Compare and contrast salary and benefit packages of at least three comparable organizations
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 this business proposal format
. The package must be consistent with the objectives of job satisfaction for the valuable employees in an organization of your design.
The compensation package must include the following:
Compare and contrast salary and benefit packages of at least three comparable organizations in the same industry.
Examine what 21st-century employees consider to be benefits (see this week’s recommended readings for a start).
Consider what helps to keep employees engaged in their work (see State of the American workplace: Employee engagement for U.S. business leaders (Links to an external site.) and Surprising, Disturbing Facts From the Mother of All Employee Engagement Surveys (Links to an external site.)for some ideas).
Solution preview
In this case, focus will be on three organizations within the tech industry. These three organizations are Google, Yahoo and AOL. Different companies have different strategies to keep their employees engaged and motivated. In this case, it is important to note that there are differences and similarities in the way the companies……………………..
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