Employee Compensation and Benefits
Imagine that you have just been hired by a new company asthe director of the HR department. You have been tasked to hire a new secretaryfor the department and to develop an employee compensation and benefits packagethat will be used for that position upon hire. Develop a PowerPointpresentation to present this information to your Vice President. Go to theBureau of Labor Statistics’ (BLS) Website, located at www.bls.gov, forinformation regarding organizations and pay in your geographical area. Section 1: NarrativeWrite a three page paper in which you:1. Choose the type of organization for which youare designing the package.2. Develop an employee compensation and benefitspackage for this new position. Support your ideas for the compensation/benefitspackage.Section 2: PresentationCreate a twenty (20) slide PowerPoint presentation in whichyou:3. Provide an overview of the employee compensation andbenefits package that you developed in the narrative portion of this assignment.4. Determine if the employee will be exempt or nonexempt anddiscuss how overtime will be handled.5. Suggest other benefits that might be considered withinthe next few months to enhance employee performance and provide job motivation.6. Provide information on how government regulations willinfluence the compensation.7. Examine data from two (2) organizations listed in the BLSWebsite with packages similar to yours, focusing on salary, compensation, andbenefits in order to convince upper management that your package should beaccepted and implemented.8. Describe how the competitive compensation and benefitspackage will align with the HRM strategy.
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