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Compensation and Reward Strategy - Winter 2024

HMG1
Fermé
Contact principal
Fanshawe College
Fanshawe College
London, Ontario, Canada
Rupinder Gill
Rupinder Gill
Professor of Human Resource Management
(1)
4
Chronologie
  • janvier 8, 2024
    Début de expérience
  • avril 12, 2024
    Fin de expérience
Expérience
1/1 match de projet
Dates fixées par le expérience
Entreprises privilégiées
Canada
Tout type de entreprise
N'importe qu'elle industrie

Portée de Expérience

Catégories
Analyse de la rémunération Structure organisationnelle Fidélisation des employés Avantages sociaux Santé et bien-être au travail
Compétences
labour market data analysis
Objectifs et capacités de apprenant.e.s

Looking to elevate your organization, and bring it to the next level? Bring on students from Fanshawe College to be your student-consultants, in a project-based experience. Students will work on one main project over the course of the semester, connecting with you as needed with virtual communication tools.

Students in this program will develop an understanding of the process, issues, and techniques involved in developing a compensation system. Students will learn both the theoretical and applied aspects of the compensation function; develop and recommend strategies that link the compensation function to the goals of the organization; as well as develop and recommend compensation and reward systems that are necessary to attract, retain and motivate the required workforce.

Apprenant.e.s

Apprenant.e.s
étudiant.e de cycle supérieur
Tout niveau
100 apprenant.e.s dans le programme
Projet
25 heures par apprenant.e.s
Les apprenant.e.s s'auto-attribuent
Équipes de 4
Résultats et livrables attendus

Deliverables are negotiable, and will seek to align the needs of the students and the organization.

Some final project deliverables might include:

  1. A 10-15 minute presentation on key findings and recommendations
  2. A detailed report including their research, analysis, insights and recommendations
Chronologie du projet
  • janvier 8, 2024
    Début de expérience
  • avril 12, 2024
    Fin de expérience

Exemples de projets

Students in groups of 4-5 will work with your company to identify your needs and provide actionable recommendations, based on their in-depth research and analysis.

Project activities that students can complete may include, but are not limited to:

  • Developing and recommending an effective compensation and reward plan to the organization.
  • Researching and analyzing the cost benefits that a reward and compensation plan has on an organization.
  • Recommending cost containment in regards to the compensation strategy
  • Developing base pay, performance pay and indirect pay systems in accordance with organizational goals. 5.) Design and develop a base pay structure, including pay grades and pay ranges using information from a job evaluation.
  • Conducting a market survey and analyze the results.
  • Making recommendations in relation to internal/external equity in regard to the compensation system.

Critères supplé mentaires pour entreprise

Les entreprises doivent répondre aux questions suivantes pour soumettre une demande de jumelage pour cette expérience:

  • Q1 - Case à cocher
  • Q2 - Case à cocher
  • Q3 - Case à cocher