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

Show forecasting techniques for human resource planning, Q. Show Forecastin...

Q. Show Forecasting techniques for Human resource planning? Managerial judgement: in this method, experienced managers estimate the future man power requirements and their skil

Show group incentive, Q. Show Group incentive These are the incentive w...

Q. Show Group incentive These are the incentive wage plans which motivate the group to produce more under Individual incentives plans. Bonus is paid to the workers on the basis

Explain about parent and third country nationals, Question 1: The Inter...

Question 1: The International Human Resource Management literature uses four terms to describe multinational enterprises' approaches to managing and staffing their subsidiarie

MANAGING OPERATIONS, I have a paper to be submitted as a part of my course....

I have a paper to be submitted as a part of my course. Please help me

Discussion: Design Thinking and Ideation, What about the workspace is alrea...

What about the workspace is already optimized or ideal?

Particular market model, Explain the industry and describe the general patt...

Explain the industry and describe the general pattern of change of the particular market model.

Selaction, how can we uee it?

how can we uee it?

Explain principals of disciplinary action, Q. Explain Principals of discipl...

Q. Explain Principals of disciplinary action? Ddisciplinary action may have serious if they are considered unjust or fair and, therefore, are not acceptable to employees as wel

Recruitment and selection, Recruitment and Selection Recruitment is th...

Recruitment and Selection Recruitment is the procedure of locating and encouraging potential applicants to apply for present or anticipated job opening. The selection procedur

Selection process, how to select candidate refer with islamic principles

how to select candidate refer with islamic principles

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