Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask HR Management Expert

Assignment: Employee Compensation and Benefits

This assignment consists of two sections: a narrative and a PowerPoint presentation. You must submit two sections for the completion of this assignment. Label each file name according to the section of the assignment it is written for.

Imagine that you have just been hired by a new company as the director of the HR department. You have been tasked to hire a new secretary for the department and to develop an employee compensation and benefits package that will be used for that position upon hire. Develop a PowerPoint presentation to present this information to your Vice President. Go to the Bureau of Labor Statistics' (BLS) Website, located at bls gov, for information regarding organizations and pay in your geographical area.

Section 1: Narrative Write a two to three page paper in which you:

1. Choose the type of organization for which you are designing the package.

2. Develop an employee compensation and benefits package for this new position. Support your ideas for the compensation/benefits package.

3. Use at least five quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Section 1 of your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

Section 2: Presentation Create a twenty slide PowerPoint presentation in which you:

4. Provide an overview of the employee compensation and benefits package that you developed in the narrative portion of this assignment.

5. Determine if the employee will be exempt or nonexempt and discuss how overtime will be handled.

6. Suggest other benefits that might be considered within the next few months to enhance employee performance and provide job motivation.

7. Provide information on how government regulations will influence the compensation.

8. Examine data from two organizations listed in the BLS Website with packages similar to yours, focusing on salary, compensation, and benefits in order to convince upper management that your package should be accepted and implemented.

9. Describe how the competitive compensation and benefits package will align with the HRM strategy.

The specific course learning outcomes associated with this assignment are:

• Design training and development systems to improve employee performance.
• Develop competitive compensation and benefits packages that align with HRM strategy.
• Use technology and information resources to research issues in strategic human resource development.
• Write clearly and concisely about strategic human resource development using proper writing mechanics.

HR Management, Management Studies

  • Category:- HR Management
  • Reference No.:- M92585098
  • Price:- $55

Priced at Now at $55, Verified Solution

Have any Question?


Related Questions in HR Management

You are a part of disneyrsquos executive team you propose

You are a part of Disney’s executive team. You propose developing a theme park in India to take advantage of India’s growing middle class and large population. However, you know there will be many barriers to overcome. F ...

Question choose a topic from1virtual teams in global

Question: Choose a topic from: 1. virtual teams in global corporations 2. methods for managing conflict among virtual team members 3. team-based compensation programs 4. team decision making processes The answer must be ...

Question how should training effectiveness be measured in

Question: How should training effectiveness be measured in an organization? What methods would you recommend for your current organization? Explain your reasons. The response must be typed, single spaced, must be in time ...

Question 1 future leader experiences and psychological

Question #1 "Future Leader Experiences and Psychological Theories and Leadership" Please respond to the following: Experiences play an important role in how future leaders will run the organization. Give three examples o ...

Topic an hr manager has to identify hr-related issues and

TOPIC : An HR manager has to identify HR-related issues and to provide appropriate solutions by implementing suitable HRM practices as part of his role. Being a future HR manager in the contemporary business environment, ...

Question assume for this assignment that you are being

Question: Assume for this assignment that you are being highly considered for a director-level HR management position for a best-in-class national retailer. You are in the final phase of the interview process and must re ...

Question 1 discuss how negotiators prepare for negotiations

Question: 1) Discuss how negotiators prepare for negotiations. Explain the distributive and integrative bargaining approaches. How do these methods differ? When would a negotiator likely choose each? Your response should ...

Assignment 1 bank of america or mcdonalds case studyfrom

Assignment 1: Bank of America or McDonald's Case Study From the Goldsmith & Carter textbook, select either the Bank of America (Chapter 2) or McDonald's (Chapter 9) case study for this assignment. Write a five to seven ( ...

Question discuss a situation in which you have had to

Question: Discuss a situation in which you have had to communicate with someone from another culture. It could be through work, personal travel, or maybe even a neighbor that has a significantly different background. Was ...

1 which of the following techniques uses variables such as

1. Which of the following techniques uses variables such as price and promotional expenditures, which are variables that are related to product demand, to predict demand? A. Associative models (like linear regression) B. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As