Recommendation for Compensation of Benefits Plan

Recommendation of a new Compensation Program I am the new bench vise president of benefits for R &type A; J Mortgage Company. I am recommending a compensation program that will hopefully retain our employees and assert those benefits that are better thence otherwise companies. It is my responsibility as compensation and benefit specialist to take market stand studies, these studies determine what jobs that our smart set should pay, what benefits and incentives are appropriate. I start with a clearly define job verbal description; examine comparable market information, base pay, wages compensation, compensation movement and total compensation. Then I will line of crinkle stipend survey selective information, retrace a some peal calls to external sources and send out comprehensive questionnaires to companies and agencies to forgather data relating to these job descriptions. The description will have title of job, department, who the employee reports to, a job summar y and the summary of the essential functions of the job. I then will compile my findings on a salary abridgment form. Position title, base pay, benefits such as medical, dental, vision, life, livestock options, hideaway benefits and other incentives. (Appendix A & B) This will make it lite to compare and analyze information in miscellaneous salary categories. With well defined job description and majuscule dents to supporter organize the information I can sway a market pay study to help our company retain competitive (http://office.microsoft.com/en-us/FX011879991033.aspx).

The job military rank is a tool use to evaluate the wo rth of each job in our boldness and in the ! market. With a successful job evaluation trunk I can make our organizations pay constitution equitable, understandable, de jure defensible, approachable, and externally competitive. I will use the job evaluations to: * mop up job descriptions so that employees understand the expectations of their roles and the relationship of their roles to other jobs mysterious down the organization. *... Excellent practical guide for building comp&ben system in the company, comprehensive templates attached. If you want to get a full essay, station it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay