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HRM 530/HRM530 ASSIGNMENT 5 EMPLOYEE COMPENSATION & BENEFITS (WK 10) Due Week 10 and worth 250 points This assignment consists of two (2) sections: a narrative and a PowerPoint presentation. You must submit two (2) sections for the completion of this assignment. Label each file name according to the section of the assignment it is written for. Note: For additional information on how to submit more than one file for an assignment, follow the instructions in the document “How to Submit Multiple Files for an Assignment”, located here. Imagine that you have just been hired by a new company as the director of the HR department. You have been tasked to hire a new secretary for the department and to develop an employee compensation and benefits package that will be used for that position upon hire. Develop a PowerPoint presentation to present this information to your Vice President. Go to the Bureau of Labor Statistics’ (BLS) Website, located at, for information regarding or

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Running Head: Trends in the WorkplaceTitle:Course Name:Topic Name:Professors Name:Student Name:Date:Running Head: Trends in the WorkplaceIntroductionChange has truly become a natural and essential part of organizational life. Now in the presenttime organizations have entered a new age characterized by fast, dramatic and unstable changes.Organizational life impacted by some emerging trends. In today's emerging worldwide economy,organizations have developed to understand and embrace the requirement to expect and monitoremerging global trends (J Sherlock & C K Mabry, 2003). Human Resource Management (HRM)plays important role in helping organizations respond to evolving trends. HRM is a decisionmaking function that mostly tries to match an organization's requirements to the competence andabilities of its employees (J Sherlock & C K Mabry, 2003). Importantly HRM policies help tomaintain reliability and fairness within an organization. It addresses such issues asmodernization, globalization, skill, innovation, ever-growing energy crisis, and emergingworkforce. These important trends will have a long-term impact on the emerging internationaleconomy of today.Functional areas of Human Resources ManagementUsually, the role of the human resource management (HRM) in an unit or organization involvewith designing programs planning, improvement, administration of policies that make swift orexpeditious use of an organizations human resources (Ulrich D & Brock

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