Draft a benefits and compensation plan for your organization

Assignment Help HR Management
Reference no: EM131314318 , Length: 4

Your company provides a full range of traditional benefits, medical, dental, vision, etc. You are hearing increasing complaints from your employees that these are not addressing the growing problem of reduced motivational incentive for the changing workforce.

As the HR Vice President you have been tasked with ensuring the current benefits plan is comparable to an organization that is similar to your current organization or a competitor. Alongside of benefits the compensation plan for the employees should be comparable, since the issue is really one of total compensation. How will you ensure the workforce is receiving the appropriate benefits and compensation?

The HR VP has tasked you the Benefits Manager and your peer the Compensation Manager to ensure the plans are internally and externally equitable; organizationally appropriate, and sufficiently detailed.

Draft a benefits and compensation plan for your organization. Ensure you have captured your types of employees and the packages that correspond with the employee needs, expectations and market. (Reminder per your final project instructions, that in 2018 you are expecting a mass exit of the Baby Boomer generation due to the change in Retirement benefits.)

Provide a 3-4 page (APA Format) written paper that outlines your Benefits plan and Compensation package and its communication. Make sure you include your employee groups and use key terms from Part 4 in your textbook. In conclusion, describe how you developed your solution and why it is the most appropriate of your choices.

Reference no: EM131314318

What is the running theme that both films have in common

How does the labiasplasty film compare to the penile enlargement film?What is the running theme that both films have in common?What are your personal thoughts on altering geni

What media would you want to use in this project

You have been fortunate to get a paid internship for the summer working in a public relations agency, handling the Microsoft account. Your supervisor wants to do something

Sum up the responsibility of hr management

The textbook identified several issues that arise in the field of human resource (HR) management. Sum up the responsibility of HR management to address and solve these probl

Research on the most popular voluntary benefits

Payroll is usually the largest expense for a company. Following next are employee benefits expenses. While salaries have been flat in recent years, benefits expenses have ri

Assumptions about children and childrearing

Compare and contrast the theories of Piaget and Vygotsky. In what ways are they similar and in what ways are they different? Identify three assumptions about children and c

What elements constitute extrinsic compensation

Pay and benefits is only part of the equation in running a good operation. Management and the work environment make a difference. What other factors create employee job sati

Transformative agents of positive change

In the Discussion (see attached document below), you identified three topics in the field of education that ignite your passion and that may inform your end product in your pr

How does your leadership style compare to successful leader

Review the results of your assessment. How does your leadership style compare to the successful leader you identified? What traits does the successful leader have that you nee


Write a Review

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!

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