User Account

All Pages

Balancing Employee Benefits, HR Management

Assignment Help:
#queYou have a benefit eligible population of 200 employees (all full time) with a gross annual payroll of $11.25 million. Your target benefit cost for all discretionary benefits is 22% of gross payroll. While the salaries of this population range from $17,000 to $250,000 there are only a few “extreme” outliers in this group and the following breakdown applies:
1st decile 20,000
1st quartile 25,000
Median 50,000
3rd quartile 75,000
9th decile 100,000

72% of the workforce is male, 28% of the workforce is female
The age range of your workforce is 23 to 74

Male Female
Mean Tenure 8.2 years 4.1 years
Mean tenure - if pay is less than median 6.7 years 2.8 years
Mean tenure - if pay is more than median 10.3 years 5.9 years
Age range 29 - 74 23 - 60
Mean age 57 31

stion..

Related Discussions:- Balancing Employee Benefits

Employee reward , the purpose of employee reward

the purpose of employee reward

Explain the complete process of communication, Explain the Complete Process...

Explain the Complete Process of Communication? Sender Sender has an idea - you conceive an idea and want to share it.   Sender encodes the

#title.behavioural variables., values,attitudes,motivation,perception and l...

values,attitudes,motivation,perception and laerning explain aech one in one sentence

International business management, Discussion on " The world economy is glo...

Discussion on " The world economy is globalizing at an accelerating pace".

Explain the training design process, Question 1: a) Elaborate on the fo...

Question 1: a) Elaborate on the following terminologies. Education Training Learning. b) Elucidate the distinction between training and learning. c) Give an overvie

Point rating method, what are the steps used for point rating system?..

what are the steps used for point rating system?..

Selection procedure, #question.recruitment procedure

#question.recruitment procedure

Caselet, Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delt...

Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delta Software India, as he looked at the quarterly report of Top Line Securities, a well-known equity research firm.

300, MinPart 1: Identify four potential roles of human resources representa...

MinPart 1: Identify four potential roles of human resources representatives within an organization. Create a Mind Map or infographic that summarizes 7 to 10 characteristics or res

Define knowledge management from an information system, Define knowledge ma...

Define knowledge management from an information system perspective. KM refers to managing the knowledge of individuals to be used as an organisational resource. From an informa

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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