Total Rewards Plan Worksheet

University of Phoenix Material

Total Rewards Plan Worksheet

Instructions: There are 10 positions that have become vacant due to the retirement of the University President. Your task is to recommend a salary range to post, list the benefits that will be provided for these positions, and include a list of perks that may be associated with these positions.

Complete the following table in a total of 525 to 700 words:

Position at the University Recommend a target salary range for posting? What kinds of benefits are these positions eligible for? Will these positions have perks associated with it? (Describe)
University President $191,249 Retirement 401k, health, vision dental, performance bonus, paid vacation, paid sick time. Expense account
Special Assistant to the President $57,123 Retirement 401k, health, vision dental, paid vacation, paid sick time. Expense account
University IT Director $129,873 Retirement 401k, health, vision dental, paid vacation, sick time. Expense account
Department Finance Manager $110,229 Retirement 401k, health, vision dental, paid vacation, sick time. Expense account
Department HR Manager $103,195 Retirement 401k, health, vision dental, paid vacation, sick time. no
HVAC Mechanic $50,000 Retirement 401k, health, vision dental, paid vacation, sick time. no
Systems Administrator $97,121 Retirement 401k, health, vision dental, paid vacation, sick time. no
Payroll Analyst $58,494 Retirement 401k, health, vision dental, paid vacation, sick time. no
Administrative Assistant $41,849 Retirement 401k, health, vision dental, paid vacation, sick time. no
Office Assistant 38,014 Retirement 401k, health, vision dental, paid vacation, sick time. no

Explain in a total of 350 words how you determined the appropriate salary, benefits, and perks for each of these new roles.

Fortunately, today we have access to websites like glassdoor, linked in, and others to access some of the information regarding these and other positions. I can’t imagine the kind of research and maybe some borderline spying was used in the old days to figure out why the guy next door was stealing all your employees.

References

 Bureau of Labor Statistics. (2018). Occupational Outlook Handbook. Retrieved from https://www.bls.gov/ooh/

 Glassdoor. (2018). glassdoor. Retrieved from https://www.glassdoor.com/index.htm