GB545 · Unit 2

GB545 Unit 2 rewards program audit example

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Eleven components, eleven annual costs and five budget owners who had never compared notes: the GB545 Unit 2 rewards program audit at Tellwater Instruments, a composite analyzer maker with 2,400 employees, prices each line twice, per employee and per eligible person. It then reports a $291.7 million total and three findings nobody expected, one of them a service paid for twice.

What this page holds

Every dollar of base pay at Tellwater carries another 48.7 cents, the GB545 audit finds, after counting eleven components across five budgets and uncovering a duplicated contract. Searches like "gb 545 unit 2 assignment example", "gb545 unit 2 sample" and "gb545 unit 2 example" land here.

What a finished GB545 Unit 2 rewards program audit looks like

Six pages built around one inventory table. Each of its eleven rows gives a component, who is eligible, annual cost, cost per employee, cost per eligible person, share of the total and the budget that owns it. Base pay leads at $196.18 million, 67.3 percent. Health coverage follows at $28,495,000, which is $11,873 across every employee but $13,900 per enrolled one. Payroll taxes run $15.68 million, restricted stock grants $14.2 million, the bonus $12.46 million after paying at 92 percent of target, and commissions $12.25 million. Smaller rows follow down to tuition assistance at $460,800 and two employee assistance contracts totaling $99,000. The total is $291,712,045, or $121,547 per employee. A findings page closes the audit, each finding printed beside the record that supports it.

How a GB545 Unit 2 example is structured

An audit is a count before it is an opinion, and the paper keeps the two apart. A scope paragraph defines what the inventory includes, every cost that exists because someone is employed, and states its fiscal year and its sources: payroll registers, plan invoices, the equity ledger and the fleet account. The table follows with no commentary inside it. Method notes explain the two denominators, since a benefit used by few people looks cheap per employee and expensive per user. Only after the count does the findings section begin, and each finding names its evidence: the fleet line sits outside the rewards budget, tuition money reaches 96 people, four percent of the workforce, and an acquired site kept its own assistance contract. Recommendations stay within what the findings support, with the $38,000 duplicate listed first.

Scope: whatever employment causes

The rule for inclusion stated before any figure, with the fiscal year and the four source systems named so a reviewer can retrace the count.

Eleven rows, seven columns

Component, eligibility, annual cost, per employee, per eligible person, share and owner, totaling $291,712,045 with no commentary inside the table.

Two denominators, two questions

Health at $11,873 across the workforce and $13,900 per enrollee, and why an audit reporting only one of them misleads whoever reads it.

Lines beyond the rewards budget

Vans at $3,534,000 in the fleet account and tuition scattered across departments, found only because the scope rule reached past HR.

One service, two invoices

An acquired site's $38,000 assistance program running beside the corporate contract, stated with the invoice evidence and its renewal date.

Where marks go in GB545 Unit 2

Much of the grade rides on whether the inventory is complete. A package listed from the benefits guide misses whatever other departments pay for, and the audit exists to find exactly those lines. Pricing each component twice, per employee and per eligible person, earns credit because the two figures answer different questions; a single denominator hides the fact that tuition money looks trivial across the workforce and substantial for the few who use it. Totals that fail to reconcile with the sum of the rows are hard to recover from. Audits sliding into recommendations before counting anything read as opinion. Equity grants valued on an unstated basis weaken the whole table, and a finding with no evidence printed beside it is an assertion rather than a result.

Get a GB545 Unit 2 example written to your instructions

Sources matter most for an audit: plan summaries, payroll totals or whatever numbers the Unit 2 packet contains, plus the rubric. Send them and a priced inventory comes back in 24-48h, both denominators shown, every finding tied to its evidence and every budget owner named. The first sample is free.

GB545 Unit 2 questions, answered

Why value restricted stock at grant value rather than what employees realize?

Because the audit measures what the company commits in a given year, and grant-date value is how the company records that commitment. Realized value depends on the share price years later, which no budget controls. The example states its basis in a note under the table. If your case supplies a different valuation, use it and say which, since an unlabeled equity figure draws the first question in any review.

Should payroll taxes count as a reward?

Employees rarely think of them that way, but they are a cost the employer carries only because someone is on payroll, and the audit's scope rule includes them for that reason. The example flags them as statutory so a reader can separate them from anything the company could redesign. Some instructors prefer to exclude them, and either choice works when the scope paragraph says which.

Can an audit recommend cutting a program?

It can, when a finding supports it. The example recommends ending the duplicate assistance contract because the evidence is two invoices for one service. It does not recommend cutting tuition assistance, even at four percent use, because low use might reflect poor promotion rather than low value, and the audit holds no data on which. A recommendation in your audit deserves the same standard of proof.