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Determine how innovations in employee benefits can improve the overall competitive compensation strategy of the organization.

Determine how innovations in employee benefits can improve the overall competitive compensation strategy of the organization.

New and Improved Rewards at Work

Employers have been coming up with innovative employee rewards to boost morale and acknowledge employee needs for creativity and personal goal accomplishment. Some of the latest potential employee rewards include using the Internet at work for personal reasons such as shopping, communicating with friends, or personal finances; bringing a pet to work; instituting a controlled napping policy, and sports and office betting pools.

Write an eight- to ten-page paper in which you:

  1. Determine      how innovations in employee benefits can improve the overall competitive      compensation strategy of the organization. Top      Innovative Employee Benefits – Business Benefits Group ( Employee      Benefits And Compensation Ideas: A Guide (
  2. Explain      how innovative benefits could be tied to specific jobs. (Textbook chapters 14 and 15)
  3. Critique      the effectiveness of equity-based rewards systems versus those with more      creative approaches. (Textbook chapter 16)
  4. Discuss      the key elements of integrating innovation into a traditional total      rewards program. (Textbook chapter 20 and      maybe 21)
  5. Recommend      a process that optimizes an employee-based suggestion program to      continually refresh the total rewards of the organization. Hints: Implementing      a Successful Employee Suggestion Program | Vetter Blog ( Employee      Suggestion Systems |
  6. Use      at least five quality academic resources in this assignment. Note:      Wikipedia and other websites do not quality as academic resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.

The specific course learning outcome associated with this assignment is:

  • Determine      innovative approaches for optimizing employee benefits and rewards      systems.

Citations and References Using APA.pdf

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