Week 8 Assignment 3

To attract, motivate, and retain good workers, companies need to define what an employee wants from the employment relationship. One way to define employee needs is to consider “total rewards,” which are everything an employee perceives to be of value resulting from working for the company. Benefits are a core element of total rewards and the ever-growing package of offerings have evolved. You must now work with the company to define precisely where the various programs will be categorized.Write a six to seven (6-7) page paper in which you:Identify and discuss at least three (3) important aspects that almost always should be considered by organizations when providing employee benefits programs. Be sure the response is specific and relevant.Compare income protection programs and pay for time not worked programs, both of which are usual elements of benefits programs. How are the programs similar? Are they mandatory? Explain.Research and discuss at least four to five (4-5) of what may be referred as “Other Benefits” that you could recommend to the management team as necessary elements for the benefits package. HINT: Flextime and product/service discounts are good examples.Develop an employee benefits package for any exempt or non-exempt position level of your choosing, making sure you support the selection of your program elements. NOTE: The preferred method for presenting your benefits package information is using a table or exhibit, but either approach is not mandatory. HINT:http://www.isacs.org/uploads/file/Monographs/Business%20Operations/Benefits%20Plan.pdfhttp://www.usbankhr.com/hr/docs/benefits/benefits-at-a-glance-next.pdfFormat your assignment according to these formatting requirements:Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.Include a cover page containing the title of the assignment (with running head), the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length. Use the Strayer University Library at https://research.strayer.edu to locate additional sources to support your work.NO PLAGIARISM!!! Must have an introduction and conclusion paragraph.

Resume

Human Resource position

Building Functional Expertise and Operational Objectives and Talent Management

There are many ways to build functional expertise within an organization. Select one of the key roles in building functional expertise, and prepare a two-year plan to build functional expertise of a newly hired manager.Analyze how operational objectives, their relationship to talent management, and the metrics could be applied to evaluate future talent management practices.NO PLAGIARISM WILL BE CHECKED BY TURNITIN AND SAFEASSIGN

2 Questions

Assume our company, HRM Suppliers, sells 2 distinct product lines, bombs, and baby formula. What type of structural configuration would be most appropriate, a divisional or functional structure? Why?Most companies pursue either a low-cost or differentiation strategy. In what ways is day-to-day life different for employees working for firms employing these 2 strategies? As a manager, which type of strategy is more enjoyable to pursue? Easier to pursue? Which strategy is most likely to generate above-market returns?