Define the term non-monetary compensation include an example

Overview: Compensation by law includes ‘wages/cash,’ and yet many companies offer what has been termed non-monetary rewards. This assignment explores non-monetary compensation and its value. Instructions: • Define the term non-monetary compensation include an example. • Describe at least two non-monetary rewards and explain why a company should offer those benefits. • Describe non-monetary rewards and explain their value to the overall compensation and benefits plans.

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HRM411 – Seminar in Human Resource Management Pre-Assessment: Non-monetary Compensation Due Date: 11:59 pm EST, Sunday of Unit 6 Points: 100 Overview: Compensation by law includes ‘wages/cash,’ and yet many companies offer what has been termed non-monetary rewards. This assignment explores non-monetary compensation and its value. Instructions: • Define the term non-monetary compensation include an example. • Describe at least two non-monetary rewards and explain why a company should offer those benefits. • Describe non-monetary rewards and explain their value to the overall compensation and benefits plans. Requirements: • Submit a Word document. • Maximum three pages, minimum 500 words in length. Be sure to read the criteria below by which your work will be evaluated before you write and again after you write.Evaluation Rubric for Pre-Assessment: Non-monetary Compensation Assignment CRITERIA Deficient Needs Proficient Exemplary Improvement 0 – 44 points 45 – 59 points 60 – 74 points 75 points Content Does not cover Does not do an Sufficient Provides in- the assigned adequate job of coverage of the depth coverage topic; covering the topics; most of the topics, assertions are assigned topic; assertions are assertions are not supported assertions are supported by clearly by evidence; weakly evidence. supported by paper is supported by evidence. seriously evidence. lacking in content and detail. 0 – 5 points 6 – 7 points 8 – 9 points 10 points Paper Length Does not meet n/a n/a Meets the the length length requirement. requirement. 0 – 8 points 9 – 11 points 12 – 14 points 15 points Clear and Errors impede Significant Few errors that Writing and Professional professional errors that do do not impede format are Writing presentation; not impede professional clear, guidelines not professional presentation. professional. followed. presentation.

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