Assignment 3: Rewards SystemsIn tough economic times, it is difficult for employers to increase pay. However, compensation professionals can still use some basic rewards tools to keep employees engaged and appreciated.In this assignment, you will use what you have learned from your readings so far in the course to research a current organizational rewards system and analyze its effectiveness.Tasks:Create a 2- to 3-page paper, covering the following:Describe an example in which the organization’s rewards system was not in alignment with organizational goals and objectives; for example: firing employees that make mistakes during the problem solving phase is in direct contrast to an organizational goal of innovation and creative problem solving.Explain in detail the example. Provide an analysis of the example and a solution that would have helped improve the situation. Your proposed solutions should balance the needs of the reward system while meeting and supporting organizational goals and objectives.Support your assumptions by citing in APA format any reputable source material used for this discussion.Submission Details:By Week 1, Day 7, save your paper as M1_A3_lastname_firstinitial.doc and submit it to the M1: Assignment 3 Dropbox.Assignment 2 Grading CriteriaMaximum PointsDescribed and analyzed an example that demonstrates how the rewards system of an organization is not in alignment with the organizational goals and objectives.40Proposed a solution that would balance the needs of the rewards system while meeting and supporting the organizational goals and objectives.40Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in the accurate representation and attribution of sources; and used accurate spelling, grammar, and punctuation.20Total:100