HR CHALLENGE: STRATEGIC BENEFITS
Introduction
The HRM professional or compensation expert should have the ability to strategically manage the compensation for a flexible workforce. Because your previous assignments have been well received by management and you are considered a “rising star,” your manager, Megan, has asked you to expand on your work and develop a 3–4 page benefits structure report for CapraTek commensurate with job classifications.
Assignment Instructions
To complete this HR challenge, organize your 3–4 page benefits structure report using the following headings:
Benefits Structure
Construct a benefits structure for CapraTek, including legally required benefits, retirement plans, and discretionary benefits.
Alignment to Pay Structure
Validate the alignment of your benefits plan to your pay structure.
Evaluation
Evaluate strategy considerations, including individual and organizational performance and the overall total rewards.
Note that this report must be written in the third person, adhering to conventions of academic tone.
Note: Your instructor may also use the Writing Feedback Tool to provide feedback on your writing. In the tool, click the linked resources for helpful writing information.