- Based on your experience developing a Total Rewards strategy for this course, what advice would you give HR professionals when undertaking such a task, e.g., what guiding principles should they be aware of? How much time should they allot for such an endeavor? What resources will they need to accomplish this?
- Examine the role of ethics and corporate social responsibility and its influence on the development of Total Rewards for an organization.
- For example: How might CSR influence a company’s interpretation of employee pay?
- What role do budget constraints play in corporate social responsibility?
WealthManagement.com. (2011). Ethics vs. compensation. https://www.wealthmanagement.com/blog/ethics-vs-compensation
Bistrong, R. (2016). Ethics and incentive compensation: A ticking time bomb. Corporate Compliance Insights. https://www.corporatecomplianceinsights.com/ethics-and-incentive-compensation-a-ticking-time-bomb/
Kim, E. (2018, June 6). Internal Microsoft poll shows employees are less satisfied with pay as battle for tech talent heats up. CNBC. https://www.cnbc.com/2018/06/06/microsoft-employees-feel-underpaid-and-not-fully-rewarded.html
Wilson, T. B. (n.d.). Total rewards strategy: What’s your philosophy? Wilson Group. https://www.wilsongroup.com/wp-content/uploads/2011/03/TotalRewardsStrategy_June2008.pdf
Double the Donation. (n.d.). Corporate social responsibility: The definitive guide. https://doublethedonation.com/tips/corporate-social-responsibility/
Riley, L. (2019). Complete guide to HR strategy: Total reward management (With examples). ICS Learn. https://www.icslearn.co.uk/blog/posts/2019/june/complete-guide-to-hr-strategy-total-reward-management-with-examples/
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