HR Paper Paper Length---5-10 pages total (both jobs and compensation)—single spaced, one-inch margins Components: Job Analysis, Compensation Plan Cover page includes: Your Name Course Name Date Components: Name of company, type of business (product, service offered) Your companies’ Mission Statement---A brief statement of the reason your organization is in business. Strategic HR Process---Linkage (see page 34) (write a couple of sentences that describes each of the following: o Strategy (cost leadership, differentiation, niche, quality, hybrid?) o Culture (shared meaning) o Competitive Financial Environment (identify your competition if any) o Current Situation (you’re a start-up that has been in business for at least one year; make some reasonable assumptions about sales/profits). Job Analysis Three positions Management Sales/Marketing Other—no janitorial, security positions Job Descriptions (use p. 186 as model, include physical requirements; do not use text table format or statement at the bottom of the page). Position title, Department, Reporting structure General summary statement Essential job functions (5) Knowledge, skills, abilities (5) Education and experience Physical/working conditions Recruitment Identify three sources--where you will look for/find candidates and provide rationalization for using these sources Identify how many candidates you need to have respond and how many you will interview for each position Create an ad for a newspaper/website for the management position Tell me how you will insure a diverse population of candidates will apply Selection Identify the interview type you will use (different for each position?) and provide rational Based on your job descriptions, identify five questions you will ask (be specific to position) Compensation Plan Attach Job Analysis to Compensation Plan Compensation Philosophy ---choose one (see page 367) o Entitlement o Performance Compensation Approach ----choose one (see page 368) o Traditional o Total Rewards Base Pay for each position o Wages or Salaries Identify two source(s) for determining these rates (e.g. monster.com, salary.com. etc). Variable Pay o Bonuses (identify types/rational) o Incentives (identify types/rational) o Stock Options (identify types/rational, may not apply to all employees or companies) o Briefly describe your compensation approach (see page 368). Benefits ---all must be addressed (see page 431) o Health Care (identify types/rational/contribution) o Retirement o Financial o Time Off o Family o Other? Presentation (5-8 minutes) Company identification/product/service Mission statement Strategy of company Culture Competitive environment Current situation Compensation Plan o Three positions