Description
In a 2-3 page Word document, create a detailed benefit plan and wage structure for a newly designed employee that is now required to complete a work assignment as an expatriate employee to a country of your choice. You can use the job description you used for your course project for this assignment. Be sure to include the following:
- Base Salary
- Equalization Benefits Tax Issues
- Incentives
- Compensation Plan - Individual and/or Team.
- An evaluation process to ensure that appraisal system and compensation is reviewed on a scheduled time frame.
Scoring Rubric:
Criteria | Weight |
Create a detailed discretionary benefit plan and wage structure for an employee that is now required to complete a work assignment as expatriate. Ensure that the following is included: Base Salary, Equalization Benefits Tax Issues, and Incentives | 50 |
Compensation Plan - Individual and/or Team evaluation process to ensure that appraisal system and compensation is reviewed on a scheduled time frame | 40 |
Meets minimum page requirements and is in APA format. | 10 |
Total | 100 |
Explanation & Answer
Attached.
Running head: COMPENSATION PROJECT – NEW EMPLOYEE
Compensation Project – New Employee
Name:
Institutional Affiliation:
Date:
1
COMPENSATION PROJECT – NEW EMPLOYEE
2
The selected company for this compensation project for a new employee is Samsung
Company. Samsung is a South Korean multinational company with its headquarters at Suwon.
The company has several assembly plants and a network of sales in approximately 80 countries
employing at least 308,745 employees (Samsung, 2019). Any organization operating in a
technology market should strategize on how to attain competitive advantage and maintain their
position. One of the ways to be sustainable in a technology market is to have a competent Talent
Acquisition Specialist who will be responsible for recruiting and selecting qualified employees at
Samsung Electronics Company (Samsung, 2019).
Talent Acquisition Specialist
The company is in search of a Talent Acquisition Specialist to hire. The Talent
Acquisition Specialist wi...