Hrm 530 Week 10 Employee Compensation and Benefits

In: Business and Management

Submitted By smartsolution
Words 509
Pages 3
HRM 530 Week 10 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: 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.
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…...

Similar Documents

Devry Hrm 430 Compensation and Benefits Week 3 Assignment

...University HRM-430 Week 3 Assignment Compensation embodies both the intrinsic and extrinsic rewards employees obtain for accomplishing their jobs. Collectively, both intrinsic and extrinsic compensation refer to a company’s total compensation system. Innate compensation replicates employees’ psychological mind-sets that stem from accomplishing their duties. Extrinsic compensation consists of both financial and nonfinancial benefits. Organizational development professionals promote intrinsic compensation through effective job design. (Martocchio 4) Compensation is based on the following: • market study regarding the value of comparable jobs in the marketplace, • employee contributions and achievements, • the accessibility of employees using comparable skills in the marketplace, • the need of the employer to appeal and retain a certain employee for the value they are recognized to add to the employment relationship, and • the profitability of the company or the funds available in a non-profit or public sector setting, and thus, the ability of an employer to pay market-rate compensation. “Compensation moreover comprises payments such as bonuses, profit sharing, overtime pay, recognition rewards and checks, and sales commission. Compensation can also consist of non-monetary perks such as a company-paid car, stock options in certain instances, company-paid housing, and other non-monetary, but taxable, income items.” (Heathfield) Overview of Compensation......

Words: 812 - Pages: 4

Hrm531 Hrm/531 Compensation and Benefits Strategies Recommendations Week 3

...HRM531 HRM/531 Compensation and Benefits Strategies Recommendations Week 3 Download 100% accurate A++ and most economical answer from here http://www.homeworkmarket.com/content/hrm531-hrm531-compensation-and-benefits-strategies-recommendations-week-3-1 Complete the Compensation and Benefits Strategies Recommendations task as described in the Email from Traci on the Atwood and Allen Consulting Page. Hello, For this task, I need you to work with a team. You will only be able to work with one client, though, so everyone in your team must agree on which client to work with. I need you to develop some compensation and benefit recommendations for the client. Don't forget to check the Client Communications link to see a copy of my communications with the client regarding this issue. In your recommendation, make sure you do the following: Conduct a market evaluation by researching what companies in the relevant market are providing to employees from a total compensation perspective. Recommend a compensation structure. Recommend the position in the market. Create a total compensation and benefits strategy. Consider the use of performance incentives and merit pay to recognize and engage employees. Identify laws related to the benefits and pay program. Your recommendation should be no more than 1,750 words. Please have this to me by the end of the week. Download 100% accurate A++ and most economical answer from here http://www.homeworkmarket...

Words: 274 - Pages: 2

Hrm 530 Week 10 Assignment 5

...A++PAPER;http://www.homeworkproviders.com/shop/hrm-530-week-10-assignment-5/ HRM 530 WEEK 10 ASSIGNMENT 5 HRM 530 Week 10 Assignment 5, 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. 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...

Words: 500 - Pages: 2

Hrm 531 Week 3 Compensation and Benefits Strategies Recommendations

...A++PAPER;http://www.homeworkproviders.com/shop/hrm-531-week-3-compensation-and-benefits-strategies-recommendations/ HRM 531 WEEK 3 COMPENSATION AND BENEFITS STRATEGIES RECOMMENDATIONS Complete the Compensation and Benefits Strategies Recommendations task as described in the Email from Traci on the Atwood and Allen Consulting Page. Learning Team Assignment: Compensation and Benefits Strategies Recommendations Purpose of Assignment For this task, Traci has asked your team to develop compensation and benefits strategies for your client. It is important to understand the relationship of compensation and benefits to achieving business objectives and employee attraction and retention. You will also need to consider the increasing cost of compensation and benefits and appropriate actions management may take to maintain or reduce this cost factor. It is important that any business have a compensation and benefits plan that not only attracts and helps to retain quality employees, but also allows the business to survive financially. Resources Required Week Three e-mail from Traci and Week Three client communications Includes results of a market evaluation Recommends a compensation structure Recommends position in the market Includes a total compensation and benefits strategy Includes the use of performance incentives and merit pay to recognize and engage employees when appropriate Identifies laws related to benefits and pay programs The recommendation......

