Assignment: Identify specific practices within the areas of compensation and benefits that would aid your organization in developing the kind of employees that it needs and for retaining its most valuable human capital. Examine current practices and suggested.
In your analysis, address the following:
• Identify and explain at least three trends or recent approaches in compensation that your organization should consider in its redesign effort.
• Identify and explain at least three trends or recent approaches in benefits that your organization should consider in its redesign effort.
• Discuss the pros and cons to the trends/approaches identified in compensation.
• Discuss the pros and cons to the trends/approaches identified in benefits.
• Of all the trends/approaches you have discussed, which is the one that has the most merit for compensation and which one has the most merit for benefits? Justify your answer using examples and reasoning.
Your report should be around four to five pages.
Cite any sources you use using the correct APA format on a separate page.