Designing a Compensation Package

Designing a Compensation Package

The Job Description is “Human Resource Management.”

Below are some of the methods of job evaluations:

The Duties and Responsibilities of the personnel are to be able to plan, direct, & coordinate HR management activities of an organization. They must maintain functions such as employee compensation, recruitment, personnel policies, & regulatory compliance. They have to identify staff vacancies & recruit, interview & select applicants, allocate HR, ensuring appropriate matches between personnel by providing current & prospective employees with information about policies, job duties, working conditions, wages opportunities for promotions and employee benefits. Staff must perform difficult staffing duties, understaffing, refereeing disputes, firing employees, administer disciplinary procedures, along with advising managers on organizational policy matters, such as equal employment opportunity and sexual harassment and recommend needed changes.
The Minimum Knowledge, Skills and Abilities: Minimum knowledge to possess are Customer and Personal service, Administration & Management, Law & Government, Clerical and Education & Training. The Skills required are Active listening, writing, reading comprehension, speaking negotiation, time management and social perceptiveness. Some of the abilities needed are oral comprehension & expression, written expression & comprehension, deductive & inductive reasoning, problem sensitivity along with fluency of ideas. These are some of the characteristics one must be able to do in order to have an effective HR program

Using the job description and evaluation method that you created for the exercises in weeks 2 & 3, and the feedback from peers, design a proposal for a competitive compensation package for the position, including the following elements:

  • Job description
  • Method of Job evaluation
  • Intrinsic and extrinsic benefits
  • Compensation package and rationale for same
  • How performance will be measured
  • Why the proposal you have created is appropriate for the market at this time.
  • Compensation strategy.

The proposal should be formatted in accordance with APA, 6th edition, and the guidelines of the template provided at the
Ashford Writing Center.  It should be between 2000 – 2500 words in length excluding title page and references.  Be sure to include at least 6 scholarly and/or popular sources, one of which must be the course text