Words: 266 - Pages: 2

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: 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...

Words: 522 - Pages: 3

Hrm 530 Hrm530 Week 1 to Week 11 Complete Course Hrm 530 Hrm 530 Week 1 to Week 11 Complete Course

...HRM 530 HRM530 Week 1 to Week 11 Complete Course Click below link for Answer or visit www.workbank247.com http://workbank247.com/q/hrm530-complete-course-week-1-11/7905 Download All assignments Answer Here http://workbank247.com/q/hrm-530-assigments/7906# HRM530 Week 1 Discussion 1 "Managing Change in Organizations" Please respond to the following: Determine why change is so difficult for organizations. Propose ways that human resource (HR) specialists can assist in making change easier. Propose two ways that HR can prepare its employees for the changes involved with moving from a domestic assignment to an overseas assignment. Respond and evaluate another learner’s comment. Ground students will do this through discussion. HRM530 Week 1 Discussion 2 "Future of Human Resource Management" Please respond to the following: From the e-Activity, examine three trends in HR. Provide probable causes for these trends. Predict how these trends will affect organizations in a single sector of your choosing. Examine the duties and responsibilities of a HR specialist. Determine the contributions that someone in this position makes to an organization. Support your position. HRM530 Week 2 Discussion 1 "Strategic Approach" Please respond to the following: Assess Southwest Airlines’ strategic approach to human resource (HR) management. Determine how its strategy increases organizational effectiveness Propose three ways that HR can use competitive advantage in the......

Words: 3579 - Pages: 15

Hrm 530 Hrm530 Week 1 to Week 11 Complete Course Hrm 530 Hrm 530 Week 1 to Week 11 Complete Course

...HRM 530 HRM530 Week 1 to Week 11 Complete Course Click below link for Answer or visit www.workbank247.com http://workbank247.com/q/hrm530-complete-course-week-1-11/7905 Download All assignments Answer Here http://workbank247.com/q/hrm-530-assigments/7906# HRM530 Week 1 Discussion 1 "Managing Change in Organizations" Please respond to the following: Determine why change is so difficult for organizations. Propose ways that human resource (HR) specialists can assist in making change easier. Propose two ways that HR can prepare its employees for the changes involved with moving from a domestic assignment to an overseas assignment. Respond and evaluate another learner’s comment. Ground students will do this through discussion. HRM530 Week 1 Discussion 2 "Future of Human Resource Management" Please respond to the following: From the e-Activity, examine three trends in HR. Provide probable causes for these trends. Predict how these trends will affect organizations in a single sector of your choosing. Examine the duties and responsibilities of a HR specialist. Determine the contributions that someone in this position makes to an organization. Support your position. HRM530 Week 2 Discussion 1 "Strategic Approach" Please respond to the following: Assess Southwest Airlines’ strategic approach to human resource (HR) management. Determine how its strategy increases organizational effectiveness Propose three ways that HR can use competitive advantage in the......

Words: 3579 - Pages: 15

Hrm530 Week 10 Discussion 1 & 2 Hrm 530 Week 10 Discussion 1 & 2

...HRM 530 HRM530 Week 1 to Week 11 Complete Course Click below link for Answer or visit www.workbank247.com http://workbank247.com/q/hrm530-complete-course-week-1-11/7905 Download All assignments Answer Here http://workbank247.com/q/hrm-530-assigments/7906# HRM530 Week 1 Discussion 1 "Managing Change in Organizations" Please respond to the following: Determine why change is so difficult for organizations. Propose ways that human resource (HR) specialists can assist in making change easier. Propose two ways that HR can prepare its employees for the changes involved with moving from a domestic assignment to an overseas assignment. Respond and evaluate another learner’s comment. Ground students will do this through discussion. HRM530 Week 1 Discussion 2 "Future of Human Resource Management" Please respond to the following: From the e-Activity, examine three trends in HR. Provide probable causes for these trends. Predict how these trends will affect organizations in a single sector of your choosing. Examine the duties and responsibilities of a HR specialist. Determine the contributions that someone in this position makes to an organization. Support your position. HRM530 Week 2 Discussion 1 "Strategic Approach" Please respond to the following: Assess Southwest Airlines’ strategic approach to human resource (HR) management. Determine how its strategy increases organizational effectiveness Propose three ways that HR can use competitive advantage in the......

