Assignment 5: Employee Compensation and Benefits
This assignment
consists of two (2) sections: a narrative and a PowerPoint presentation. You
must submit two (2) sections for the completion of this assignment. Label each
file name according to the section of the assignment it is written for.
Imagine that you have
just been hired by a new company as the director of the HR department. You have
been tasked to hire a new secretary for the department and to develop an
employee compensation and benefits package that will be used for that position
upon hire. Develop a PowerPoint presentation to present this information to
your Vice President. Go to the Bureau of Labor Statistics (BLS) Website, located
at www.bls.gov, for information regarding organizations and pay in your
geographical area.
Section 1: Narrative
Write a two to three (2-3) page paper in which you:
Choose
the type of organization for which you are designing the package.
Develop
an employee compensation and benefits package for this new position. Support
your ideas for the compensation/benefits package.
Use at
least three (3) quality academic resources in this assignment. Note: Wikipedia
and other Websites do not qualify as academic resources.
Section 1 of your
assignment must follow these formatting requirements:
Be typed,
double spaced, using Times New Roman font (size 12), with one-inch margins on
all sides; citations and references must follow APA or school-specific format.
Check with your professor for any additional instructions.
Include a
cover page containing the title of the assignment, the students name, the
professors name, the course title, and the date. The cover page and the
reference page are not included in the required assignment page length
Section 2: Presentation
Create a
twenty (20) slide PowerPoint presentation in which you:
Provide
an overview of the employee compensation and benefits package that you
developed in the narrative portion of this assignment.
Determine
if the employee will be exempt or nonexempt and discuss how overtime will be
handled.
Suggest
other benefits that might be considered within the next few months to enhance
employee performance and provide job motivation.
Provide
information on how government regulations will influence the compensation.
Examine
data from two (2) organizations listed in the BLS Website with packages similar
to yours, focusing on salary, compensation, and benefits in order to convince
upper management that your package should be accepted and implemented.
Describe
how the competitive compensation and benefits package will align with the HRM
strategy.
The specific course
learning outcomes associated with this assignment are:
Design
training and development systems to improve employee performance.
Develop
competitive compensation and benefits packages that align with HRM strategy.
Use
technology and information resources to research issues in strategic human
resource development.
Write
clearly and concisely about strategic human resource development using proper
writing mechanics.Assignment 5: Employee Compensation and BenefitsThis assignment
consists of two (2) sections: a narrative and a PowerPoint presentation. You
must submit two (2) sections for the completion of this assignment. Label each
file name according to the section of the assignment it is written for.Imagine that you have
just been hired by a new company as the director of the HR department. You have
been tasked to hire a new secretary for the department and to develop an
employee compensation and benefits package that will be used for that position
upon hire. Develop a PowerPoint presentation to present this information to
your Vice President. Go to the Bureau of Labor Statistics (BLS) Website, located
at www.bls.gov, for information regarding organizations and pay in your
geographical area.
Section 1: Narrative
Write a two to three (2-3) page paper in which you:
Choose
the type of organization for which you are designing the package.
Develop
an employee compensation and benefits package for this new position. Support
your ideas for the compensation/benefits package.
Use at
least three (3) quality academic resources in this assignment. Note: Wikipedia
and other Websites do not qualify as academic resources.Section 1 of your
assignment must follow these formatting requirements:
Be typed,
double spaced, using Times New Roman font (size 12), with one-inch margins on
all sides; citations and references must follow APA or school-specific format.
Check with your professor for any additional instructions.
Include a
cover page containing the title of the assignment, the students name, the
professors name, the course title, and the date. The cover page and the
reference page are not included in the required assignment page lengthSection 2: Presentation
Create a
twenty (20) slide PowerPoint presentation in which you:
Provide
an overview of the employee compensation and benefits package that you
developed in the narrative portion of this assignment.
Determine
if the employee will be exempt or nonexempt and discuss how overtime will be
handled.
Suggest
other benefits that might be considered within the next few months to enhance
employee performance and provide job motivation.
Provide
information on how government regulations will influence the compensation.
Examine
data from two (2) organizations listed in the BLS Website with packages similar
to yours, focusing on salary, compensation, and benefits in order to convince
upper management that your package should be accepted and implemented.
Describe
how the competitive compensation and benefits package will align with the HRM
strategy.The specific course
learning outcomes associated with this assignment are:
Design
training and development systems to improve employee performance.
Develop
competitive compensation and benefits packages that align with HRM strategy.
Use
technology and information resources to research issues in strategic human
resource development.
Write
clearly and concisely about strategic human resource development using proper
writing mechanics.
