Create a 5 page paper, excluding cover page and reference list. You must use 3 sources.
Benefits and Compensation are important and complex features of strategic human resources management. Demonstrate your knowledge of the features that go into a well-conceived system of benefits and compensation by writing a 5 page paper in APA format on the items listed below.
1. Typical Compensable Factors. Select the factors ( education, work experience, working conditions) that you will focus on for your selected organization ( APPLE, INC)
2. Discuss the types of pay differentials that impact your selected factors. How will you avoid Grade Creep?
3. What is comparable worth and how do the issues and laws affect your benefits and compensation system?
4. Distinguish required from discretionary benefits. Which discretionary benefits should be included in your benefits and compensation system?
5. Refer to the relevant federal laws and regulations governing compensation and benefits (relevant to which factors you have selected for your system).
6. Discuss quality of work and quality of life issues that will be part of your benefits and compensation system.