HRM 324 Week 4 LT – Week 4 – Best Practice Article

Total Compensation Plan’s Purpose and Indicators

Locate an article (any source) on one best practice exercised by any HR management. This could be your own organization, if there is an article or newsletter, or a famous organization or one that has a supporting article to include. The focus is to identify HR’s role in managing a total compensation plan and what does this indicate to the competition, government funding, or to the solvency of the organization. This is evaluated by the human resource management because the structure of this plan is administered by the HR department ONLY and reported to upper-management. Remember to cite the article.

Write a 350-700-word summary in which you appraise the practice described. Briefly describe how this best practice could be applied to your organization or one with which you are familiar. This assignment is intended to reflect the weeks 1 – 5’s course material and discussions.

This assignment does not adhere to APA guidelines and is to be submitted to each student’s individual forum in the Microsoft Word format. The article used must be cited in the summary submitted. This assignment is worth five (5) points.