There are two options to this assignment. Choose one to complete, based on your interest in the topic. In either option, select the same job position you chose to explore in the Term Project (This will be provided to you once you are selected to work on the question). Regardless of the option you choose, limit your assignment to (5) full pages and support your ideas with a minimum of (4) credible sources published within the last 5 years. Please review the Assignment Grading rubric before completing this assignment.
Option 1: Career Development Planning
Design an example of a career development plan for the job position you chose in the Term Project. Define and utilize the following tools in your plan:
Career Planning Inventories
Self-assessments
Potential career trajectories
Succession planning
Limit your assignment to 5 pages. Use each question posed as a section header in the paper. Support your rationale for this plan using a minimum of (4) credible sources in addition to the textbook. Use APA formatting guidelines.
Option 2: Compensation, Benefits, Training, Development, and Advancement
Describe the following areas relative to the position chosen in the Term Project:
Compensation
Benefits offered
Training and development opportunities
Advancement opportunities
Review the contemporary approaches to pay provided below:
Market Pricing vs. Job Evaluations
How to Use Broadbanding in Your Evaluation Process: Pros & Cons
What is Knowledge-based pay?
Team-Based Pay: What It Is – Why It Works
Based on a sample of companies that offer that position, which approach to pay is likely to be used? Why? Include a minimum of (3) companies in your sample.
Limit your assignment to (5) pages. Use each question posed as a section header in the paper. Support your claims using a minimum of (4) credible sources published within the last 5 years, in addition to the textbook. The citation for the textbook is:
Mathis, R. L., Jackson, J. H., & Valentine, S. R. (2015). Human Resource Management: Essential Perspectives (7th Ed). Cengage Learning. https://books.google.com/books?hl=en&lr=&id=7jN-BAAAQBAJ&oi=fnd&pg=PP1&dq=Mathis,+R.+L.,+Jackson,+J.+H.,+%26+Valentine,+S.+R.+(2015).+Human+Resource+Management:+Essential+Perspectives+(7th+Ed).+Cengage+Learning.&ots=k30tnanTbX&sig=Ww1a8KsrkUGKeo5mRGHpwTiCat0#v=onepage&q&f=false
In-text citations and references must be included in your paper. Use APA formatting guidelines.
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