Studentshare
Subjects
Human Resources
Design a total rewards program based on the organization that you have studied thus far in the course

Design a total rewards program based on the organization that you have studied thus far in the course - Essay Example

Summary

For this purpose they develop and implement different approaches and tools that are aimed to attract, motivate and retain employees within the…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER97.7% of users find it useful

Design a total rewards program based on the organization that you have studied thus far in the course

Read Text Preview

Subject: Human Resources
Type: Essay
Level: Masters
Pages: 4 (1000 words)
Downloads: 2
Author: stammmiguel

Extract of sample "Design a total rewards program based on the organization that you have studied thus far in the course"

Download file to see previous pages

ply goes to the scheme telling that organization wants to obtain productivity and outcome from its employees and in turn it will provide its employees valuable experience and reward. The following paper will represent the total reward program for the certain organization and will recommend changes to it. It will further assess and discuss the risks of implementing the program and the opportunities it can give to the organization. Certain metrics will be provided for evaluating the total rewards program.

For the Sport & Health fitness center it is vital to provide the best services for its clients through excellent work of their employees. As it puts into practice different activities that are connected with the health improvement, it should take into an account professionalism in the execution of its employees’ duties. The organization offers affordable services and is aimed on people from all occupations and life styles and involves everyone from children to the elderly. Since modern life cause people to feel stress more often, for some individuals it is also the monotonous and inactive life and going in for various sport and fitness centers will be the way out that will provide them healthy life.

These facts put fitness Centre in the forehand as one of the growing industries. However, the modern technologies and improvements in the recruitment spheres require deeper understanding of how such business should conduct its activities. Thus, Sport & Health fitness center experiences currently certain financial problems, as the technology is advancing and it requires better acquisition of more modern equipment. It is also facing the challenge that is connected with the people’s understanding of fitness and its role in their lives.

Along with it, the organization should revise its policy of providing service, as in the future it can face with the competition because health issue is obtaining more attention and thus more fitness establishments open its doors to

...Download file to see next pages Read More

Cite this document

APA
MLA
CHICAGO

(“Design a total rewards program based on the organization that you have Essay”, n.d.)
Design a total rewards program based on the organization that you have Essay. Retrieved from https://studentshare.org/human-resources/1660366-design-a-total-rewards-program-based-on-the-organization-that-you-have-studied-thus-far-in-the-course

(Design a Total Rewards Program Based on the Organization That You Have Essay)
Design a Total Rewards Program Based on the Organization That You Have Essay. https://studentshare.org/human-resources/1660366-design-a-total-rewards-program-based-on-the-organization-that-you-have-studied-thus-far-in-the-course.

“Design a Total Rewards Program Based on the Organization That You Have Essay”, n.d. https://studentshare.org/human-resources/1660366-design-a-total-rewards-program-based-on-the-organization-that-you-have-studied-thus-far-in-the-course.

Cited: 0 times

CHECK THESE SAMPLES OF Design a total rewards program based on the organization that you have studied thus far in the course

Assessing the Reward System of Adidas

Employees' efforts are indispensable in the success of the organization and any slight omission or factor that may cause employees dissatisfaction should be avoided.... Reward the employees who are most valuable to the organization.... the organization workers remuneration should reflect their value to the company.... Reward management is therefore concerned with formulating, implementing, and reviewing of the employee reward system to ensure that the employees' efforts are recognized in the attainment of the organization's goals (Redfern, 2009)....

10 Pages (2500 words) Case Study

Elements of Success in Lloyds

The question here is the way in which Lloyds TSB is utilizing total rewards.... Demographic changes have created the need for all employers to look at the bigger picture with job security no longer a guarantee and stock options apt to plummet in value.... It calls for non-financial rewards such as the opportunity to develop skills and have input into the work schedule.... Has Lloyds TSB Bank plc evolved in a way that will keep their organization in a growth mode, keeping up with changes as they occur?...

11 Pages (2750 words) Case Study

Adoption of Strategic Human Resource Policies and Practices at Watson Rothwell Fabrications

One fact that is becoming globally acceptable is that one of the keys to successful organizational performance is the people within the organization and the management systems that harness their talents and capabilities.... (Pg 836) There is a need to set a limit in the minds of those who are responsible for these results on how things should be done in the work environment; otherwise, there will not be legal liabilities consequent upon acting based on discretion and personal feelings....

11 Pages (2750 words) Case Study

The Relationship between Timberland and City Year

Since 1991, Timberland took on a new commitment to community service when the third generation, Jeffrey Swartz, took over control of the organization.... The idea was to add an ideological bent to the Timberland brand name so as to associate the organization, not only with quality boots, but with ideals of community service.... When Jeffery Swartz took over in 1991, he applied some basic business expertise to the organization, reducing overheads, cutting inventory, and improving customer service significantly....

10 Pages (2500 words) Case Study

Total Rewards Program

It is therefore important for an insurance firm to have a wide network of sales agents who will push its insurance policies, preferably exclusively with... It is also a very competitive industry, with many players or insurers (insurance firms offering coverage) that compete for the insurance payments (premiums) of those who buy insurance policies… In its simplest sense, insurance coverage is a way to protect or hedge against any probable loss, which is uncertain but a contingent loss....

5 Pages (1250 words) Case Study

Reward Management in GE Organization

Of course, those who can not make the grade at GE are quickly shown the exit.... But uniquely, GE does not have a clearly articulated mission statement.... However, it does have a set of corporate values.... The paper "Reward Management in GE organization" discusses that organizations who realize the importance of it HR assets will stand out strongly against its competitors because the right focus can be placed in employee motivation and reward management....

16 Pages (4000 words) Case Study

Reward System and Productivity of Employees in Health Care Organizations

This paper "Reward System and Productivity of Employees in Health Care Organizations" discusses the expected behaviors for health care organizations based on the theories of Hunt, Herschel, and Maslow and how the managers could introduce an effective reward system.... When a company designs its rewards or incentives every member of the organization must be measured to obtain the profit of the arrangement.... The theory holds that the general physiological needs (safety, love, and esteem) have to be fulfilled before a person becomes motivated to satisfy future needs....

9 Pages (2250 words) Case Study

Systematic Procedure for Encouraging the Leadership Qualities

The dimensions of participative and stewardship reflect an above average score of three and this shows that our supervisors not only helped work in a participative work environment but also worked as the protector of the resources both human and technological in regards to the organization (Nolan, 1998, p.... Our supervisors thus tried to explain the aspects of the work to us to help enhance our abilities to be more ready with the task assigned (Leadership, n....

21 Pages (5250 words) Case Study