Words: 3581 - Pages: 15

Hrm530 Week 10 Assignment 5: Hrm 530 Week 10 Assignment 5:

...HRM 530 HRM530 Week 1 to Week 11 Complete Course Click below link for Answer or visit www.workbank247.com http://workbank247.com/q/hrm530-complete-course-week-1-11/7905 Download All assignments Answer Here http://workbank247.com/q/hrm-530-assigments/7906# HRM530 Week 1 Discussion 1 "Managing Change in Organizations" Please respond to the following: Determine why change is so difficult for organizations. Propose ways that human resource (HR) specialists can assist in making change easier. Propose two ways that HR can prepare its employees for the changes involved with moving from a domestic assignment to an overseas assignment. Respond and evaluate another learner’s comment. Ground students will do this through discussion. HRM530 Week 1 Discussion 2 "Future of Human Resource Management" Please respond to the following: From the e-Activity, examine three trends in HR. Provide probable causes for these trends. Predict how these trends will affect organizations in a single sector of your choosing. Examine the duties and responsibilities of a HR specialist. Determine the contributions that someone in this position makes to an organization. Support your position. HRM530 Week 2 Discussion 1 "Strategic Approach" Please respond to the following: Assess Southwest Airlines’ strategic approach to human resource (HR) management. Determine how its strategy increases organizational effectiveness Propose three ways that HR can use competitive advantage in the......

Words: 3581 - Pages: 15

Hrm 530 Week 10 Assignment 5

...HRM 530 WEEK 10 ASSIGNMENT 5 A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=hrm-530-week-10-assignment-5 Visit Our website: http://hwsoloutions.com/ Product Description HRM 530 Week 10 Assignment 5, 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. 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...

Words: 510 - Pages: 3

Hrm 531 Week 3 Compensation and Benefits Strategies Recommendations

...HRM 531 WEEK 3 COMPENSATION AND BENEFITS STRATEGIES RECOMMENDATIONS A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=hrm-531-week-3-compensation-and-benefits-strategies-recommendations Visit Our website: http://hwsoloutions.com/ Product Description HRM 531 Week 3 Compensation and Benefits Strategies Recommendations Compensation and Benefits Strategies Recommendations In modern business different types of resources are used to accomplish company goals and compete in the marketplace. None of the other resources are as diverse and difficult to control as the human resource. Humans are needy and greedy. They need benefits and desire compensation. This makes it hard to control and maintain a stable workforce. This is why companies offer benefit packages and compensation to employees. Landslide Limousines is no exceptions to compete in the transportation marketplace they must maintain their employees and hold their skill personnel. In this paper, several recommendations benefits and compensation packages shall be made for Landslide. Results of a Market Evaluation On account of tight competition, hiring qualified and experienced limousine drivers in Austin, Texas for a small start-up business is challenging. Austin has a large number of competing limousine businesses operating in or near the Austin area. 441 competing companies in Austin create a number of issues when it deals with human resources. Among the problems one could expect in this market......

Words: 594 - Pages: 3

Hrm 520 Week 10 Assignment 5 E Compensation

...HRM 520 WEEK 10 ASSIGNMENT 5 E COMPENSATION To purchase this visit here: http://www.activitymode.com/product/hrm-520-week-10-assignment-5-e-compensation/ Contact us at: SUPPORT@ACTIVITYMODE.COM HRM 520 WEEK 10 ASSIGNMENT 5 E COMPENSATION HRM 520 Week 10 Assignment 5 - e-Compensation Write a six to eight (6-8) page paper in which you: 1. Assess the advantages and disadvantages of using a Web-based compensation tool versus a client-server based or stand-alone PC-based system and then give your opinion on which system would provide the most value to an organization’s stakeholders. Include three (3) facts to support your opinion. 2. Justify the use of e-Compensation tools in the job-evaluation process from the perspective of HR, management, and the employee. 3. Evaluate three (3) benefits and three (3) drawbacks of a centralized approach to managing merit pay programs compared to a more decentralized approach. 4. Suggest three (3) types of integrated analytic features that are needed for compensation planning and decision support in e-Compensation systems. 5. Assess the barriers that prevent organizations from realizing the potential of Web-based internal equity tools and propose three (3) approaches to overcome those barriers. 6. Recommend three (3) strategies that HR managers can use to evaluate the quality of market data (surveys, benchmark salary studies, etc.) that they receive from outside sources. Use at least four (4) quality academic resources in this......

