Planning and Compensation Document: Goals, Deliverables

PLANNING DOCUMENT
Name:
Institutional Affiliation:
Planning and Compensation
Introduction
As a human resource manager in a small establishment, the inclusion of project charter remains essential in establishing an organizations statement of objective. The statement is developed to determine the projects goals, responsibilities and roles of players within the process (Caruth & Handlogten, 2011). Moreover, it also establishes a projects level of authority and key stakeholders for a project manager. In this case, it can be presumed that a project charter provides an organization with a framework that guides its future projects, an aspect that is essential in business management.
On the other hand, a project charter is a detailed and short document that contains the request for an organizations proposal, thus depicting its essence in any project management process (Caruth & Handlogten, 2011). In order to effectively carry out projects, the inclusion of different initiatives such as Policy Dialogues and Customer Relation Management (CRM) are known to take prominence in the document.
Situational Analysis
Considering my appointment as the human resource manager in a small establishment that seeks to overhaul its compensatory and benefit packages for its employees, a revamp into this system will result in productive and effective employees who will fit within the current organizations system (Caruth & Handlogten, 2011). Currently, this company has failed in developing its employee’s direct compensation, an aspect that has seen the total compensatory package turn out to be lower than the stipulated national standard detailed in the Labor Act. However, the organization formed a staff bonus plan that primarily rewards some of the outstanding performances in as much as these efforts are not enough to motivate the organizations workforce.
It is essential to note that reward and compensation systems will take cognizance of several opportunities that include the expansion of the organization’s annual winners circle, and employee recognition within the organization for their good performance (Fennell, 2015). Additionally, the inclusion of this approach will be effective since it will consider the element of quality performance as a toll in enhancing the morale of employees in line with the vision and mission of the organization.
Purpose Statement
The purpose of this process is to design the organizations project charter that will enable it to revamp its employee’s compensation and remuneration packages (Fennell, 2015). The new reimbursement package will be required to recognize the employee’s efforts and dedication, an aspect that is in tune with the company’s mission, values and priorities.
Goals
Develop a compensatory and reimbursement plan that is consistent, suitable and visible within the company, and has the capacity to connect with the employees in such a way that enables the employees to be motivated and productive in the company. On the other hand, this approach supports an inclusive and positive work environment that reinforces work effectiveness and exacerbates quality work within the organization....