation systems./ 28.5 pts
Research the methods companies use to assess employee satisfaction with their pay structure.
38 to >34.2 pts
Exemplary
Thoroughly researched the methods companies use to assess employee satisfaction with their pay structure.34.2 to >30.4 pts
Competent
Satisfactorily researched the methods companies use to assess employee satisfaction with their pay structure.30.4 to >26.6 pts
Satisfactory
Partially researched the methods companies use to assess employee satisfaction with their pay structure.26.6 to >22.8 pts
Needs Improvement
Insufficiently researched the methods companies use to assess employee satisfaction with their pay structure.22.8 to >0 pts
Unacceptable
Did not submit or incompletely researched the methods companies use to assess employee satisfaction with their pay structure./ 38 pts
Outline how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive.
38 to >34.2 pts
Exemplary
Thoroughly outlined how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive.34.2 to >30.4 pts
Competent
Satisfactorily outlined how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive.30.4 to >26.6 pts
Satisfactory
.Partially outlined how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive.26.6 to >22.8 pts
Needs Improvement
Insufficiently outlined how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive.22.8 to >0 pts
Unacceptable
Did not submit or incompletely outlined how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive./ 38 pts
Recommend two high-value discretionary benefits to employees.
28.5 to >25.65 pts
Exemplary
Thoroughly recommended two high-value discretionary benefits to employees.25.65 to >22.8 pts
Competent
Satisfactorily recommended two high-value discretionary benefits to employees.22.8 to >19.95 pts
Satisfactory
Partially recommended two high-value discretionary benefits to employees.19.95 to >17.1 pts
Needs Improvement
Insufficiently recommended two high-value discretionary benefits to employees.17.1 to >0 pts
Unacceptable
Did not submit or incompletely recommended two high-value discretionary benefits to employees./ 28.5 pts
Integrate 3 quality references.
9.5 to >8.55 pts
Exemplary
Exceeds number of required references; all references high quality choices.8.55 to >7.6 pts
Competent
Meets number of required references; all references high quality choices.7.6 to >6.65 pts
Satisfactory
Does not meet the required number of references; some references poor quality choices.6.65 to >5.7 pts
Needs Improvement
Does not meet the required number of references; all references poor quality choices.5.7 to >0 pts
Unacceptable
No references provided./ 9.5 pts
Clarity, writing mechanics, and SWS formatting requirements.
19 to >17.1 pts
Exemplary
0–2 errors present.17.1 to >15.2 pts
Competent
3–4 errors present.15.2 to >13.3 pts
Satisfactory
5–6 errors present.13.3 to >11.4 pts
Needs Improvement
7–8 errors present.11.4 to >0 pts
Unacceptable
More than 8 errors present./ 19 pts
Total Points: 0