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Assignment:
Research the common benefit programs that are administered in an industry of your choice (this may be your assigned industry). Examine which benefits are mandated by government regulations and which are established by the organization in order to remain competitive in the market. Research the fringe benefits and perquisites used for special group of employees and senior executives. Research the common elements of a total compensation budget and the role unions may play in salary administration for an organization. Examine the communication process of compensation programs to the employees in an organization. Research the process of communicating total compensation of an organization from your assigned industry, and analyze its consequences for the employees and the organization. Write a 2 to 3 page paper describing various benefit programs and compensation administration. Include at least 4 academic resources. Format the paper according to the Academic Paper Guidelines.
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