Week 3 Team Assignment Instructions
My portion of the team assignment is highlighted in red. Please I need the assignment ready by Friday 07/31/15 and the assignment should be 400 words and consistent with APA formatting. Thanks.
Complete the Compensation and Benefits Strategies Recommendations task as described in the Email from Traci on the Atwood and Allen Consulting Page.
The Email from Traci
From: Traci Goldeman
To: You
Subject: Compensation and Benefits Strategies Recommendations
Hello,
For this task, I need you to work with a team. You will only be able to work with one client, though, so everyone in your team must agree on which client to work with.
I need you to develop some compensation and benefit recommendations for the client. Don’t forget to check the Client Communications link to see a copy of my communications with the client regarding this issue below. In your recommendation, make sure you do the following:
- Introduction
- Conduct a market evaluation by researching what companies in the relevant market are providing to employees from a total compensation perspective.
- Recommend a compensation structure.
- Recommend the position in the market.
- Create a total compensation and benefits strategy.
- Consider the use of performance incentives and merit pay to recognize and engage employees.
- Identify laws related to the benefits and pay program.
Your recommendation should be no more than 1,750 words. Please have this to me by the end of the week.
Thanks,
Traci Goldeman
Manager
Atwood and Allen Consulting
Voicemail from Jason Galvan (Large business client communication scenario)
Jason: Hey, Traci, this is Jason Galvan. I wanted to talk to you about getting some recommendations for pay and benefits strategies. I have a list of some things I’d like you to keep in mind. I can send you the list if you need me to, but I’ll just summarize it for you real quick.
One: We want to be comparable to other international hotel chains.
Two: Because we’re expanding into India, make sure the strategies will work well there.
I’m sure those strategies will have to be different from those we use in Minneapolis, Minnesota.
Three: Again, we plan to add an additional 20% to our current workforce of 25,000 employees.
Four: We have an annual net revenue of $100,000,000.
Finally, we expect our current 15% revenue growth to stay the same, at least for the first year.
I think that’s it. If you could use that information to give me some recommendations, I would greatly appreciate it! Thanks so much, and talk to you soon.
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