What specific benefit plans does this offer

Assignment Help HR Management

Reference no: EM1333921

HRM: Competitive Employment Offer for Shannon Albright

Shannon Albright has an accounting degree from a United States accredited university. She also became certified as a CPA (Certified Public Accountant). Upon graduation she was offered, and accepted, an entry-level accounting position at a firm in Atlanta, Georgia. She has been gainfully employed with this firm for the last five years. Recently she interviewed with your firm which is located in Boston, MA. You, working for the human resources department, want to hire Shannon for your organization's Financial Accountant position.

You know Shannon is a strong candidate and you want to develop a competitive offer that will attract Shannon yet still fit within the company's budget and compensation structure (i.e. considering both internal and external equity).

With this in mind, you are asked to prepare the offer for Shannon. The following will be included in this package and should be specific to Shannon and this situation:

1. Compensation package - what pay rate will you offer (using salary survey research as support). What else may be included in the compensation package?
2. Incentive plan - what performance based incentives does this offer include?
3. Benefits plan - what specific benefit plans does this offer include?

It is important to provide the necessary supporting details to explain the incentives and benefits being offered. The more detail you provide, the better educated Shannon will be to make her decision to accept.

Along with these packages you will include a one page cover letter addressed to your supervisor that outlines what you propose to offer. This cover letter should explain and justify the compensation package, incentive plan, and benefits plan. Your detailed plans will then follow that cover page.

Reference no: EM1333921

Questions Cloud

Risk premium on the market : Assume an ExxonMobil Corporation bond will pay $4,500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%, how much is the bond?

Elucidate these factors in terms of the production curve : Illustrate what is the efficiency factor. Elucidate these factors in terms of the production possibilities curve.

Programmed decision and non programmed decision : Explain programmed decision and non programmed decision.

Define what a cache is and what its purpose : define what a cache is and what its purpose is. Also describe what data gets placed into the cache, and when it is put there.

What specific benefit plans does this offer : Incentive plan - what performance based incentives does this offer include and Benefits plan - what specific benefit plans does this offer include?

Preservation of the confidentiality : How does technology affect the preservation of confidentiality?

Elucidate whethers statements are positive or normative : Elucidate whether the following statements are positive or normative economic statements, and explain why you categorized them in that way.

What would be the mappings between cache block : take a memory of 64 blocks (labeled 0 through 63) and a cache of 16 blocks (labeled 0 through 15). In the questions below, list only correct results.

The new products : From all the new products waiting to be launched or that have recently launched which sounds more feasible?

User Account

All Pages