Compensation Plan
Instructions
Select a company for which you would like to work, and determine the necessary components to an attractive compensation plan.Briefly describe your dream job with an organization for which you would like to work.Create a rewards and compensation package for this position that would attract skilled workers, yet control costs at the same time.Create a benefits package for this position that is competitive, yet advantageous to the company.Speculate on how the negotiating and collective bargaining of this specific position would contribute to the achievement of organizational goals. Provide a rationale for your response.Use at least five (5) quality academic resources in this assignment. Note: Wikipedia does not qualify as an academic resource.
Answer
Compensation PlanGenerally, my dream job since joining the university has been solely based on being An HR manager for Apple Inc. That is because I always wanted to help with hiring and the training in addition to creating the compensation plan for the staff members within an organisation. This would include ensuring that they conduct their duties with integrity and always achieve the set objective within the specified period. Besides, being in such a position in Apple Inc. will help me gauge the different performance level of the employees, which will be crucial during promotions and deciding on the kinds of bonuses to offer. Point to note is that an HR personnel starts right from the bottom which involves dealing with the payroll, as well as other aspects of management, for instance deal...
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