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Crafting a Compensation and Benefits Plan
Now that you have considered how to recruit and retain the employees you want in your organization, create a compensation and benefits package using this business proposal format. The package must be consistent with the objectives of job satisfaction for the valuable employees in an organization of your design.
The compensation package must include the following:
Compare and contrast salary and benefit packages of at least three comparable organizations in the same industry.
Examine what 21st-century employees consider to be benefits (see this week's recommended readings for a start).
Consider what helps to keep employees engaged in their work (see State of the American Workplace: Employee Engagement Insights for
U.S. Business Leaders and Surprising, Disturbing Facts From the Mother of All Employee Engagement Surveys for some ideas).
Your business proposal must be formatted according to APA style.
Find at least three jobs for which this basis for pay is inappropriate. Be sure to provide your rationale, given the information
The program promoted the use of new technology for efficiency. The creation of worthy jobs. Consumerism and safe work environments. Consumerism and the right to be heard.
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