Week 3 Discussion Questions
Week 3 Discussion Questions
What type of compensation component would you like to have through your employer that is not currently offered? Explain your rationale. Is your request consistent with your employer’s organizational goals? A compensation component is not a benefit, but may refer to how compensation is calculated, as in the case of those paid on commission. I believe you are asking for a new benefit. Like 401K, profit sharing, or health benefits. Commuting reimbursement or funding. This is not the same as travel or vehicle reimbursement/funding, as when performing job functions while working. Commuting reimbursement covers the employees cost of travel to and from work locations on a regular basis, outside of those times the employee is working. Simply, you get paid to drive to and from the office.
Flat rate, mileage reimbursement, per day based on travel distance - level a radius, B radius, etc... Any of that works. Perhaps the company actually provides busing from commuter lots located in towns at 30 mile intervals. Electric buses, none of that gas powered clunky stuff.
What do you think employees’ general attitudes are towards the benefits packages? How can an organization communicate the value of a benefits package? Developing an effective benefits package is a challenge during the recession. Pay & Benefits gathered industry leaders together in a bid to address the issues surrounding strategic benefits in an economic downturn. Developing a meaningful benefits package that adds both value and encourages engagement among an organization’s workforce is a challenging task facing compensation and benefit advisers in the current economic climate.
How do demographic regions play a role within an employee’s compensation? What type of data would be needed to determine an employee’s compensation? Explain your answer. For government jobs, there is a base pay based on the grade, and then additional compensation based on each step within the grade. Then the pay
What type of compensation component would you like to have through your employer that is not currently offered? Explain your rationale. Is your request consistent with your employer’s organizational goals? A compensation component is not a benefit, but may refer to how compensation is calculated, as in the case of those paid on commission. I believe you are asking for a new benefit. Like 401K, profit sharing, or health benefits. Commuting reimbursement or funding. This is not the same as travel or vehicle reimbursement/funding, as when performing job functions while working. Commuting reimbursement covers the employees cost of travel to and from work locations on a regular basis, outside of those times the employee is working. Simply, you get paid to drive to and from the office.
Flat rate, mileage reimbursement, per day based on travel distance - level a radius, B radius, etc... Any of that works. Perhaps the company actually provides busing from commuter lots located in towns at 30 mile intervals. Electric buses, none of that gas powered clunky stuff.
What do you think employees’ general attitudes are towards the benefits packages? How can an organization communicate the value of a benefits package? Developing an effective benefits package is a challenge during the recession. Pay & Benefits gathered industry leaders together in a bid to address the issues surrounding strategic benefits in an economic downturn. Developing a meaningful benefits package that adds both value and encourages engagement among an organization’s workforce is a challenging task facing compensation and benefit advisers in the current economic climate.
How do demographic regions play a role within an employee’s compensation? What type of data would be needed to determine an employee’s compensation? Explain your answer. For government jobs, there is a base pay based on the grade, and then additional compensation based on each step within the grade. Then the pay