Compensation and Benefits Plan

Develop a compensation & benefits package using the format in this link: https://www.youtube.com/watch?v=CZCaA5Z7MN8 format example also located at very bottom of this page. This package must be consistent with the objectives of job satisfaction for every valuable member within the organization of your design. The below categories must be included:

Salaries & benefits packages must be comparable to organizations within the same industry.
What does employees of the 21st century consider to be benefits. Located below are some examples:

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Employer match for 401(k) plans. Cost of living adjustment pay not dependent upon performance or seniority. Flexible work schedule (remote, compressed work week, customized hours). Company-provided student loan repayment assistance including 401(k) match for student loan repayments. Childcare assistance programs including onsite childcare, or a childcare savings program funded by employee donations matched by the employer, Elder care assistance and/or family-needs assistance programs, Employer-provided paid time off for volunteering in the community, Employee discount programs such as legal aid networks, medical ambulance or med flight transportation programs, Disaster relief funds (funded by employee donations matched by the employer). Check out  ore information at https://en.wikipedia.org/wiki/Compensation_and_benefits

Elaborate on what helps keep employees engaged in doing their jobs within the workplace. Utilize the following website below for ideas:

https://www.gallup.com/services/176708/state-american-workplace.aspx

https://www.forbes.com/sites/victorlipman/2013/09/23/surprising-disturbing-facts-from-the-mother-of-all-employee-engagement-surveys/?sh=65bd79413120

Bold APA headings are examples to use.

Introduction

(Keep brief clear & concise along with strong thesis statement)

Background of Organization

(Short information about the company you “created”)

Compare & Contrast of Industry

(Include at least 3 companies & utilize the table format within this section)

Engagement

(Review the articles above in directions & discuss what keeps employees engaged. Make sure you keep those engagements for reference when you develop the proposal below.)

Proposal for Benefits

(Recommend utilizing bullet point for ideas, use a paragraph or two for justification using theories, such as Herzberg’s motivation-hygiene theory, for your support)

Conclusion

 

References

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