Compensation and Benefits

Preparation

Before beginning the assessment, complete the following:

• Choose an organization to use for this assessment. It can be where you are currently employed or a company with which you are familiar. It ;must ;be an organization that is researchable, as you will need to gather and analyze information in order to complete the assessment. You may use the same organization for the other assessments in this course.
• If you choose the organization where you are currently employed, please keep in mind that the analyses you make must be based on facts that can be documented rather than your personal opinion as an employee.
• Research the compensation and benefits of your selected organization. These topics are fluid and ever-changing, and a very good resource of information for these topics is the Capella library. Please search for sources published within the last 1–2 years for your assessment as you describe the compensation and benefits programs your chosen organization offers.

Requirements

Based on your research into the compensation and benefits of the organization you selected, complete the following:

• Describe the formal pay structure within the organization.
• Describe any benchmarking activities the organization undertakes, including information on whether the organization offers a competitive compensation structure or incentives.
• Describe any profit sharing or stock ownership programs that are available.
• Explain which benefits offered by the organization are legally mandated and which are voluntary.
• Analyze the cost of the benefits to the organization.
• Explain how benefits are communicated to employees.
• Analyze the environmental factors that have influenced the compensation and benefits of the organization.
• Describe any problems associated with the compensation policies of the organization.
• Analyze any current issues related to compensation and benefits faced by the organization.

Please note: You must address all the required elements of this assessment. If details for any of the bulleted points are unavailable, research the topic and present recommendations you believe would be best for the organization, along with your supporting rationale.

Submission Guidelines

• Your submitted assessment should include a title page, introduction, body, conclusion, and reference page.
• Be sure you support your analyses with references to at least two resources.
• You should format this assessment as a research paper following APA 6th edition guidelines for both style and citing sources, making sure that you also use correct grammar and mechanics.
• There is no required minimum or maximum page length; however, you should strive to be as detailed as possible in addressing each bullet point, while also being as clear and concise as possible.