Reference no: EM131011489
Article: Compensation and Benefits: Theory to Practice
Flexible work schedules, available day care, and a safe working environment are just some of the nonwage benefits that can be offered to attract and retain quality employees. As such, monetary compensation is not the sole factor for retaining employees.
Write a paper that compares and contrasts various forms of compensation, incentives, and benefits. What are the advantages and disadvantages to the employer offering these different benefits? Include an analysis of issues that an organization and employees may face in regards to the nonwage benefits.
Support your paper with at least five (5) resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages (not including title and reference pages).