Description
Designing a Compensation Package
Using the job description and evaluation method that you created for the exercises in Weeks 2 & 3, and the feedback from peers, design a proposal for a competitive compensation package for the position, including the following elements:
- Job description
- Method of Job evaluation
- Intrinsic and extrinsic benefits
- Compensation package and rationale for same
- How performance will be measured
- Why the proposal you have created is appropriate for the market at this time.
- Compensation strategy.
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Running Head: COMPENSATION AND BENEFITS
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Designing a Compensation Package
Student’s Name:
Institution’s Affiliation:
COMPENSATION AND BENEFITS
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Job description
Here at Adobe, the role of a human resource manager is crucial because the position serves
as the backbone of the organization's success. As a human resource manager, you will fully be part
of our business by handling all employee-related issues. You will be in charge of creating Adobe's
job design for all the positions available in the organization. Most importantly, you will be in
charge of firing and recruiting employees managing all employees' performance, talents, relations,
and employee training programs. Notably, the human resource manager will create a conducive
and productive working environment here at Adobe and a working environment that encourages
teamwork. (Stewart & Brown, 2019)
Other roles and responsibilities
Establishing and implementing initiative strategies. Adobe's Human resource manager is
responsible for coming up with human resources initiatives that fulfill Adobe's general working
strategy and also Adobe's goals and objectives.
Linking employees to employers. The Adobe Human resource manager represents
employees by addressing employees' complaints, desires, and needs to the employer. Also, the
human resource manager at Adobe addresses the employer's requests and complaints to the
employees.
Helps in determining salaries and wages. The Adobe human resource manager is part of
the team that determines employees' salaries and wages. The human resource manager's main role
is to ensure every employee receives the salary rate they deserve for their job positions, rankings,
and efforts.
COMPENSATION AND BENEFITS
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Reports to management on employees' metrics. The Adobe human resource manager feeds
the executive manager with the employees' accurate and timely metrics to make accurate decisions.
Supporting Adobe's businesses by assisting in managing employees' performances. The
human resource manager reviews employees' performance daily and monitors employees to
encourage e excellent performance of all Adobe's employees.
Skills and abilities
At Adobe;
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Human resource managers must possess excellent negotiating skills.
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Human resource managers must possess excellent communication skills, both oral
and written.
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Human resource managers must have excellent leadership skills to manage and lead
all other employees effectively.
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Human resource managers must have professional skills to apply in all their duties;
hence, they should be honest, respectful, and integrity.
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Human resource managers should have the ability to create and manage perfect
working relationships among employees and also between the employer and
employees.
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Human resource managers should possess the ability to solve problems effectively,
be results-oriented, and focus on the people.
Minimum knowledge and qualifications
At Adobe;
COMPENSATION AND BENEFITS
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The human resource manager should have excellent experience operating databases
and solving metrics.
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Human resource managers should have adequate knowledge of all human resource
practices.
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Human resource managers should have a bachelors' degree in Human resourc...