Case Study: Geico

Case Study: Geico

Go to the Geico Website to read the ?Total Rewards Program? at http://careers.geico.com/working_at_geico/total_rewards_program.

Write a four to seven (4-7) page paper in which you:

1. Determine which facets of the Geico total rewards program align with the five (5) top advantages of a total rewards program and discuss your reasoning.
2. Create a strategy for ensuring that the Geico plan addresses all of the advantages.
3. Evaluate the effectiveness of the communication of Geico?s total rewards program based upon the Website?s descriptions of the benefits. Recommend two (2) areas for improvement.
4. Assuming employees are unhappy with the current plan, offer two (2) improvements or changes to Geico?s total rewards program.
5. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

Your assignment must follow these formatting requirements:
? Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
? Include a cover page containing the title of the assignment, the student?s name, the professor?s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

Assignment 2: Sales Force Compensation
Due Week 4 and worth 150 points

For companies that have a mission of selling, a major objective is to motivate the salespeople. While that are many factors that go into motivating these people, one of the primary factors is the compensation plan that describes how they will be rewarded. Research a large organization?s sales force and its compensation plan.

Write a four to seven (4-7) page paper in which you:

1. In order to motivate the sales force to produce the highest number of clients, describe six (6) features of an effective total rewards program.
2. Describe the behaviors of the sales force that are targeted with the compensation plan.
3. Assess how a value proposition is achieved for current and future employees in the plan you have outlined.
4. Based upon the type of plan you have created, indicate how attracted you think future salespeople may be to this plan.
5. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

Assignment 3: Total Rewards System Proposal

This research-based assignment focuses on the latest available information about creating, organizing, and managing a total rewards program. Envision a service-based (insurance, telemarketing, or other) profit organization that employs 20,000 employees in 17 different countries. There are 2,000 management-level individuals who speak a variety of languages. The company employs diverse individuals who are governed by multiple regulatory environments.

Write a six to ten (6-10) page paper in which you:

1. Create a brief overview of the company requirements for a total rewards system.
2. Formulate a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments.
3. Explain the advantages of the total rewards strategy you are proposing and how it might satisfy the employees? needs.
4. Determine the key communication components of the total rewards system.
5. Indicate your strategy for devising a competitive pay structure.
6. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

Assignment 4: United States Department of Labor Case Study

Write a four to seven (4-7) page paper in which you:
1. Describe the major features of this Website and how each feature can be used to monitor employee benefits.
2. Explain how employers could verify that their employee benefits comply with all federal laws by using this resource.
3. Explain how employees would use this information to ensure their benefits rights are protected.
4. Create an outline of the Website so that you could orient others to its usefulness for regulatory compliance.
5. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Assignment 5: New and Improved Rewards at Work
Employers have been coming up with innovative employee rewards to boost morale and acknowledge employee needs for creativity and personal goal accomplishment. Some of the latest potential employee rewards include using the Internet at work for personal reasons such as shopping, communicating with friends, or personal finances; bringing a pet to work; instituting a controlled napping policy, and the sports and office betting pools.

Write a six to ten (6-10) page paper in which you:
1. Determine how innovations in employee benefits can improve the overall competitive compensation strategy of the organization.
2. Explain how innovative benefits could be tied to specific jobs.
3. Critique the effectiveness of equity-based rewards systems versus those with more creative approaches.
4. Discuss the key elements of integrating innovation into a traditional total rewards program.
5. Recommend a process that optimizes an employee-based suggestion program to continually refresh the total rewards of the organization.
6. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

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