CM Essay I - Management
Imagine you own or manage a company. Your company recently completed a strengths, weaknesses, opportunites, and threats (SWOT) analysis, and the board of directors is looking to revise the company’s compensation program. Doing so will help keep the company competitive in attracting new talent. As part of the human resources department, you were asked to draft an essay describing how compensation programs are developed and how laws can affect compensation practices.
Your essay should be a minimum of two pages in length, using at least your textbook as a source. Be sure that your essay includes the following elements:
In your introduction, create a fictitious name for your company, and include some basic background information such as where the company is located, when it was founded, and how many employees work at the company. Do not use an actual company for this essay.
Describe issues that influence an individual’s decision to apply for or accept a specific job at your company.
Explain how compensation plans can influence the success of your organization.
Explore how influences outside your organization can affect its compensation plan.
Describe the provisions of the Civil Rights Act of 1964, the Bennett Amendment, and Executive Order 11246, and explain why these were implemented and how they affect your company.
Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.
Textbook:
Martocchio, J. J. (2020). Strategic compensation: A human resource management approach (10th ed.). Pearson. https://online.vitalsource.com/#/books/9780135201930Running head: TITLE OF ESSAY 1
Title of Essay
Name
University
SAMPLE FORMAL ESSAY
This is the running head. The words “Running head:”
should only appear on the title page. On all subsequent
pages, the header should consist of the title in all
capital letters. Be sure that the title within the running
head is 50 characters or less including spaces.
Paper Format
1 inch margins
Double spacing
Suggested font-Times New Roman 12 pt.
Paragraphs indented .5 inch (usually default Tab)
TITLE OF ESSAY 2
Title of Essay
There are key elements that are necessary to be successful in online learning as well as
with most careers. These skills are useful for those in roles of leadership to maintain order and
productivity. In my career as a training coordinator, skills such as organization, time
management, and communication are paramount.
Organization is an optimal skill to help efficiency. It is a necessary ability that enhances
learning through orderly schoolwork and increases productivity in one’s job through systematic
documentation. This process allows for files and documents to be arranged so that they can be
easily accessed (Hamilton, 2013). Paperwork organization allows for training documents to be
updated and placed in specific binders for dissemination to team members. Additionally, it is
imperative to keep email files organized so that tasks are not forgotten or overlooked. Just as
years ago when paper mail had to be sorted, email must be sorted or grouped into appropriate
folders (Weber & Horn, 2011). Great organization skills make keeping and accessing
information efficient.
Time management is an element or skill that allows employees as well as students to get
the most out of the allotted time. “It’s been estimated that reading, responding, and doing
something with business e-mail can consume two to four hours each and every day!” (Weber &
Horn, 2011, p. 33). Prioritizing tasks and scheduling events allow one to maximize productivity
(Hamilton, 2013). When time is scheduled and work is ordered, the most important things get
done first. It does not matter if an unexpected meeting is called; the imperative jobs have been
accomplished or planned. Highlighting the most important tasks ensures that those take first
place and do not get overlooked in a rush. Along with time management comes the ability to be
flexible. Flexibility allows for rearrangement of schedules to make sure all responsibilities are
When paraphrasing information, text citations should
include the author(s) and the year of publication.
Direct quotations require the listing of the author(s),
year of publication, and the page or paragraph number.
This is the running head.
Center the full title of the
document. Not Boldface.
TITLE OF ESSAY 3
taken care of in an acceptable amount of time. Effective time management is a constantly
evolving skilMHR 6901, Compensation Management 1
Course Learning Outcomes for Unit I
Upon completion of this unit, students should be able to:
1. Discuss the role of employees, employers, unions, and the government in the development of
compensation programs.
1.1 Describe issues that influence an individual’s decision to apply for or accept a specific job.
1.2 Explain how compensation plans can influence the success of an organization.
1.3 Explore how influences outside an organization can affect its compensation plan.
2. Assess the impact of the Civil Rights Act of 1964, the Bennett Amendment, and Executive Order
11246 on compensation practices.
2.1 Outline the provisions of the Civil Rights Act of 1964, the Bennett Amendment, and
Executive Order 11246.
2.2 Establish the reasons why the Civil Rights Act of 1964, the Bennett Amendment, and
Executive Order 11246 were implemented.
Course/Unit
Learning Outcomes
Learning Activity
1.1
Unit Lesson
Chapter 1
Chapter 2
Unit I Essay
1.2
Unit Lesson
Chapter 1
Chapter 2
Unit I Essay
1.3
Unit Lesson
Chapter 1
Chapter 2
Unit I Essay
2.1
Unit Lesson
Chapter 1
Chapter 2
Unit I Essay
2.2
Unit Lesson
Chapter 1
Chapter 2
Unit I Essay
Required Unit Resources
Chapter 1: Strategic Compensation: A Component of Human Resource Systems
Chapter 2: Contextual Influences on Compensation Practice
UNIT I STUDY GUIDE
Strategic Compensation
MHR 6901, Compensation Management 2
UNIT x STUDY GUIDE
Title
Unit Lesson
Hello, and welcome to this course. This course is an introduction to the area of compensation management.
This course looks at how compensation is developed, evaluated, and managed within an organization. You
will examine different theories of compensation management, why employees and non-employees are paid,
the manner in which they are paid, and different types of pay programs.
This course will be broken down into six different parts, which include strategic compensation, bases for
pay, designing compensation systems, employee benefits, compensation challenges, and compensation
issues around the world. When studying bases for pay, you will look at the traditional bases of pay, which
include merit pay, seniority pay, incentive pay, and person-focused pay. You will review pay systems that
recognize employee contributions, are internally consistent, and are competitive within the market. When
reviewing employee benefits, you will review both discretionary benefits and legally required benefits.
Compensation challenges will include the controversy surrounding executive compensation in the United
States and paying contingent or flexible employees. Finally, you will address compensation systems around
the word and compensating expatriates. As you can see, a wide array of compensation issues are present
in today’s workforce.
In this unit, we will concentrate on strategic compensation and some influences on compensa
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After the components sending to the manufacturing house
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