Describe how hrm can maintain cost effective pay

Assignment Help Microeconomics
Reference no: EM131217985

Assignment

Benefiting administration is a strong part of the employee value propositions. Compare three organizations and how these organizations have demonstrated best practices in offering employee benefits. Additionally, document how the following considerations impact cost effective and value added benefit administration.

1. Describe how these organizations handle the changing legal and regulatory environment to ensure that pay and benefit programs meet legal requirements, whether these are developed by state or federal agencies.

2. Describe how HRM can maintain cost effective pay and benefit programs within this environment in which laws and regulations seem to change on a regular basis.

3. Examine the current environment and determine future trends which may challenge organizations in designing and maintaining effective pay and benefit programs. In particular, assess the trends and challenges facing employee benefits.

4. Discuss whether organizations can anticipate these changes and ensure that strategic objectives are not significantly altered by these changes.

Length: 5-7 pages, not including title and reference pages.

Reference no: EM131217985

Questions Cloud

What are some examples of e-mail scams : What are some examples of e-mail scams (e.g., Nigerian scams, false credit or account alerts, dating scams, etc.)? What is the purpose of such an e-mail attack?
Identifies at least two areas in which your team worked well : Prepare a 5- to 8-slide Microsoft PowerPoint presentation that identifies at least two areas in which your team worked well with one another, identifies challenges your team faced, and proposes specific actions that can be taken for improvement.
Collision counts of the hubs : 2) We analyzed the collision counts of the hubs. Can you analyze the collision count of the"switch"? Explain your answer.
Sequence of twenty numbers : Write an algorithm that adds up a sequence of twenty numbers and outputs the sum of the numbers as well as the average of the numbers.
Describe how hrm can maintain cost effective pay : Describe how HRM can maintain cost effective pay and benefit programs within this environment in which laws and regulations seem to change on a regular basis.
Identify the security requirements : The first requirement is to list all of the components that are present in your network, to describe which components must be monitored, and to identify the security requirements of each monitored component.
Producing a simple white paper : Your manager has tasked you with producing a simple white paper that describes at a high level how network monitors actually capture and report information about the state of a network and the nodes that are present on a network. Your paper will b..
Do you have another analogy to offer to understand essence : Is it reasonable to use this analogy when considering or understanding the 330 million deities of Hinduism? Why or why not? Do you have another analogy to offer to help understand the one essence yet the multiplicity of deities?
How would she go about proving a violation of her rights : Your coworker feels very strongly that it is because she is pregnant and going on maternity leave in two months. Other than two weeks of doctor-ordered bed rest for gestational diabetes, your coworker has an impeccable performance record throughou..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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