What makes up the employee value proposition

Assignment Help Business Management

Reference no: EM1357766

Employee Benefits and Wage Decision
I need help in answering questions on human resources recruitment and retention practises:

1. Organizations offer employee benefits for several reasons. First, they want to be attractive to potential candidates. Second, to increase employee morale.

- What makes up the Employee Value Proposition (EVP)?

- Give an example of an EVP and explain how it makes a company more attractive to a potential employee.

2. Pay is not always as simple as picking an amount to pay an employee. You must factor in a variety of elements to come up with the perfect amount. This is not always agreeable between employer and employee. One approach is to use job-based pay or person-based pay.

- Can you describe the difference between these two approaches?

- How do you choose which one to use and when?

Reference no: EM1357766

Questions Cloud

Calculating cost of equity : A Corporation just issued a dividend of $2.30 per share on its common stock. The company is expected to maintain a constant 6% growth rate in its dividends indefinitely.

How silicon-based semiconductors revolutionized computing : New materials frequently lead to new technologies that change society. Describe how silicon-based semiconductors revolutionized computing.

Illustrate the total cost of producing units : A firm has a fixed cost of $500 in its first year of operation. When the firm produces 100 units of output, its total costs are $4,500. The marginal cost of producing the 101st unit of output is $300. Illustrate the total cost of producing 101 uni..

Validity of the model of abnormality : Assess and discuss the validity of the Model of Abnormality that is consistent with your thinking as to the etiology of depression. Support your ideas with information from the text and reliable websites.

What makes up the employee value proposition : What makes up the Employee Value Proposition and proviode an example of an EVP and explain how it makes a company more attractive to a potential employee.

Recommend a main objective that should be included in an hr : Recommend a main objective that should be included in an HR policy to help ensure the existence of a work environment that protects employees from situations involving harassment

Compute the average daily float : Suppose you are planning to save for $140,000 Ferrari. You have $30,000 to invest and your bank pays 4.2% annual interest. How long before you have enough to buy the car?

Flexible budget planning performance eval : Prepare a realistic flexible budget for next year for the McDonald's Corporation using economic and company trends. Use three different growth rates (low, average and high) for sales and adjust the expenses based on whether you assume that they v..

Consequences of determinism or freewill : Does the theory consider depression to be the consequences of determinism or freewill?

User Account

All Pages