Toyota USA

        One often hears a CEO say, “Our most important asset walks out the door every night.” In Your organizations case this is literally true. Many organizations rely on the knowledge and skills of its employees for its success. Without its human capital, the company has little to offer its customers. As noted in" rel="nofollow">in the in" rel="nofollow">introduction to the case, of SEIIC, Your organization has been experiencin" rel="nofollow">ing difficulty in" rel="nofollow">in meetin" rel="nofollow">ing customer service expectations and is experiencin" rel="nofollow">ing problems with retain" rel="nofollow">inin" rel="nofollow">ing some of its most valuable employees. As a part of your review of the company’s HRM systems, you will need to examin" rel="nofollow">ine the critical areas of train" rel="nofollow">inin" rel="nofollow">ing, performance management, and career management.For each of the areas of train" rel="nofollow">inin" rel="nofollow">ing, performance management, and career management:• Identify at least three approaches or trends that relate to each of the three HRM areas. Provide a brief description and a note on the potential relevance of the approach and trend for each area.• Choose one of the approaches or trends to discuss in" rel="nofollow">in more detail and analyze and discuss the relevance to  your organizations situation. Justify your answer with appropriate examples and reasonin" rel="nofollow">ing.This assignment requires Web and/or library research to identify approaches and trends that may be appropriate for your organization. Make sure that you appropriately document your sources in" rel="nofollow">in your paper. Submit a paper of approximately five pages followin" rel="nofollow">ing the correct APA style requirements. After you locate and utilize various sources, provide citations for at least three references other than the textbook and onlin" rel="nofollow">ine encyclopedia-type reference sources.Your write-up should be approximately a five page Microsoft Word document.Cite any sources you use usin" rel="nofollow">ing the correct APA format on a separate page.Assignment 3 Gradin" rel="nofollow">ing Criteria Maximum Poin" rel="nofollow">intsAnalyzed and identified at least three approaches or trends that relate to each of the three HRM areas and provided a brief description. 30Chose one of the approaches or trends to discuss in" rel="nofollow">in more detail and analyzed and discussed the relevance to your organizations situation. 25Used correct spellin" rel="nofollow">ing, grammar, and professional vocabulary. Cited all sources usin" rel="nofollow">ing the correct APA style. 5Total: 60   Part IVCourse Project AssignmentIdentify specific practices within" rel="nofollow">in the areas of compensation and benefits that would aid your organization in" rel="nofollow">in developin" rel="nofollow">ing the kin" rel="nofollow">ind of employees that it needs and for retain" rel="nofollow">inin" rel="nofollow">ing its most valuable human capital.Your organizations compensation and benefits programs are based on traditional design prin" rel="nofollow">inciples typical of a company of its age and history. For example, almost all employees receive annual pay in" rel="nofollow">increases of two to five percent. This is frustratin" rel="nofollow">ing to both managers and high performin" rel="nofollow">ing employees. Managers would like to give better pay raises to high performers. However, budgets are only enough to cover the “required” raises to all employees; this leaves too little for more significant raises to high performers. Naturally, as a result, high performers who feel underpaid often seek other employment. The company’s policies have tended to reward seniority rather than performance, and because of the job evaluation system, compensation is tightly compressed. Benefits are thought to be generous in" rel="nofollow">in that the company pays for most of the cost. However, the structure of the benefits is rigid and only in" rel="nofollow">includes such traditional benefits as health in" rel="nofollow">insurance, life in" rel="nofollow">insurance, retirement plan (defin" rel="nofollow">ined benefit) and a 401(k) plan (defin" rel="nofollow">ined contribution).The company recognizes that thin" rel="nofollow">ings are changin" rel="nofollow">ing in" rel="nofollow">in its busin" rel="nofollow">iness environment as well as relative to the needs of its people, especially now that so much of its busin" rel="nofollow">iness in" rel="nofollow">in world-wide. As part of the ongoin" rel="nofollow">ing analysis of trends that should in" rel="nofollow">influence the redesign of HRM in" rel="nofollow">in the company, what are the relevant trends in" rel="nofollow">in compensation and benefits that the company should pay the most attention to? To answer this question, address the followin" rel="nofollow">ing:• Identify and explain" rel="nofollow">in at least three trends or recent approaches in" rel="nofollow">in compensation that your organization should consider in" rel="nofollow">in its redesign effort.• Identify and explain" rel="nofollow">in at least three trends or recent approaches in" rel="nofollow">in benefits that your organization should consider in" rel="nofollow">in its redesign effort.• Discuss the pros and cons to the trends/approaches identified in" rel="nofollow">in compensation.• Discuss the pros and cons to the trends/approaches identified in" rel="nofollow">in benefits.• Of all the trends/approaches you have discussed, which is the one that has the most merit for compensation and which one has the most merit for benefits? Justify your answer usin" rel="nofollow">ing examples and reasonin" rel="nofollow">ing.     Your report should be around five page Microsoft Word document.Cite any sources you use usin" rel="nofollow">ing the correct APA format on a separate page.Assignment 4 Gradin" rel="nofollow">ing Criteria Maximum Poin" rel="nofollow">intsAnalyzed and explain" rel="nofollow">ined at least three trends/approaches in" rel="nofollow">in compensation. 15Analyzed and explain" rel="nofollow">ined at least three trends/approaches in" rel="nofollow">in benefits. 15Analyzed and discussed the pros and cons to the trends/approaches identified in" rel="nofollow">in compensation. 10Analyzed and discussed the pros and cons to the trends/approaches identified in" rel="nofollow">in benefits. 10Analyzed and justified one trend/approach for compensation and one for benefits that has the most merit. 10Used correct spellin" rel="nofollow">ing, grammar, and professional vocabulary. Cited all sources usin" rel="nofollow">ing the correct APA style. 5Total: 65