Is the compensation plan attractive enough

Assignment Help English
Reference no: EM131432124

Organizations should constantly review its compensation package to ensure it is competitive with the current market conditions. Many companies attempt to offset salaries with benefits such as premium medical plans, 401k matching, and stock options. Yet, some employees still feel as though they are under compensated for their talents and contributions to the company.

Think about your current yearly compensation plan at your organization, a previous organization, or if you don't have options other than a salary, you can research plans online (please be sure to reference the company used). Compensation extends beyond just the paycheck provided to you. It includes medical coverage, tuition reimbursement, flex spending account options, etc.

Analyze the compensation plan and address the following questions:

Is the compensation plan attractive enough to retain current employees and recruit new talent? Identify the key elements that serve as a positive draw of this talent to your organization.

Recommend areas for improvement. For example, if the compensation plan does not include 401k investing, why should your company consider including that as part of the compensation package.

Write your responses in about 300 words. Use scholarly, peer-reviewed sources as necessary to support your position. Be sure to follow proper APA format.

Reference no: EM131432124

Questions Cloud

Describe the benefits and limitations of expert review : Q1. What is expert review? Describe the benefits and limitations of expert review. Describe the six different types of expert review methods.
Explain basic principle involved in establishing site layout : Explain the basic principles involved in establishing a site layout for a spill or release response. In your response, include the requirements for air and personnel monitoring.
Exercise-asymmetric encryption : You installed Cryptool version 1.4.31 in Week 2. If you uninstalled Cryptool, you will need to reinstall the software as you did in Week 2. Follow the same instructions from unit 2 to open Cryptool. Click on File from the top menu bar and select Ne..
Do losses on 120 individual patients in given table appear : Checking the Normality of losses. Do the losses on the 120 individual patients in given Table appear to come from a single Normal distribution?
Is the compensation plan attractive enough : Is the compensation plan attractive enough to retain current employees and recruit new talent? Identify the key elements that serve as a positive draw of this talent to your organization.
Analyzing the internal and external factors : Write a four- to five-page APA formatted paper (excluding the title and reference pages), using a minimum of three scholarly sources in addition to the textbook, analyzing the internal and external factors contributing to an individual's resistanc..
Provide an example of a spill or cleanup scenario : Compare and contrast the four levels of PPE protection used during spill response and cleanup activities. In your discussion, provide an example of a spill or cleanup scenario for each level.
Analyze four to six potential problems : Analyze four to six potential problems that virtual teams typically face. Is the hypothetical team you described susceptible to these problems? What specific problems might it develop?
Interface design and navigation in the android platform : Discuss the principles and components of interface design and navigation in the Android platform?

Reviews

Write a Review

English Questions & Answers

  How scientists learn about past global temperatures

How scientists learn about past global temperatures and climates.Greenhouse gases and their role in current climate change.

  Comment on gaunt description

In Richard II play by Shakespeare, Act 2, Scene 1, Lines 31-68, John of Gaunt gives a highly significant speech about England as a location described as a garden.

  Nbspjob satisfaction and organizational

nbspjob satisfaction and organizational commitmentabstractthe purpose of writing this paper is analysis why job

  Write a response to the given prompt using proper apa style

Write a response to the following prompt using proper APA Style. Prompt: You will watch a short sales presentation for an "As Seen on TV" product.

  Feel is the strongest reason to base decisions

1. Which do you feel is the strongest reason to base decisions: Authorities, References, Factual evidence or Personal experience?

  You will again submit the informed consent

You will again submit the Informed Consent, verifying approval to conduct their AR intervention/innovation. The available settings for your research are limited depending on your personal situation:

  Write paper on motivation and emotion

paper on Motivation and EmotionMotivation and Emotion Compare different approaches to motivation. Summarize the varieties of human needs.

  Why communication can be affect by culture and relationships

Explain how and why communication can be affected by the following: Culture and Relationships.

  1980s and western fashion - power dressing

Prepare a three-page (minimum) report in proper MLA format. A report gives factual information-it does not require a thesis to be proven or opinions to be discussed

  Word critical analysis of the chosen topic

The article and the two documentries is about doping in sports and focuses on the cases of Lance Armstrong and Marion Jones--two atheltes who were found guilty of using performance enhancing drugs, but suffered two very different consequences.

  The state school board chairperson has asked you a

the state school board chairperson has asked you a consultant on health and wellness to write an informative paper

  A change in the way you deal with other people

They are thin brown girls who have looked long at hollyhocks in the backyards of Meridian, Mobile, Aiken, and Baton Rouge. And like hollyhocks they are narrow, tall, and still. Their roots are deep, their stalks are firm, and only the top blossom nod..

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