Assessment 5: Compensation and Benefits

 

Then select the class Fund of Human Resources and Mgmt and select assessment 5- Compensation and Benefits
From there please read the requirements for the paper, and the required/suggested sources needed to be used.

Write a research paper in which you address the compensation and benefits of a selected organization, based on information you have gathered and

analyzed about the organization.

Structuring and communicating a total compensation package that meets regulatory requirements and the needs of the workforce requires a delicate

balancing act between what is required and what will contribute to an effective relationship between employer, employee, and the community in which the

company operates. Communicating benefits programs to employees can be as important as the benefits themselves. Knowing how to leverage all available

compensation options is a necessary skill for any HR professional.

**INSTRUCTIONS**
Preparation

Choose an organization to use for this assessment. It can be where you are currently employed or a company with which you are familiar. It must be an

organization that is researchable, as you will need to gather and analyze information in order to complete the assessment. You may use the same

organization for the other assessments in this course.
If you choose the organization where you are currently employed, please keep in mind that the analyses you make must be based on facts that can be

documented rather than your personal opinion as an employee.
Research the compensation and benefits of your selected organization. These topics are fluid and ever-changing, and a very good resource of information

for these topics is the Capella library. Please search for sources published within the last 1–2 years for your assessment as you describe the

compensation and benefits programs your chosen organization offers.

Deliverable

Based on your research into the compensation and benefits of the organization you selected, write a research paper in which you complete the following:

Describe the formal pay structure within the organization.
Describe any benchmarking activities the organization undertakes, including information on whether the organization offers a competitive compensation

structure or incentives.
Describe any profit sharing or stock ownership programs that are available.
Explain which benefits offered by the organization are legally mandated and which are voluntary.
Analyze the cost of the benefits to the organization.
Explain how benefits are communicated to employees.
Analyze the environmental factors that have influenced the compensation and benefits of the organization.
Describe any problems associated with the compensation policies of the organization.
Analyze any current issues related to compensation and benefits faced by the organization.

Please note: You must address all the required elements of this assessment. If details for any of the bulleted points are unavailable, research the

topic and present recommendations you believe would be best for the organization, along with your supporting rationale.
Additional Requirements

Your submitted assessment should include a title page, introduction, body, conclusion, and reference page.
Be sure you support your analyses with references to at least two resources.
You should format this assessment as a research paper following APA 6th edition guidelines for both style and citing sources, making sure that you also

use correct grammar and mechanics.

Be sure you answer these criteria’s as well:
– Analyzes types of employee compensation.
– Analyzes the role of benchmarking activities in developing a competitive compensation structure.
-Analyzes the costs of employee benefits to a company. Compares the costs to potential ROI.
-Analyzes how benefits are communicated to employees.
-Analyzes the differences between benefits that are legally mandated and those that are voluntary.
-Analyzes environmental factors that can influence the compensation and benefits offered by an organization.
-Analyzes issues related to compensation and benefits packages organizations face and the potential impact on employee compensation and benefits

packages.

Please thoroughly read through the requirements and complete Assessment 5

 

 

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