Discuss the general goals of an organization’s compensation system, including how a compensation strategy works to support the organization’s business strategy.


devry hrm430 week 1 discussion dq 1& dq 2

dq 1

Compensation System (graded)
Discuss the general goals of an organization’s compensation system, including how a compensation strategy works to support the organization’s business strategy.

dq 2

Unions and Compensation (graded)
Explain how you would partner with a union in creating a compensation strategy (you do not have to have worked in a union or been a union member to respond to this question). Describe how the FLSA, union, and employer work together in support of employee wages.

devry hrm430 week 2 discussion dq 1& dq 2

dq 1

Merit Pay (graded)
Define the concept of merit pay and the advantages and limitations of a merit pay system.

dq 2

Incentive Plans (graded)
Discuss how incentive pay plans, both individual and group, motivate employees to achieve high levels of performance. Offer one individual and group incentive pay strategy that would work best in your organization.

devry hrm430 week 3 discussion dq 1& dq 2

dq 1

Market Competitive System (graded)
Discuss the basic building blocks of a market competitive pay system, including the relationship between internal and external equity.

dq 2

Job Evaluation (graded)
Provide a brief overview of the job evaluation process, including the importance of compensable factors. Detail the compensable factors of a position you are familiar with and their impact on that position’s salary.

devry hrm430 week 4 discussion dq 1& dq 2

dq 1

Legally Required Benefits (graded)
Provide a general overview of legally required benefits, including their purpose in society.

dq 2

Role of Benefits (graded)
Discuss the role of benefits in compensation. Review the primary reasons an organization provides benefits to its employees; predict future trends in relation to employee benefits.

devry hrm430 week 5 discussion dq 1& dq 2

dq 1

Employee Benefits (graded)
Employers offer a large variety of benefits. In recent years, we have seen some of those benefit offerings reduced. What benefit trends are you seeing with employers? What impact do you feel these changes will have long term?

dq 2

Retirement Programs (graded)
In the United States, we have seen a trend towards defined compensation programs from defined benefit programs. Many employers have moved in this direction to help them be more competitive. What are some reasons that these benefit programs are offered? How are they designed? What are some trends that you see with the design of the programs?

devry hrm430 week 6 discussion dq 1& dq 2


Executive Pay (graded)
Contrast executive pay with nonexecutive pay, including a discussion on executive core and deferred compensation packages.

dq 2

Contingent Workers (graded)
Contingent workers are assuming a greater role in today’s organization. With that as a background, discuss compensation and benefit issues associated with the following workers: part time, temporary, independent, and flexible/telecommuting.

devry hrm430 week 7 discussion dq 1& dq 2

dq 1

Compensating Expatriates (graded)
Companies have a variety of factors to consider when looking at compensating expatriates. What goes into this discussion? What are some common methods of payment, and how are they used?

dq 2

Benefits in Other Countries (graded)

Compare the benefits provided within the United States to those offered in other countries. What is different in terms of benefit offerings and benefits funding?

HRM 430 Week 4 midterm

  1. Question : (TCO 1) What is a cooperative effort between employees and their employers to promote rewarding work experiences throughout employees’ work lives called?
    Employment termination

Career development

Labor-management relations


  1. Question : (TCO 4) These are four pay-for-knowledge programs.
    Cross-departmental training systems, skill blocks model, job-point accrual model, breadth-of-skills model

Stair-step model, skill blocks model, job-point accrual model, cross-departmental training systems

Job-point accrual model, cross-sectional training system, stair-step model, skill blocks model

Cross-skills training system, stair-step model, job-point accrual model, skill blocks model

Question 4. Question : (TCO 4) Which of the following are the main reasons for the increased costs associated with pay-for-knowledge programs?

Increased compensation benefits, higher training costs, increased overhead costs

Higher payroll costs, increased overhead costs, higher training costs

Increased overhead costs, increased compensation benefits, higher payroll costs

Increased compensation benefits, higher training costs, and higher payroll costs

Question 7. Question : (TCO 8) These profit-sharing plans award cash to employees on a quarterly or annual basis as part of their regular compensation.

Current profit-sharing plans

Anticipated profit-sharing plans

Deferred profit-sharing plans

Recent profit-sharing plans

Course project


One of the most exciting, interesting, and rewarding aspects of this course is the Course Project. This project, due in final form in Week 7, is worth 25% of your grade. Because of its importance in this course, and the fantastic learning experience that it offers students, additional information is presented below, including a description of the short paper (a brief overview of your project) due in Week 2.

The course project relates to the compensation and benefit strategy of an organization. Students will select an organization that is experiencing challenges with its compensation and/or benefit program. Some examples where challenges exist within the organization’s compensation and benefit plan could include a high rate of employee turnover, an inability to recruit talented employees due to lack of proper compensation, an inability to fund an adequate benefit program, an incentive program where few employees reach their objectives, an inadequately funded retirement system, or a retirement plan that does not offer proper investment choices. Your paper will be graded according to how well you meet the tasks below.

  1. Follow proper APA style/citations, grammar and punctuation, and so on. An APA tutorial is located on the HUB for assistance.
  2. Identify an organization with compensation or benefits challenges. It could be an organization with which you are familiar personally or through the media.
  3. Provide a detailed review of the compensation and/or benefit challenge (problem) at the organization. It is recommended that you concentrate on the principle compensation and/or benefit challenge(s) within a single organization, rather than a number of less important issues. Be careful to avoid selecting a topic that is too broad. At the same time, the challenge facing the organization should be broad enough to provide multiple strategies to help resolve the problem.
  4. Discuss the compensation and/or benefits strategies other organizations have utilized related to your challenge, along with a review of their success and failure. As an example, if you are interested in an employee assistance program and why usage is less than expected, detail the strategies other organizations have followed to improve participation and see a return on their investment. Information regarding other organizations should be gathered through a research process and consist with academic-quality materials rather than word-of-mouth information.
  5. Recommend the strategy you propose the organization should follow to address its compensation and/or benefit challenge. Explain why you have selected this strategy. Include research (theory) to substantiate your selection.
  6. Discuss impediments to this strategy, including any contingency plans that should be considered.
  7. Finally, detail how the strategy you propose would address the organization’s challenge (as detailed in step 2 above) and its impact on both the organization and the employee. Include specific items that should be included in the action plan.


Due Week 2:Write a one-page (250–300 words) overview about the company and detail the compensation and/or benefit issue(s) you selected for your Course Project. This refers to items 2 and 3 items listed under Course Project Overview above. This short paper is worth 50 points.

Due Week 7:The Course Project is due. The project should be 1,200–1,800 words, excluding title and reference page. It should include items 1–7 as listed under Course Project Overview above. The Course Project is worth 200 points.

HRM 430 week 3 assignment

Your assignment is to write a short paper (500–750 words) defining compensation, compensation philosophy, and critical components of a compensation strategy. Provide one solid example of an effective compensation practice/policy. Your paper will be graded on the following:

definition of compensation;

overview of compensation philosophy;

critical components of a compensation strategy; and

example of an effective compensation practice/policy.

Your paper must be prepared utilizing the APA format and should include external, academic-quality references. See the Syllabus section “Due Dates for Assignments & Exams” for due date information.

Submit your assignment to the Dropbox, located at the top of this page. For instructions on how to use the Dropbox, read these step-by-step instructions.