Employee Compensation and Benefits

  • Assignment 5: Employee Compensation and Benefits
    Due Week 10 and worth 250 points
    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.
    Note: For additional information on how to submit more than one file for an assignment, follow the instructions in the document “How to Submit Multiple Files for an Assignment”, located here.
    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:
  1. Choose the type of organization for which you are designing the package.
  2. Develop an employee compensation and benefits package for this new  position. Support your ideas for the compensation/benefits package.
  3. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
  4. 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  student’s name, the professor’s 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:  4. Provide  an overview of the employee compensation and benefits package that you  developed in the narrative portion of this assignment. 5. Determine if the employee will be exempt or nonexempt and discuss how overtime will be handled. 6. Suggest  other benefits that might be considered within the next few months to  enhance employee performance and provide job motivation. 7. Provide information on how government regulations will influence the compensation. 8. 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. 9. 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.
  • Click here to view the grading rubric for this assignment.

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