Explain the basic steps of designing a total rewards philosophy.

 

FINC 331

Interest rates are the “cost” of money charged to borrowers and we look at what factors make up an interest rate this week.

STUDY:

Nominal vs Real interest rates

Stated vs APR interest rates

Stated vs Coupon rates

Effect of compounding

Bonds, Bond Valuation, Bond ratings

Risk and return and risk & return trade off

READ:

1)      Module 2: Financial Securities  (Content>Course Resources>Financial Securities Module)

a)      Financial Risk and Return

b)      Valuation and Characteristics of Bonds

 

2)      Course Text : Boundless Finance Online Text

(A PDF of the Boundless course textbook may also be found in Leo under Content > Syllabus)

a)        Chapter 6:  Bond Valuation

 

3)      TeachMeFinance.com – read topics:

a)     Kinds of Interest,  http://www.teachmefinance.com/kindsofinterestrates.html

b)     Bond Valuation, http://www.teachmefinance.com/bondvaluation.html

TO DO:

Participate in the Weekly Discussion

Problem Set in ‘Homework’ #4 – My Tools/ Quizzes & Exams/ Finc 331 Homework Week 4

Check out Alaina Mackin’s file called  FINC 331 Week 4 Homework Hints.pptx

Begin Work on Group Paper

Discussion

Do bonds have a place in your portfolio? Explain your logic. Some considerations to touch on: time horizon, risk tolerance, and return objective.

HRMN 395

Week 4: Designing and Implementing a Total Rewards Program

Objectives:

After completing this week, you should be able to:

1.  Explain the basic steps of designing a total rewards philosophy.

2.  Demonstrate why segmentation of the workforce is integral to the design of total rewards.

3.  Describe the implementation process of a total rewards approach to compensation management.

4.  List the levels, types, and components of communication to successfully market the total rewards philosophy.

Read: