Provide an overview of the employee compensation

Assignment Help Operation Management
Reference no: EM132249540

Assignment

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, 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:

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 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.

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: EM132249540

Questions Cloud

Understand human behavior in organizations : Understand human behavior in organizations and the forces shaping that behavior while analyzing the individual differences.
How psychology is viewed by your church : The task is to reflect on the relationship between psychology and Christian faith. How psychology is viewed by your church; Whether they should mix with each.
Least likely to be cause of social and ethical issues : Which of the following technology trends are least likely to be the cause of social and ethical issues?
Determine the main factors that you believe are important : Determine the main factors that you believe are important for organizations to consider when evaluating trends and predicting the business environment.
Provide an overview of the employee compensation : Determine if the employee will be exempt or nonexempt and discuss how overtime will be handled.
Gain and sustain competitive advantage : How Groupon apply resource-based view to show information resources may be used to gain and sustain competitive advantage?
Describe the impact pay-for-performance systems : Describe the impact pay-for-performance systems could have on high and low performers in a firm.
Felt empowerment and structural empowerment : What is the difference between felt empowerment and structural empowerment?
The case of bill gates and warren buffet : Two of the wealthiest men in America and, indeed, the world, are Bill Gates and Warren Buffet.For many years, Gates was criticized for giving little to charity.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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