Compensation And Benefits

Write a 3–5-page compensation and benefits package for a new expatriate position working for either Java Corp. or an organization you are familiar with.Structuring and communicating a total compensation package that meets regulatory requirements and the needs of a global workforce requires a delicate balancing act between what is required and what will contribute to an effective relationship between employer, employee, and the community or country in which the company operates. Communicating benefits programs to employees can be as important as the benefits themselves. Knowing how to leverage all available compensation options is a necessary skill for any HR professional.By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:Competency 1: Apply human resource strategies to business needs.Analyze the appropriateness of offering additional benefits.Competency 2: Analyze core functions of human resource management.Describe key factors and decisions to make regarding base pay.Analyze other legally required benefits for an employee.Competency 3: Analyze the strategic value of human resource management within a competitive global business environment.Analyze additional pay considerations for expatriate positions.Describe additional key considerations in designing a compensation package for this scenario’s expatriate position.Competency 4: Communicate effectively in a scholarly and professional manner.Write in a professional style using APA citations and format with correct grammar, usage, and mechanics.By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:Competency 1: Apply human resource strategies to business needs.Analyze the appropriateness of offering additional benefits.Competency 2: Analyze core functions of human resource management.Describe key factors and decisions to make regarding base pay.Analyze other legally required benefits for an employee.Competency 3: Analyze the strategic value of human resource management within a competitive global business environment.Analyze additional pay considerations for expatriate positions.Describe additional key considerations in designing a compensation package for this scenario’s expatriate position.ompetency 4: Communicate effectively in a scholarly and professional manner.Write in a professional style using APA citations and format with correct grammar, usage, and mechanics.Analyze other legally required benefits for an employee.Include standard benefits, protection programs and paid time off, Social Security, Medicare, federal and state unemployment, and workers compensation.Analyze the appropriateness of offering additional benefits.These types of benefits could include relocation assistance, educationalreimbursement, and home leave reimbursement, among others.Describe additional key considerations in designing a compensation package for the expatriate position.Additional RequirementsYour assessment should also meet the following requirements:Length: 3–5 typed, double-spaced pages, plus a reference page.Written communication: Communicate in a manner that is scholarly and professional. Your writing should be:Concise and logically organized.Free of errors in grammar and mechanics.Validation and support: Use a minimum of two relevant and credible scholarly or professional resources such as the Wall Street Journal to support your work.APA format: Format all citations and references in accordance with current APA guidelines.

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