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Salaries and benefits packages of comparable organizations in the same industry.

Crafting a Compensation and Benefits Plan. Now that you have considered how to recruit and retain the employees you want in your organization, create a compensation and benefits package using the business proposal format that has been provided in business proposal format that is located in the Week Four section of the left-navigation pane of your online course. The package must be consistent with the objectives of job satisfaction for the valuable employees in an organization of your design.
Include the following:

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  • Salaries and benefits packages of comparable organizations in the same industry.
  • What employees working in the 21st century consider to be benefits (see this week’s recommended readings for a start).
  • What helps to keep employees engaged in their work (see “State of the American workplace: Employee engagement for U.S. business leaders” and “Surprising, disturbing facts from the mother of all employee engagement surveys” for some ideas).

 


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