D355
Task 1
Attempt 1
2-7-25
A. Create..a..total..rewards..strategy..based..on..lead,..lag,..or..match
1. Based..on..the..organization's..needs,..we..will..use..a..total..rewar
ds..strategy..that..leads..the..market...A..leading..strategy..is..nec
essary..because..The..Bravo..Center..needs..to..attract..potential..e
mployees,..and..compensation..is..a..powerful..tool..for..attracting..
potential..employees...Especially..for..the..required..positions..in..t
he..marketing..and..IT..areas.
2. Explain..how..your..total..rewards..strategy..supports..t
he..following..two..goals:
a. The..leading..position..will..enable..The..Bravo..Center..to..co
mpete..for..the..highly..sought-
after..employees..of..marketing..and..IT...By..leading..the..ma
rket,..The..Bravo..Center..can..offer..strong..base..pay,..great.
.benefits,..and..the..opportunity..to..earn..more..based..on..p
erformance.
b. The..strong..base..pay,..great..benefits,..and..opportunity.
.to..earn..more..will..keep..Bravo..competitive..and..retain
..these..employees.
3. The..Bravo..Center..will..split..total..rewards..into..compensation,..
benefits,..and..well-
being...These..categories..will..be..weighted..45%..for..compensati
on,..45%..for..benefits,..and..10%..for..well-being.
B. Create..a..compensation..plan
...1.
Department Number..of Base..Pay Variable..Pay
positions
Executive 5 80% 20%
Administrative 10 80% 20%
Facilities 5 80% 20%
Management
Grounds..Manager 1 80% 20%
Grounds..Supervisor 1 80% 20%
Contingent 18 100% 0%
Workers