Assignment 5: Creating Your Dream Job Due Week 10
Assignment 5: Creating Your Dream Job
Due Week 10 and worth 300 points
In this assignment, you get the chance to create your dream job and to build its compensation plan and appraisal performance.
Write a six to eight (6-8) page paper in which you:
Create a job description and specifications for your dream job.
Design a compensation and benefits package related to your dream job.
Rationalize your compensation and benefits package. Be sure to indicate the research and considerations that went into the design of the compensation and benefits package.
Imagine this is the only position of its kind in the organization. From this perspective, design a performance appraisal program to assess your job performance.
Rationalize your performance appraisal program. Be sure to indicate the research and considerations that went into the design of the performance appraisal program.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
Format your assignment according to the following formatting requirements:
Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
Include a cover page containing the title of the assignment, your name, your professor's name, the course title, and the date. The cover page is not included in the required page length.
Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.
Dream job
Name
Institutional affiliation
Dream job
My dream job is to become an arts administrator. I have a passion for arts, and I believe I have good skills in business and marketing. I believe that with this combination I can bring any company success.
Job description
A career in this category requires one to possess an interest in arts with a combination of business and fundraising skills. Most professional arts administrators work in art galleries, ballet companies, symphony orchestras, and museums. They also work in theaters and other organizations. An arts administrator is allocated the duty of taking care of the business operations of the organization, especially those that are arts-oriented. Some of the employers for this profession include government agencies and non-profit organizations. Others include large corporations or foundations that are arts-oriented or have an interest in arts. In a ‘theatre’ situation the administrator promotes and manages the activities. In many cases, this often involves bonding with sponsors, actors, supporters and the staff of the company. The roles and responsibilities of an arts administrator often range according to the organization. However, some of the most common include; negotiating contracts, developing budgets, the development of community interest in the firm and the execution of events and performances. He/she is also tasked with directing of the hiring and training of individuals. Additionally, they are directly involved with scheduling for the new recruits and allocating them duties (Miller, 2014). Those that are employed by non-profit organizations also have the additional tasks of organizing the fundraising events and hunting for financial supporters. They are additionally required to conduct great research for them to get grants and to distribute the received funds. The Bureau of Labor Statistics (BLS) in American has categorized art administrators as art directors. This shows that there is a bright future in this job classification. Additionally, it has projected that there will be a 2% increase in job opportunities from the year 2014-2024.
Compensation and benefits package
According to the Bureau of Labor Statistics (BLS) as of 2015 the annual salary for art directors was averagely $89,760. However, this has changed and according to a recently concluded research, the average arts administrator in the country today makes $77,527. This can also be translated to $37 per hour, and they additionally get an annual bonus of $2,915. At the entry level, it is estimated that they make $55,879 per year, but this also comes with some qualifications. For example, one must have 1-3 years of working experience. The senior level requires one who has the experience of eight years and above. Moreover, at the senior management level they can make around $104,558 per year (Taylor, 2017). This is a significant amount that can help one achieve the American dream. Due to competition in the market, I would go for a lesser fee for the entry level and ask for around $53,000 per year. This is because I believe that organizations are not willing to spend much on the production process but want good results. After this, I would occasionally ask for increments according ...
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