What are the employee compensation and benefits

Assignment Help HR Management

Reference no: EM132366494

Assignment: Employee Compensation and Benefits

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:

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:

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: EM132366494

Questions Cloud

Discrimination against individuals affected with hiv-aids : Reflect on the Capstone topic and problem statement you posted (Discrimination against individuals affected with HIV/AIDS)-and perhaps have since revised based

Individual rights in health care and public health : HA415 -Healthcare systems are huge, complex and constantly changing as they respond to economic, technological, social and historical factors.

How might a person acquire the abilities : What abilities make a candidate more likely to succeed in an assignment as an expatriate? Which of these abilities do you have? How might a person acquire.

What information did you glean that was not covered : Search credible websites for a podcast on a specific health problem in a country of your choice. In 300-400 words, describe your thought provoking reaction.

What are the employee compensation and benefits : 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.

Write a essay explaining the decision-making process : Write a 2-page essay explaining the decision-making process you used when you decided to pursue an MBA. Ideas and concepts are consistently clear and always.

Why performance management systems important to organization : Various wide-ranging discussions have taken place about what performance management is and what it is not. Heathfield (2018) stated that "performance.

Describe the performance management systems : As we have discussed, performance management systems are important in organizations. However, there are many performance management systems that organizations.

Regulations become policy and laws for nursing home industry : It is important to understand process of how ideas become regulations and rules and how rules and regulations become policy and laws for nursing home industry

User Account

All Pages