Prepare a draft of Parts A–D of your benefits and compensation analysis
For Milestone One, you will prepare a draft of Parts A–D of your benefits and compensation analysis (Section I of the final project). The submission will have the major heading “Benefits and Compensation Analysis: Parts A–D.” Your instructor will grade your submission using the rubric below and will provide feedback to be applied to the final project. Begin by analyzing qualitative and quantitative data for the current system (as identified in the case study) that will inform your future recommendations and revisions. Once your analysis has been completed, compare and contrast the provided quantitative data regarding the current benefits and compensation system with external benchmarking data from organizations within the same industry using the Medtronic Case Supplement. Then, draft Parts A–D of your benefits and compensation analysis. Thoroughly cover each of the critical elements, and include your answers to the guiding questions. Specifically the following critical elements must be addressed:
I. Benefits and Compensation Analysis: For this part of the project, you will analyze given aspects of a benefits and compensation package from the provided case study. You will analyze qualitative and quantitative data regarding the current system and determine gaps in that system that will inform your future recommendations and revisions.
A. Analyze the issues or concerns of employees through a review of the qualitative data presented in the case study, for their validity and importance. Be sure to consider the needs of different demographics of employees within the organization.
B. Determine which issues within the qualitative input data from employees were the most consistent and the most prominent. You may consider also representing your response visually.
C. Determine the key issues or concerns of employees that should be targeted and addressed, based on the provided qualitative data. Justify your response. What issues or concerns should be targeted and why? Why should other concerns be made less of a priority? You could consider the underlying reasons behind the issues voiced by employees.
D. Compare and contrast the provided quantitative data regarding the current benefits and compensation system with external benchmarking data from organizations within the same industry. Be sure to use the provided Medtronic Case Supplement to complete your response. What does the current system have that other organizations do not? What do other organizations offer that the current system does not? Be sure to justify your response. Rubric Guidelines for Submission:
Answer preview Prepare a draft of Parts A–D of your benefits and compensation analysis