Words: 844 - Pages: 4

Hsa 530 Week 10 Hsa530 Week 10

...HSA 530 Complete Course HSA530 Complete Course Click Link for the Answer: http://workbank247.com/q/hsa-530-complete-course-hsa530-complete-course/20977 http://workbank247.com/q/hsa-530-complete-course-hsa530-complete-course/20977 HSA 530 Week 1 Discussion "Changes in Human Resource Management (HRM) and Employment Law"  Please respond to the following: * * From the scenario “Learnscape 1: More Help Needed – Now!”, examine the role of human resources in health care organizations. Suggest a key characteristic that is required by HR to establish effective relationships with line managers, indicating the likely impact to the organization. * * From the scenario “Learnscape 2: Tough Dad Approach”, recommend a strategy that HR can use to address complaints related to a specific employee rights issue. Provide support for your recommendation.  HSA 530 Week 2 Discussion "Human Resources Activities and Relationships"  Please respond to the following: * Analyze the HR function you believe to be the most important to the overall success of the organization. Provide one example to support your rationale. * * From the scenario “Learnscape 3: The Silent Group”, analyze the role that line managers in health care organizations play in developing HRM. Provide an example to support your analysis. HSA 530 Week 3 Discussion "Job Descriptions and Employee Training and Development"  Please respond to the following: * Go to the Joint Commission’s Website located......

Words: 3978 - Pages: 16

Designing Compensation Systems and Employee Benefits

...Designing Compensation Systems and Employee Benefits Compensation 1 Describe the differences between job analysis and job evaluation and how these practices help establish internally consistent job structures. A job analysis is a step-by-step specification of an employment position's requirements, functions, and procedures. Just as a seed cannot blossom into a flower unless the ground is properly prepared, many human resource management (HRM) practices cannot blossom into competitive advantage unless grounded on an adequate job analysis. A job evaluation is the process of analyzing and accessing the various jobs systematically to ascertain their relative worth in an organization. Job is evaluated on the basis of their content and is placed in the order of their importance. To achieve internal consistency, a firm's employees must believe that all jobs are paid what they are "worth." In other words, they must be confident that company pay rates reflect the overall importance of each person's job to the success of the organization. Because some jobs afford a greater opportunity than others to contribute, those holding such jobs should receive greater pay. For instance, most would agree that nurses should be paid more than orderlies because their work is more important; that is, it contributes more to patient care, which is a primary goal of hospitals. Compensation 2 For pay......

Words: 1214 - Pages: 5

Employee Benefits Hrm 240

...Employee Benefits Sheila Amparado July 29, 2012 HRM/240 Elizabeth Bossell To: Upper Management From: Sheila Amparado Date: July 29’ 2012 Subject: Employee Benefits for Registered Nurses Introduction Within our Healthcare Organization there a number of diverse employees it is extremely difficult to maintain appropriate benefits for each specific individual. Although it is difficult we need flexibility to put the correct benefits in place. As stated on July 1, 2012 healthcare cost are rising and there has been a large number of claims. We are suggesting new appropriate benefits for our Registered Nurses. Recently the Human Resources Department and Upper Management attended a meeting to discuss different employee benefit plans. It was determined that our organization needs to reduce our companies total cost for these benefits. As an organization we are determined to provide our employees with best possible benefits that our company can afford at the present time. Nonetheless, employees and their families need employee benefits. There are several reasons why employees need benefits: medical care, ensuring future finances, unexpected absences, and tragic events. Our organization needs to provide employee benefits in order to keep quality employees with positive attitudes. I have complied a brief summary of employee benefits that the organization would like to offer Registered Nurses in the year 2013.......

Words: 685 - Pages: 3

زجاجة قطع الزجاج أداة القطع الاكريليك DIY مع الصنفرة | Princess Lover! Uncensored | 02.11.1819:27 Uhr Yet Another Tower Defence Simulation0 / 0681 Hits VID P2P DDL 0 Kommentare