Compensation and Benefits. Management Case Study.
This is a Collaborative Learning Community (CLC) assignment.
Develop a 750-1,000 word high level staffing and compensation plan. The plan should contain an introduction and conclusion that make relevant connections to the course objectives.
The purpose of this assignment is to simulate the thought process that managers use when planning for staffing and compensating employees. Students are not expected to produce a detailed proposal. Rather, the expectation is that students demonstrate consideration of the multiple complexities involved in staffing and compensation.
Obtain the Instructor's approval on the selected organization before writing the Staffing and Compensation Plan which should include:
1. Introduction.
2. Discussion of the staffing needs of your organization.
3. Explanation of the compensation plan for your organization.
4. Description of the employee benefits offered.
5. Conclusion.
Incorporate three to five resources (including your textbook) to support your Staffing and Compensation Plan.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. This is a CLC assignment it is 4 of us and I am only doing question 4 and only need 250 words. with I reference
Compensation and Benefits
Name
Institutional Affiliation
Compensation and Benefits
Description of the Employee Benefits Offered
Health ranks among the most fundamental necessities for human beings in modern times. Many employees are concerned and even worried about how they are going to meet their relative expenditures taking into account it can be expensive for their salaries and other needs. Being an important facet, employees will receive health insurance coverage that guarantees that encapsulates emergency care, hospitalization, as well as visits to primary care physicians. Health plans are not mandatory in the United States (Lake, 2020). In this regard, many employees will perceive this as a magnificent manner of the company showing their care towards them. This position may aid enhanced commitment and improved performance from employees.
Finances are also another employee benefit that should be taken into account. In the early days when capitalism was taking shape, Adam Smith noted that human beings are highly motivated to the cause when they realize d...
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