Candidate Analysis

User Generated

lzngrb3

Business Finance

Description

You have two employment candidates for a marketing position. Both have similar educational backgrounds and certifications. However, the first candidate has 20 years of related experience while the second candidate has 6 years of similar experience.

The first candidate is asking for a competitive base salary plus one week extra vacation as part of the benefits package. The second candidate is asking for a competitive base salary plus a company smart phone (upgraded each year), and paid Internet service at home. The first candidate is willing to work a flexible schedule (nights, weekends, etc.), while the second candidate prefers to work remotely from home. Both are requesting to be included in the company's annual bonus plan.

Write a 700- to 1,050-word paper that includes the following:

  • Compare the direct and indirect compensation requests for each candidate.
  • As an HR professional, what do you think is the best hiring decision for the company and why?

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

Use: Strategic Compensation: A human Resource Management Approach

Joseph. J Martocchio 9th edition

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Explanation & Answer

Attached.

Running head: CANDIDATE ANALYSIS

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Candidate Analysis
Student’s name
Institution
Date

CANDIDATE ANALYSIS

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Introduction

When considering the candidate to hire for a given position, the wages and compensation
demanded by the prospective candidate are one of the most important factors to consider.
Together with the relevant qualifications, the wages and compensation a candidate requests in
contrast with the work to be performed are important when making the hiring decision. A human
resource specialist should ensure that the employee is well compensated to reduce the likelihood
of reduced job satisfaction which is an important factor to productivity. Employees who are
poorly compensated tend to be less loyal and less productive compared to those who are
compensated in a manner which fosters satisfaction (Das, 2018). In the current analysis, we shall
compare the compensation demands of two employees in contrast with their qualification and
years of experience to make an informed decision, which among the two should be hired. In the
analysis, we shall compare and contrast both the direct and the indirect compensation requests
demanded...


Anonymous
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