Employee compensation and benefits package

Assignment Help Business Management
Reference no: EM13917841

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.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 atwww.bls.gov, for information regarding organizations and pay in your geographical area.Section 1: NarrativeWrite 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.
  • Include a cover page containing the title of the assignment. The cover page and the reference page are not included in the required assignment page length.

Section 2: PresentationCreate 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.

The specific course learning outcomes associated with this assignment are:

  • Design training and development systems to improve employee performance.
  • Develop competitive compensation and benefits packages that align with HRM strategy.
  • Use technology and information resources to research issues in strategic human resource development.
  • Write clearly and concisely about strategic human resource development using proper writing mechanics.

Reference no: EM13917841

Questions Cloud

Problem regarding the recognizing employee contributions : You are the HR manager of a relatively new retail company that has both retail stores and Internet sales. Your company is steadily growing in revenue and profitability. The company realizes that in order to retain the solid, highly productive work..
Municipal bonds with par value : Tarea purchased 55 municipal bonds with a par value of $100 each and a coupon rate of 5.5% with a maturation date of 2023. The municipal bond coupons payout semi annually, what interest payment should Tarea expects to receive every 6 months for the n..
About the shares of stock : Charles just sold 500 shares of stock A for $15,000. In addition, he just sold 650 shares of stock B for $6,500. Charles had paid $20 per share for all his shares of stock A & B. What amount of loss will he have, assuming both sales were on stocks he..
What do you feel would be the best way to address : What do you feel would be the BEST way to address this within school? (IEP, 504, accommodations etc) Support your answer and defend why your position may be better than one of the others
Employee compensation and benefits package : Choose the type of organization for which you are designing the package. Develop an employee compensation and benefits package for this new position. Support your ideas for the compensation/benefits package. Use at least three (3) quality academic r..
Future value of a present amount investment : Dale wants to invest the $57,000 received from his grandfather's estate. Dale plans to use the inheritance to defray the cost of his doctorate education. How much will Dale have in five years if he earns a 6% on the investment?
Deployment and post implementation plan : Your Deployment and Post Implementation Plan will consist of the following sections and for each section you will provide a 2-3 paragraph description. Delete the "Red" instructions prior to submitting the document for grading.
Discuss process of pricing a contract and risks associated : A discussion is needed to outline the third phase of contract management process. An in depth analysis of tools and techniques used in contract management. Explain.
What is the companys stock price after three years : Aspen purchased a dot-com stock, which was heavily advertised on the Internet for $35 per share shortly after the stock's IPO. Over the next three years, the stock price declined by 17% each year. What is the company's stock price after three years?

Reviews

Write a Review

Business Management Questions & Answers

  Calculate a stock for possible purchase

Represents a condensed version of the registration statement which enables prospective investors to calculate a stock for possible purchase.

  Payless car rental

Should Payless Car Rental consolidate

  Every country in the world is constructed around the same

Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution. Next, use two (2) examples of institutions -such as ..

  Explain and identify ways in which individual elements

Explain and Identify ways in which individual elements of the national economic environment affect the business environment

  Show the relationship to the business context expressed

Show the relationship to the business context expressed. Why was this interesting or noteworthy to you? How does this relate or differ to any business situation you have been in?

  Criteria for defining popular cultureevaluate a criteria

criteria for defining popular cultureevaluate a criteria for defining modern popular culture.explain how popular

  The case for taking zynga private

This spring, Mark Pincus returned to Zynga, the gaming company he founded in 2007, to attempt the near-impossible: a turnaround of a consumer tech company. Pincus, you might remember, was ousted in 2013 after the company's share price cratered fro..

  What are the components of slds system-level design

what are the components of slds system-level design business model?a business model is defined in its most basic sense

  License from the government of a developing nation

A Western firm is trying to get a license from the government of a developing nation to set up a factory in that country. The firm knows that the factory will bring many benefits to the country. It will provide jobs in an area where unemployme..

  What would be some challenges in using business analytics

Many organizations today do not utilize business analytics to help them with their decision-making processes. Why should you have an understanding of statistics in order to utilize and implement business analytics? What would be some challenges in us..

  Classical model of decision makingwhat are the assumptions

classical model of decision makingwhat are the assumptions that underlie the classical model of decision-making and

  Explain what is organizational justice

Explain what is organizational justice? How can firms safeguard organizational justice in performance appraisals?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd