Business Finance
Grantham University Director of HR: Creating a Benefits Plan Case Study

Question Description

You are the Director of HR and have been tasked to offer a new employee an ideal benefits package. This new employee has been highly recruited by other organizations, but has selected yours. Design an overall benefits package that includes compensation and a specific benefits package. How will you select certain benefits? What is necessary and what is not?

The requirements below must be met for your paper to be accepted and graded:

  • Write between 700 – 1,000 words using Microsoft Word in APA style, see example below.
  • Use font size 12 and 1” margins.
  • Include cover page and reference page.
  • At least 80% of your paper must be original content/writing.
  • No more than 20% of your content/information may come from references.
  • Use at least three references from outside the course material, one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the three reference requirement.
  • Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the paper and list on a reference page in APA style.

References must come from sources such as, scholarly journals found in EBSCOhost, CNN, online newspapers such as, The Wall Street Journal, government websites, etc. Sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. are not acceptable for academic writing.

A detailed explanation of how to cite a source using APA can be found here (link).

Download an example here.

Grading Criteria AssignmentsMaximum Points
Meets or exceeds established assignment criteria20
Demonstrates an understanding of lesson concepts30
Clearly presents well-reasoned ideas and concepts30
Uses proper mechanics, punctuation, sentence structure, spelling and APA format.20
Total100

Final Answer

Attached.

Running head: BENEFITS PLAN

1

Benefits Plan
Name
Instructor
Institution
Date

BENEFITS PLAN

2
Introduction

A company’s benefits plan is a very important recruitment tool as well as a substantial
method which ensures the employees in an organization remain motivated, engaged and
satisfied. A company that offers a competitive benefits package which includes good benefits
and compensation package that is slightly higher than what is provided by other companies in the
industry is likely to attract more qualified candidates for a job opening (Nazari, 2014) .
Being the Director of HR in our company, I understand the significance of having a
competitive benefits plan which includes a good compensation and specific benefits package.
This is the main determinant of whether employees will be motivated, satisfied and engaged in
the organization. Having been tasked with the responsibility of offering a new employee with a
competitive compensation and specific benefits package, I will design a flexible benefits
program for him. The flexible benefits plan will provide the employee with an opportunity to
choose the benefits he wants from a number of alternatives I will have provided. The flexible
benefit programs that I will offer to the employees include cafeteria benefits plans, for instance,
the retirement contribution and health insurance...

Kishnewt2017 (29943)
Rice University

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