This assignment focuses on Strategic compensation decision making. There is also a description of  Blissful Corporation case study.This will require Human Resources to offer a strategic compensation plan to deliver on the goals the CEO has set forth. 

Strategic compensation decision making : Blissful Corporation case study

STRATEGIC COMPENSATION DECISION MAKING TO ACHIEVE NEW MARKET SHARE AND DIVERSITY BACKGROUND.  In this course, you will complete a signature assignment based off of the case study below which is designed to demonstrate the your proficiencies in the course’s programmatic learning outcomes. The final exam essay is based upon the textbook reading and the student’s research of the essay topic. The objective of the final exam essay is to test each student’s proficiency of the following skills:

Firstly, the interpretation and implementation of strategic compensation and the bases for pay. Secondly, the design and application of compensation systems and employee benefit programs. Thirdly, the analysis of contemporary strategic compensation challenges and global compensation issues. Case study/scenario: Blissful Corporation has been very successful in its 20 years in business, consistently achieving its sales and revenue goals in its personal care products. Blissful products were mainly targeted for the Baby Boomer generation (born 1946-1964), who are now an aging population.

Strategic compensation decision making : Blissful Corporation case study

The new CEO, LaTonya Smith, wants to broaden the Blissful market share to include the Millennial generation (born 1977-1995), now the largest living population in the United States. Ms. Smith also wants to hire a more diverse workforce, one that represents Millennials. Also,  employees who may be multiracial, multi-faith, Lesbian, Gay, Bisexual, Transgendered. As well as any other human characteristic that represents the many faces of America, including immigrants eligible to work in the United States. To achieve this market move, Blissful will have to change its business structure to include new research. Also marketing, design, product lines, and its sales approach. This will require Human Resources to offer a strategic compensation plan to deliver on the goals the CEO has set forth. 

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