HRM 324 Week 4 Retirement Plan Proposal

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HRM 324 Week 4 Retirement Plan Proposal
HRM 324 Week 4 Retirement Plan Proposal
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HRM 324 Week 4 Retirement Plan Proposal

The CEO of your company would like to revamp the retirement options offered to employees.

Create a proposal that describes two to three retirement plans that could be offered. In the proposal, you must identify specific requirements of the Employee Retirement Income Security Act of 1974 that the organization would need to fulfill.

In addition to the proposal, management has asked the HR Department to design a communication plan that encourages employee participation for one of the proposed retirement plans.

Prepare a no more than 4.5 page proposal and communication plan. In your communication plan, include components that encourage participation in the retirement plan.

Answer the following questions:

  • How will you communicate information to employees?
  • How often will you communicate information to employees?
  • What tools or methods will you use to communicate the plan?
  • How will you overcome resistance to participation?
  • How will you get employees to enroll?
  • How will you communicate the plan to make it attractive

Draw conclusions based upon Assigned Learning Activity Readings in eCampus, Martocchio, J. (2017). Strategic compensation: A human resource management approach (9th ed.). Upper Saddle River, NJ: Pearson, personal experience, and data collected from organizations.

Integrate and apply readings, Martocchio, J. (2017). Strategic compensation: A human resource management approach (9th ed.). Upper Saddle River, NJ: Pearson.throughout paper. Summarize and cite information using your own words. Direct quotations should be avoided.

Research should be summarized and synthesized using your own words; be certain to cite sources of knowledge.

Compare your paper with Guide for Written Assignments attached to assignment.

Format your paper consistent with APA 6th Edition guidelines. APA sample is attached to assignment.

Click on the Assignment Files tab to submit your paper.