How government regulations will influence the

Question

This assignment consists of two (2) sections: a narrative and a PowerPoint presentation. You must submit two (2) sections for the completion of this assignment. Label each file name according to the section of the assignment it is written for.

Note: For additional information on how to submit more than one file for an assignment, follow the instructions in the document "How to Submit Multiple Files for an Assignment", located here.

Imagine that you have just been hired by a new company as the director of the HR department. You have been tasked to hire a new secretary for the department and to develop an employee compensation and benefits package that will be used for that position upon hire. Develop a PowerPoint presentation to present this information to your Vice President. Go to the Bureau of Labor Statistics' (BLS) Website, located at www.bls.gov, for information regarding organizations and pay in your geographical area.

Section 1: Narrative

Write a two to three (2-3) page paper in which you:

Choose the type of organization for which you are designing the package.

Develop an employee compensation and benefits package for this new position. Support your ideas for the compensation/benefits package.

Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Section 1 of your assignment must 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. Check with your professor for any additional instructions.

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 not included in the required assignment page length.

Section 2: Presentation

Create a twenty (20) slide PowerPoint presentation in which you:

4. Provide an overview of the employee compensation and benefits package that you developed in the narrative portion of this assignment.

5. Determine if the employee will be exempt or nonexempt and discuss how overtime will be handled.

6. Suggest other benefits that might be considered within the next few months to enhance employee performance and provide job motivation.

7. Provide information on how government regulations will influence the compensation.

8. Examine data from two (2) organizations listed in the BLS Website with packages similar to yours, focusing on salary, compensation, and benefits in order to convince upper management that your package should be accepted and implemented.

9. Describe how the competitive compensation and benefits package will align with the HRM strategy.

Answer 1

To complete this task, you have to assume that you have been recruited by a new company as the director of HR department. Now you have a task to recruit a new secretary for the department and to build up an employee compensation and benefits package which will be employed for that position on hire. You have to prepare a paper in approximately 2 to 3 pages in which you have to answer. 1) Build up an employee compensation and benefits package for this new designation. Support your views for the compensation or benefits package. 2) Give an overview of the employee compensation and reimbursement package which you developed in the narrative part of this assignment. 3) Find out if the employee will be free from or non-exempt and describe how overtime will be handled. 4) Recommend other benefits which might be considered in the next some months to improve employee performance and give job encouragement. 5) Give information on how government regulations will affect the compensation.