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Describe best practices for the communication of changes to total rewards programs.

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FINC 331 
Cash budgeting and short term asset management are critical to keeping a company solvent and understanding short term financing needs.  Dividends are a way to reward investors and have unique characteristics that influence the price of stock issued and may restrict some company financing.
STUDY:
  • Cash budgeting
  • Short-term asset management
  • Working capital management
  • Dividends and dividend policy
READ:
1)  Module 3: Financing  Investments  (Modules are located in LEO – Content – Course Content –click on the title of the Module and Read Commentary)
a.      Capital Budget Decision Criteria
b.      Cash flow and Risk in Capital Budgeting
c.       Working Capital Management
2)      Course Text : Boundless Finance Online Text
(A PDF of the Boundless course textbook may also be found in Leo under Content > Syllabus)
  • Chapter 15- Dividends
  • Chapter 17- Introduction to Working Capital
  • Chapter 18, (Sections 1-4)- Working Capital Management
TO DO:
  • Participate in the Weekly Discussion
  • Problem Set in ‘Homework’ #7 - My Tools/ Quizzes & Exams/ Finc 331 Homework Week 7
  • Complete Group Paper
  • Discussion 
Why would a company decide to pay a dividend to their investors? Conversely, why do some companies choose to pay no dividend?
Search the web to find one company that pays a dividend and one that does not. How are they different?

HRMN 395 
Week 7: Putting it all together: Designing a total rewards program linked to the goals of the organization
Outcome:
By the end of this week you  will be prepared to:
Develop your plan for total rewards, metrics for evaluation and a time line for implementation.
Read:
  • Planning and Implementing Total Rewards
  • Creating a New Employment Deal: Total Rewards and the New Workforce (available from the UMUC Library)
    • Lawler, I. E. (2011). Creating a new employment deal. Total rewards and the new workforce. Organizational Dynamics, 40 (The Future of Human Resource Management Special Issue), 302-309. doi:10.1016/j.orgdyn.2011.07.007
  • Total Rewards – Total Relationships
Tips on Project Schedules & Timelines:
Do:
Go to the discussion questions and post initial answers and value added responses to classmates by Sunday 11:59 p.m.
REMINDER: The final assessment for the course is due next week. No extensions can be given. 
Discussion 
Discussion #1
Share at least two of the steps in the total rewards planning process and state why you feel they are the most crucial to the planning and implementation process. 
Use at least one reference to support your response.
Discussion #2  
Describe best practices for the communication of changes to total rewards programs.
Use a minimum of two references and interact with a minimum of two classmates.

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