Reference no: EM13216054 , Length: 2 Pages
Define the four categories of returns described in your text and be sure to cite the source for this information.
Now, imagine you have been asked to help rethink the compensation policy at your previous, current, or future place of work. The HR manager wants to know which of the returns are the most important to employees. Your task is to identify these returns, then analyze the relative importance of the returns.
As the employer, considering the total returns equals 100 percent. How much would you allocate to each of the components and why? You do not have to allocate something for all of them, nor should your answer be one or two of the tangible items. It should be a blend that you think would represent most of the employees.
Once allocated, explain your thinking in a brief analysis of no more than one page.
Be sure to include APA formatted citations for all information that is quoted or paraphrased from another source.
Total Compensation and Returns for Work Scoring Guide
Criteria
Define appropriately four categories of returns that comprise total compensation.
Identify returns for work that are the most important to employees and analyze the relative importance of each of the identified returns for work.
Provide a percentage allocation, from the employer''s perspective, for each of the defined returns for work and explain rationale for selected allocation.
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