Explain the incentives and benefits being offered

Assignment Help HR Management
Reference no: EM131333110

Shannon Albright has an accounting degree from a U.S. accredited university. She also became certified as a CPA (certified public accountant). Upon graduation, she was offered and accepted an entry-level accounting position at a firm in Atlanta, GA. She has been gainfully employed with this firm for the last 5 years. Recently she interviewed with your firm, which is located in Boston, MA. You, working for the human resources department, want to hire Shannon for your organization's financial accountant position.

You know Shannon is a strong candidate, and you want to develop a competitive offer that will attract Shannon yet still fit within the company's budget and compensation structure (i.e., considering both internal and external equity).

With this in mind, you are asked to prepare the offer for Shannon. The following will be included in this package and should be specific to Shannon and this situation:

Compensation package: What pay rate will you offer (using salary survey research as support)? What else may be included in the compensation package?

Incentive plan: What performance-based incentives does this offer include?

Benefits plan: What specific benefit plans does this offer include?

It is important to provide the necessary supporting details to explain the incentives and benefits being offered. The more details you provide, the better educated Shannon will be to make her decision to accept.

Along with these packages, you will include a 1-page cover letter addressed to your supervisor that outlines what you propose to offer.
This cover letter should explain and justify the compensation package, incentive plan, and benefits plan.

Make sure to discuss job location and experience level

Your detailed plans will then follow that cover page.

Using the Internet and library, locate all necessary information for constructing these 3 packages. This is a research assignment so be sure to include and cite your research within the paper using APA style.

-Must include title page, abstract page, reference page, in text citations all in APA format

Reference no: EM131333110

Questions Cloud

Define solution concept for the family of bargaining games : Let ?1 and ?2 be two solution concepts for the family of bargaining games F. Define another solution concept ? for the family of bargaining games.
Assessing the role and the effectiveness of the tsa : CJ307-01 Crisis Management in Terrorist Attacks and Disasters. Write a short paper (2-4 pages doubled spaced) assessing the role and the effectiveness of the TSA in providing airport security
Calculator result for the operation indicated : Below is the calculator result for the operation indicated. Enter the answer to the correct number of significant figures for this calculation, using the rules for significant figures. 3.82193 + 10.5861 = 14.40803
Maximum height above the ground : (a) What is the maximum height above the ground that the ball reaches? (b) How long does it take to reach the maximum height? (c) How long does it take to reach the ground after it reaches its highest point?
Explain the incentives and benefits being offered : Incentive plan: What performance-based incentives does this offer include - What specific benefit plans does this offer include - explain the incentives and benefits being offered. The more details you provide, the better educated Shannon will be to..
What is amount abc receives if the bonds are priced at par : What is the amount ABC receives if the bonds are priced at par? What is the amount ABC receives if the bonds are priced at 96, a discount? What is the amount ABC receives if the bonds are priced at 102, a premium?
What ethical standards if any has tom violated : What ethical standards, if any, has Tom violated? Assume that Tom prepares the return. If asked, should he prepare next year's return?
Average speed on the second half : A race car completes a lap on a 1600 m long track with an average speed of 250 km/h. If the car's average speed on the first half of the track was 205 km/h, what was its average speed on the second half?
Magnitude of average acceleration : A jetliner goes from rest to a takeoff speed of 185 mi/h in 39.0 s. What is the magnitude of its average acceleration?

Reviews

Write a Review

HR Management Questions & Answers

  Sample question discussion questionslooking for an ota

sample question discussion questionslooking for an ota knowledgeable in this area of expertise. i am looking for

  Evaluate the essence of diversity in an organizational

Evaluate the essence of diversity in an organizational setting and the role it can play in accomplishing the nonprofit organization's mission and vision.

  Determining the amortized mortgage

If a company buys a building for $874,600 and finances the acquisition with a 10-year amortized mortgage that has a 3.96% interest rate with quarterly payment, how much principal will be repaid during year 5? can you show me the answer and how do ..

  Organization internal business processes

Identify at least three objectives for improving the organization's internal business processes, and show how they relate to the mission, vision, and strategy of the organization.

  Clinical and service quality

Identify a healthcare organization that has been significantly impacted due to low quality organizational performance in one or more areas.

  Long-term-large-scale change

After one year, you will be expected to begin opening additional stores in Brazil, Russia, India, and China (also known as the B.R.I.C. countries). This will be a long-term, large-scale change.

  How would you describe costco organizational culture

What terminal and instrumental values are likely to be especially important to him as a manager? How would you describe Costco's organizational culture? What role do you think Jim Sinegal and Craig Jelinek played in creating and maintaining Costco's ..

  Human resources kouzes-posner model of leadership research

human resources kouzes-posner model of leadership research foundation of modeli need assistance in preparing a position

  Describe soft-skills and hard-skills

Describe soft-skills and hard-skills. Give an example of each. Why do people need soft skills in an era of high technology? APA Guidelines are to be used for your in-text citations and sources.

  Competitive advantage for the organization

Do you feel the strategic compensation procedures discussed in this case study are a competitive advantage for the organization? Why or why not?

  Conflict management approaches to human behaviors

Conflict Management Approaches to Human Behaviors - Explain What management strategy would YOU have chosen and implemented in this case

  Defining motivational theories please and a training

defining motivational theories please and a training presentation about them.for your management track training you

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