Analyzing Compensation Plans and Employee Benefits Program IP.

Words: 320
Pages: 2
Subject: Uncategorized

Deliverable Length: 5-7 slides with speaker notes of 200 – 250
words per slide (excluding title and reference slides)

Assignment Descriiption
Building on the knowledge you have gained in this course, you will be reviewing the compensation and benefit package offered by your organization.
Create a presentation that addresses the following in your analysis:
Review the type of job analysis used by your organization and determine if it is effective. Then, evaluate whether other types of analyses would work better for the type of
work performed in your organization.
Discuss the methods of job evaluation your organization uses and make any recommendations for improving the validity of the data gained from this evaluation.
Analyze the process used to tie job descriiptions to criteria for candidate selection, paying particular attention to the validity of the correlation between job tasks and
candidate criteria.
Review and recommend ways to improve the compensation structure to match the strategic targets for internal and external pay equity, rates, scales, and market position.

In addition, review the benefits package offered by your organization, and make recommendations that will make the benefits package more attractive to a diverse
workforce and talent pool.

Assignment Objectives:
Conduct structured interviews for the selection of human resources.
Develop a compensation plan for an organization that promotes both internal and external pay equity.
Discuss the elements of job analysis and job evaluation.
Identify the components of direct and indirect compensation.
Implement a system of selecting human resources that is both valid and reliable.

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