User Account

All Pages

Research components of effective compensation plan

Assignment Help Business Management
Reference no: EM133155881

Research the components of an effective compensation plan from your employer or a previous employer.

Research the components of a competitor or similar business that you are currently employed with.

Research the methods that both companies use to measure employee satisfaction with their pay structure.

Outline how your company determine whether their employer-sponsored retirement plans and health insurance programs are competitive.

Recommend two high value discretionary benefits to employees.

Be sure to include your rationale for selecting these high value discretionary benefits as opposed to others.

Example: Payment for time not worked, Surrogacy leave, adoption leave, menstrual leave, marriage leave

Employee services (credit union banking discount, baby sitting services, gym discounts, and etc.)

Funeral expenses

Festival or annual gifts

Premioum pay

Explain your rationale for which compensation plan would be the most effective post Covid - 19 and why.

Reference no: EM133155881

Questions Cloud

Perspective on the purpose of a business changed : As people research opportunities in stakeholder capitalism, how has people's perspective on the purpose of a business changed?
Web designing is very challenging field : Web designing is a very challenging field. To become a successful bespoke website design services provider, you need to have the following skills.
Challenges facing external communications : Directors of external communications supervise the information flow between an organization and the public. There responsibilities are extension of the organiza
How much should the company expect to pay : A company owes $500 today, but they agree to pay the debt in 4 months. How much should the company expect to pay if the money is worth 6%
Research components of effective compensation plan : Research the components of an effective compensation plan from your employer or a previous employer.
Currently working in global IT company : Currently working in global IT company with overall 20 years of experience in IT industry
Configuration management activities : What is configuration management? And briefly escribe the following configuration management activities:
How can sec corporate governance help in reducing fraud : How can SEC corporate governance help in reducing fraud in publicly listed companies?
What are project management trade-offs with examples : 1. What are Project Management Trade-offs with examples. 2. Give your views on bottleneck. Why is it important to find the bottleneck?

Reviews

Write a Review

Business Management Questions & Answers

  Permanent real accounts and temporary nominal accounts

The full "accounting cycle" which culminates in closing the books and producing financial statements. Discuss the differences between Permanent "real" accounts

  Describe the three contemporary theories on motivation

Describe the three contemporary theories on motivation discussed in this chapter. Which theory do you feel is most effective?

  Illustration of leadership role

Leading by example is an illustration of which leadership role? 1. supervisor, 2. trainer, 3. mentor, 4.coach?

  Porter generic strategies

Being 'all things to all people' is a recipe for strategic mediocrity (Porter 1985). Using Porter's Generic Strategies, critically evaluate this statement.

  Tackle some of the global issues

What are the Implications of these changes for how we tackle some of the global issues? For example, over population, economical issues, food shortage

  Managerial practices and organisational culture

Use the Goretex case to explain how the P.R.O.F.I.T. supports the assertion that it's managerial practices and organisational culture make it 'a great place to

  Five segmentation characteristics

Assume you're marketing manager for a new Apple device. Identify at least five segmentation characteristics that you'd use in developing a profile of your customers. Explain the segmentation category into which each characteristic falls-demograph..

  Business plan on family owned barbershop

Design a Cover Page for the business plan that includes relevant information. The Cover Page is the first impression so make it look impressive.

  Committee of students

Suppose that, from 8 students, we want to take a committee of students. How many committees consisting of 3 students can be selected?

  Important to formulate strategies in specific order

Why is it so important to formulate strategies in this specific order? Provide an example of each category of strategy formulation for discussion.

  Explain what amount would be shown as a liability

Explain What amount would be shown as a liability related to the coupons on the balance sheet as of December 31, 2003? If none, explain why.

  Why people would like to work in a resort hotels

1. Kindly Explain how does hotels caters to the needs of business and leisure travelers now a days?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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