How government regulations will influence the compensation

Reference no: EM132248546

Question: 1. 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, 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:

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

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

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

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

5. 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.

6. 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.

2. By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution's policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.

Reference no: EM132248546

Questions Cloud

Discuss the concepts or insights : Contribution: There is no official continues record of faculty member achievements, activity, workshops. (Electronic document management system).

Describe an effective succession planning process : Create a detailed outline of an effective succession planning process that will help ensure a smooth transition as members of the management team.

Discuss the main issues and solutions for the case study : Read the case study "Leading Change: Carlos Ghosn at Renault and Nissan" on pages 164-172 of the course textbook. Consider the outcomes of Renault-Nissan.

What values have resulted from the strategic partnership : This course focuses on the strategic value that technology has brought to HR and the business. As a result, HR is a strategic partner in companies.

How government regulations will influence the compensation : Provide information on how government regulations will influence the compensation. Examine data from two (2) organizations listed in the BLS Website.

Create executive summary-plan overview : Create a minimum 1.5 to 2-page executive summary/plan overview summarizing and emphasizing the key points of the paper's contents.

Comparison in table between mpls tp , mpls ip and dwdm : You need to do homework regarding the telecom technology You need to do comparison in table between MPLS TP , MPLS IP and DWDM

Make a business more profitable : How can the circular economy approach be used to make a business more profitable? Can it help make a brand different in a way that is relevant to customers.

Phase of the adoption curve with respect : Suggests that he generally fits in which phase of the adoption curve with respect to the diffusion of innovations?

User Account

All Pages