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Unit 5 Project Topic B

Unit 5 Project Topic B

Q Introduction The course project is a series of elements where students will examine an organization's current compensation and benefits system. Students selected an organization and training topic in Unit 1 (ungraded but subject to approval) and will submit different elements in Units 3, 5, and 6. In the final component of the training program, students will provide recommendations to the organization on how the compensation program can be improved. Students will compile this work and submit the completed plan and recommendations in Unit 8. Directions Analyze the current state of the compensation system and address pay-for-performance and benefits. Reference should be made to individual and group incentives, performance appraisals, legally mandated benefits, optional benefits, and benefit determination process. (Note: Do not copy-paste the benefits offered). Submission Requirements • The body of the paper must be 4-5 pages—this does not include extraneous pages like the title page, reference page, and appendices. • A minimum of 5 scholarly resources is required. Course materials and personal experience do not count. An example of a scholarly resource can be an interview with an HR professional or a peer-reviewed article from a Park University Library Journal Database. • A formal, third-person tone is required. • Supplemental information (e.g., worksheets that are currently being used) can be presented in Appendices but does not count toward the body of the paper. • APA formatting standards are required. Note: Recommendations should not be made at this point— this is an analysis of current standing. However, if an organization does not have a set structure, the paper does not end at that point. Students need to include a discussion of the different methods that could be used. Again, recommendations will be made in Unit 8. Due Date • by 11:59 p.m., Sunday, CT. The following content is partner provided

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The assignment will focus on analyzing Starbucks's current compensation system and addressing the company's pay-for-performance strategy. This assignment is the continuation of the previous assignment, where the benefits of the employees were listed. The company's compensation plan can be divided into 2 categories, financial and non-financial rewards; both will be analyzed differently in this assignment. Starbucks corporation is a company recognized for its special coffee brand, a world-known company with above 9000 outlets and large numbers of employees across the world. The company has introduced different policies to running its operations, satisfying the customers, and remains one of the best in the coffee production industry.