Describe how the competitive compensation will align

Assignment Help HR Management

Reference no: EM131525697

Assignment : Employee Compensation and Benefits

This assignment consists of two (2) sections: a narrative and a PowerPoint presentation. You must submit two (2) sections for the completion of this assignment. Label each file name according to the section of the assignment it is written for.

Note:For additional information on how to submit more than one file for an assignment, follow the instructions in the document "How to Submit Multiple Files for an Assignment", located here.

Imagine that you have just been hired by a new company as the director of the HR department. You have been tasked to hire a new secretary for the department and to develop an employee compensation and benefits package that will be used for that position upon hire. Develop a PowerPoint presentation to present this information to your Vice President.

Go to the Bureau of Labor Statistics' (BLS) Website, located at www.bls.gov, for information regarding organizations and pay in your geographical area.

Section 1: Narrative

Write a two to three (2-3) page paper in which you:

1 Choose the type of organization for which you are designing the package.

2 Develop an employee compensation and benefits package for this new position. Support your ideas for the compensation/benefits package.

3 Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Section 1 of your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in

• the required assignment page length.

Section 2: Presentation

Create a twenty (20) slide PowerPoint presentation in which you:

4. Provide an overview of the employee compensation and benefits package that you developed in the narrative portion of this assignment.

5. Determine if the employee will be exempt or nonexempt and discuss how overtime will be handled.

6. Suggest other benefits that might be considered within the next few months to enhance employee performance and provide job motivation.

7. Provide information on how government regulations will influence the compensation.

8.Examine data from two (2) organizations listed in the BLS Website with packages similar to yours, focusing on salary, compensation, and benefits in order to convince upper management that your package should be accepted and implemented.

9. Describe how the competitive compensation and benefits package will align with the HRM strategy.

Discussion 1

"Labor Unions" Please respond to the following:

• Go to the United States Department of Labor and read the section titled "Employment Rights: Who has Them and Who Enforces Them". Next, evaluate the intended effectiveness of The Americans with Disabilities Act and The Rehabilitation Act of 1973. Determine how these laws affect human resource (HR) management. Speculate what the impact of the Act will be in 10 years. Support your position.

• Use the Internet to research the role of unions in the United States compared to three other countries. Next, examine how the role of unions in other countries differs from the role of unions in the United States. Provide examples of three countries and how unions operate in those countries in regard to HR management.

Discussion 2

"Company reorganization and the Future of HR" Please respond to the following:

• Provide an example of a company that has done a total " turnaround". Determine if the turnaround has been effective and improved its profitability.

• Examine changes and developments that are currently taking place in the field of HR management. Predict two changes and developments that are likely to occur in this field in the next 10 years.

Reference no: EM131525697

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