Determine the compensation for a company


Imagine that you are an office manager and you have been tasked with the job of coordinating and heading the dismissal meeting for an employee layoff.

Create a six to eight (6-8) page paper in which you:

1. Propose three (3) ways that a manager can cope with any negative emotions that may accompany an employee layoff.

2. Describe a step-by-step process of conducting the dismissal meeting.

3. Determine the compensation that the fictitious company may provide to the separated employee.

4. Using Microsoft Word or an equivalent such as OpenOffice, create a chart that depicts the timeline of the disbursement of the compensation.

5. Predict three (3) ways that this layoff may affect the company.

6. Use at least three (3) quality academic resources

Your assignment should follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.

• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are excluded in the required assignment page length.

The specific course learning outcomes are:

• Formulate HRM strategies and policies to recruit, select, place, and retain the most efficient and effective workforce.

• Develop effective talent management strategies to recruit and select employees.

• Design processes to manage employee performance, retention, and separation.

• Analyze laws governing employment and how organizations can ensure ethical practices.

• Use technology and information resources to research issues in strategic human resource development.

• Write clearly and concisely about strategic human resource development using proper writing mechanics.

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