Rasmussen College New Employee Benefit Plan and Wage Structure Assignment

User Generated

Uvyyv181

Business Finance

Rasmussen University

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

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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...


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