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

Guidelines for creating a climate for discipline, Guidelines for creating a...

Guidelines for creating a climate for discipline: The personnel manager / supervisor have to handle the problems or indiscipline based on management's policies, trade unions a

Human resources management, Effective human resources management depends up...

Effective human resources management depends upon sound reward system". Comment

Hrm, difference between hrm and hrd

difference between hrm and hrd

Explain briefly the levels of strategic decision making, Question 1: (a...

Question 1: (a) Give a comprehensive definition of the term ‘Strategic Human Resource Management' and explain the major terms used in this definition . (b) Discuss the mat

HRM, Effective Human Resources Management Depends Upon Sound Reward System ...

Effective Human Resources Management Depends Upon Sound Reward System Essays and Term Papers

Best form of management development and training, Question 1: Below are...

Question 1: Below are criticisms about Training and Development Practices: (a) Training and development are often not fully integrated into the management process. (b) Tra

Show the qualities of an effective job application form, Question 1: (a...

Question 1: (a) Show the qualities of an effective job application form. (b) Describe the limitations of interviews as a method of selection. (c) Show TWO other methods o

Job description, description of vice chairperson

description of vice chairperson

Advantages of personal interview, Advantages of personal Interview: 1.Th...

Advantages of personal Interview: 1.There are sample designs that can be implemented best by personal interview ( e, g, area probability samples). 2.Personal interview proced

Selection function, #question.Critically examine the challenges that can be...

#question.Critically examine the challenges that can be faced in the Human Resource Function of Selection in an organization.

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