Holland Enterprises Walter Quarles III BUS434: Compensation & Benefits Management Instructor Wetherington July 24, 2011 Holland Enterprises As one of the largest employers in the city, Holland Enterprises are looking to drive and keep on the break employees. With the way our economy has changed everywhere the net few years, it is our obligation to improve our makes and fee plans. It is not a secret that we crap managed to 25% of our staff here at Holland Enterprises. This has been an ongoing outcome of Holland Enterprises since 2007. It is now 2011 and things pass not changed. With that been said, Holland Enterprises has hired me on to serve up change the recompenses and realizes plans, to help retain all employees, and to improve on our retention rate. In at presents job commercialize employers are finding themselves competing with severally other and salary and benefit plans have become a major player. If employees feel as if the compens ation and benefit constitution to be unfair and noncompetitive in the marketplace, this is result in the end have them looking for a sore job with better benefits. 1. I leave converse how an effective compensation and benefit system contributes to organizational effectiveness. 2. I will dispute compensation and benefits. 3.
I will discourse the pay structure and architecture. 4. I will discuss the new incentives of the package. 5. I will discuss the principle types of benefits. I will discuss how an effective compensation and benefit system contributes to organizational effectiveness. Holland Enterprises currently does not put out the type of ben! efits that employees our seeking. This will be changing over the next couple of weeks, if everything goes consort to plan. Since 2007 we here at Holland Enterprises have lost 25% of our staff due to the current compensation and benefits plan. Compensation has definitely been an of the essence(predicate) motivator especially when you are honour achievements for the desired...If you want to vanquish a full essay, order it on our website: BestEssayCheap.com
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