Design an Effective Compensation and Benefit Plan

Click here to order this assignment @Essayfix.net 100% Original.Written from scratch by professional writers.

Human Resource Management in the 21st Century (8938624590) You are working for a company that is currently experiencing high turnover. Based on the exit interviews, there is no issue with the level of salary the company provides, but employees complained about other incentives or benefits. Under the circumstances, the Board of Directors and leadership team asked you, the HR Director, to prepare an executive report to explain various forms of incentives and benefits that can be introduced in the company. In the report, you will need to: Provide a brief executive summary of the report (no more than one paragraph). Introduce three different types of incentives and benefits; be sure to include the strengths and weaknesses of each type. When selecting them, you need to consider the company’s budget limitations. The base salary of the company is very competitive within the same industry, so the company does not want to increase monetary burdens. Cost-effective ideas are necessary. Offer recommendations for ways to implement the ideas by avoiding potential weaknesses as your conclusion.  Support your paper with a minimum of three (3) scholarly resources, in addition to your required text. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included. Length: 3-4 pages, not title and reference pages Your essay should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect graduate-level writing and APA standards.

Click here to order this assignment @Essayfix.net 100% Original.Written from scratch by professional writers.