Human Resource Assignment: Structuring Alternatives to Escalating Pay

It is clear from the numerous articles on global pay and benefits that competition for talent is as vigorous as the pay and benefits. What could you offer as an alternative to escalating pay?

Keep in mind that some consultants advocate for strong brand recognition as a strategy to compensate talent. They will be able to attract and retain the most qualified and experienced people with appealing work environments and salary and benefits packages that reflect the contemporary world of work. How will these dynamics affect the new global marketplace?

In one to two pages, address the required elements discussed above, and also refer to the Structuring Alternatives to Escalating Pay Scoring Guide to ensure you have met all the requirements of the assignment. Once you have completed the assignment, submit your paper in the assignment area.

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CapellaUniversity Rubric Tool

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It is clear from the numerous articles on global pay and benefits that competition for talent is as vigorous as the pay and benefits. What could you offer as an alternative to escalating pay?

Keep in mind that some consultants advocate for strong brand recognition as a strategy to compensate talent. They will be able to attract and retain the most qualified and experienced people with appealing work environments and salary and benefits packages that reflect the contemporary world of work. How will these dynamics affect the new global marketplace?

In one to two pages, address the required elements discussed above, and also refer to the Structuring Alternatives to Escalating Pay Scoring Guide to ensure you have met all the requirements of the assignment. Once you have completed the assignment, submit your paper in the assignment area.

Explain methods to attract and retain top talent excluding an increase of pay.

(33%)

[Competency]

Analyze HR strategies to attract and retain qualified talent in multinational organizations.

Develop compensation packages, excluding increasing pay, that reflect the modern reality of the workplace.

(33%)

[Competency]

Evaluate best HR policies and practices that support multinational organizations.

 

Explain how creative compensation packages may affect the global economy.

(34%)

[Competency]

Analyze strategies for consistent HR global policy administration.

 

Criteria	Non-performance	Basic	Proficient	Distinguished	Comments
Does not identify methods to attract and retain top talent excluding an increase of pay.	Identifies, but does not explain, methods to attract and retain top talent excluding an increase of pay.	Explains methods to attract and retain top talent excluding an increase of pay.	Explains methods to attract and retain top talent excluding an increase of pay and provides a rationale for the methods.
Does not describe compensation packages, excluding increasing pay, that reflect the modern reality of the workplace.	Describes compensation packages, excluding increasing pay, but does not consider the modern reality of the workplace.	Develops compensation packages, excluding increasing pay, that reflect the modern reality of the workplace.	Develops compensation packages, excluding increasing pay, that reflect the modern reality of the workplace and provides examples of the compensation packages and modern reality of the workplace.
Does not outline how creative compensation packages may affect the global economy.	Outlines, but does not fully explain, how creative compensation packages may affect the global economy.	Explains how creative compensation packages may affect the global economy.	Explains how creative compensation packages may affect the global economy and provides examples.