UNDERSTANDING BUSINESS LL W/CONNECT
UNDERSTANDING BUSINESS LL W/CONNECT
12th Edition
ISBN: 9781264759927
Author: Nickels
Publisher: MCG
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Chapter 11, Problem 3CE
Summary Introduction

To discuss: The task performed, skills needed, pay and opportunity outlook of the career.

Introduction: Benefit manager are those who analyze and design benefits programs like medical, life and many others of the employee and ensure that they are benefited.

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As an associate member of the institute of human resources, you have been invited to give a presentation on employee benefits. Briefly outline your presentation under the following sub headings  Justification for employee benefits Statutory benefits and their importance Factors considered in benefit planning Effective administration of benefits
Remuneration packages need to be created, managed and distributed efficiently. This is where human resource professionals that specialize in compensation and benefits get involved. Why would an employer determine whether its benefit package is attractive to employees and equal, if not better, than that offered by other similar employers?
Merit pay plans appear to be the most common form of compensation in the United States. Although widely used, these systems are not suitable for all kinds of jobs. Based on your knowledge of merit pay systems, identify one job for which merit pay may be appropriate. Explain in detail why you chose the job for appropriate merit pay and the job you chose as not appropriate.
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