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Assignment - Business Compensation Summary Presentation
Description - Prompt - As the human resources director on an internal team that includes the owner and a benefits analyst, you must design a new compensation system for a healthcare services organization. The organization has 46 employees, and the services include a pharmacy, various healthcare equipment for sale or rent, and chronic care management. These critical elements will help support your creation of a pay mix for your final project.
Create a PowerPoint presentation addressing the following:
What role do nonmonetary rewards play in a compensation package?
How might the team create a compensation system to support the organization's strategy?
What other stakeholders should be on this team and what role should they have in designing this compensation package?
Include at least three national laws or regulations that must be considered in the development of the new compensation system.
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