(Human Resource Management) Fall 2020 Integrative Term Project Guidelines Your term paper will be a progressive narrative drawn from Chapters 1 through 14, and based on a company you envision. At the end of each chapter is a section entitled “Integrative Project”. Use these to guide your research and application process. Organize your paper on a chapter by chapter basis. Be sure to include all that is outlined and apply the concepts in a consistent manner. Each section should build on the previous section. For example, your job analysis, recruitment process and compensation plan should be in keeping with the company vision, culture and business plan. You will be completing sections and turning them in throughout the semester.  Chapters 1 – 3  Chapters 4 – 6  Chapters 7 – 10  Chapters 11 – 14 Be sure to check the due dates! Following is some additional information to help you as you develop your company and build your term project COMPANY BACKGROUND Identify an industry in which you are interested in someday working and create a name for a fictitious company that you will be working on all semester for this project. If you want to use a current or past employer you may do that instead. If you haven’t already thought about a preferred industry, take the time to research several options to identify one that best meets your preferences for growth, financial performance, ethics, environmental sustainability, etc. Choosing an industry is as important as choosing an employer and a specific job—it influences how much flexibility you will have in your job (for example, some industries are more regulated than others), your promotion opportunities (faster growing industries provide greater opportunity for advancement), and your compensation (industries with higher profit margins can afford to pay employees more than industries without high profits). Your first task is to read as much as you can about the industry, its top performing companies, its growth outlook, and its current challenges and opportunities to be able to make decisions in setting up a human resource management function for your company. The Integrative Project guidelines in the book will ask you to describe what your company’s culture, vision, mission, strategic goals, business strategy, competitive advantage, and talent philosophy will be — how will you position yourself to successfully compete in this industry? Assume that your company will be of any size and located anywhere that you would like; just be consistent throughout the project. CULTURE, ETHICS, SOCIAL RESPONSIBILITY (Chapters 1 & 2) Think about and formalize your company’s position on social responsibility and ethics. Record your company’s formal statement about each. Feel free to research other companies’ statements online for insight into how to craft your own. Then describe the culture you would create at your company, explain why it is best suited to your company’s needs, and explain how it will contribute to its success. DIVERSITY STATEMENT AND IMPLEMENTATION (Chapter 3) Identify how diversity and inclusion can help your organization execute its business strategy. Think about how different types of diversity can help you better create new products, attract and serve a wider variety of customers, etc. There is so much discussion about diversity, inclusion, systemic racism, sexism, to name a few. Paying attention to these narratives will help you to create a positive and progressive outlook for your company! Write a statement explaining your company’s approach to diversity and inclusion. Then identify how you will use different HR policies, media, and technologies to communicate and reinforce your approach with your employees. Be sure to include a few metrics for evaluating the success of your ideas (e.g., the percent of new products introduced, the percentage of employees representing different groups, etc.). STAFFING (Chapters 4, 5 & 6) Based on the size, culture and business plan, develop an organizational structure. Identify the broad categories of positions (i.e. administrative, engineering, scientific, etc.) and research the supply and demand for these groups of positions. Then, building on what you have done so far, think about a job that is critical for your chosen organization’s success. Do a mini competency analysis on the position, considering the company’s business strategy and competitive advantage. Do some research online to learn how similar companies are presenting their job opportunities in this area. How will you design and analyze this position? In class, we will work on (with your teams) a Job Analysis Form that will be your guide for the job description. This will be turned in separate from your term project. As you write a job description think about how it would be likely to attract a job seeker who would be a great fit with that position. RECRUITMENT PLAN (Chapters 4, 5 & 6) Using the same job you analyzed, develop a sourcing and recruiting strategy to locate and attract high potential applicants. Identify three recruiting sources that you feel would be effective, and explain your reasoning. Then create a job posting that could appear on your careers site that would interest high potential recruits in applying for the position. Be sure to incorporate realistic job preview information in your posting. SELECTION PROCESS (Chapters 4, 5 & 6) Develop a selection plan and job-offer strategy for your chosen job. Explain which assessment methods you would use, how you would combine scores on the assessments into a final score, and how you would choose whom to hire. Then write a job offer letter to your chosen candidate that presents a valid job offer, reinforces your employer brand, and tries to persuade the finalist to accept your offer. ONBOARDING (Chapter 7) Describe the onboarding and socialization experience you would create for your new hires in the position. Be sure to address all of the socialization options in Table 7-3. Be sure to explain your choices. Also identify three learning objectives for your new hire training program to help new hires contribute to business strategy execution. PERFORMANCE MANAGEMENT (Chapter 8) Using the same job you chose, describe the performance management system you would establish to best align the goals of employees in that job with organizational goals and values. Also create a performance appraisal form for the job and explain why your choice is most appropriate given the goals of the appraisal. TOTAL REMUNERATION (Chapters 9, 10 &11) Describe the base compensation you would establish for this position in the U.S. city of your choice. Be sure to describe the process you used in making your decision (i.e. job evaluation and pricing process.). Use at least three of the web resources in Table 9-1 in completing this section. We will work on this in class as a team activity. Describe the incentive pay system you would establish for this position. Be sure to explain your objectives for the incentive system and why your recommendations are likely to be effective in meeting these objectives. Also describe the pay mix you would establish for the job, and how differentiated the rewards would be. Finally, describe the employee benefits package you would offer for this position. Be sure to explain your objectives for your employee benefits and why your recommendations are likely to be effective in meeting these objectives. Will the benefits be the same for everyone, or will employees be able to choose some of their benefits? Don’t forget to consider the cost of the benefits in your decision making.