Friday, November 16, 2018

Compensation assignment


Imagine you are an HR manager. You have been asked to design a compensation package for any of the following positions:

1)    A high-school teacher
2)    A sales manager of a clothing store
3)    A talk-show host/ TV anchor
4)    A front desk manager of a hospital
5)    A marketing manager of a restaurant


Pick a position of your choice. Design a compensation package for it. Explain the steps in your decision-making process. List whether you will evaluate the position’s value based on the job or the person. Where does this job fall in the line of command? What are some of its key responsibilities, duties, tasks and accountabilities? What skills and qualifications are required for the position and how would you compensate for those skills and qualifications? What are all the factors you need to take into consideration when designing the compensation package of the employee? What are the factors which influence your decision? What about the type of business, industry and global trends, legal and regulatory requirements?

I am confident that working as a team, you will be able to brainstorm and organize these requirements in a well-structured paper using your discretion. Needless to say you will be expected to collect information from the web but for EACH SENTENCE/S COPIED YOU MUST INCLUDE THE SOURCE IN BRACKETS, AFTER THE FULLSTOP.

Use your preferred format for the paper but the entire paper must be of uniform times new roman font 12. Use your discretion to decide what you will write in your introduction, body and conclusion. The paper should be between 6 to 10 pages.