Msl 662 final 7 | Applied Sciences homework help

Prepare using the following guidelines for organization:

You were recently hired as the new Human Resources manager for a new company that has been in business for two weeks. The CEO is looking to you for your expertise in compensation and benefits to develop a package for all full-time future employees. The CEO is estimating that in the next four months this company will have over 40 full-time employees. The CEO is leaning on you to develop a report for the board meeting in two weeks.

Some things to consider: Though most employers are required to provide mandatory benefits such as Social Security contributions, worker’s compensation insurance, and unemployment insurance, most other benefits are voluntary in nature and determined by the employer. Benefits programs should include medical insurance, life and disability insurance, retirement income plan benefits, paid-time-off benefits, and educational assistance programs. Benefits selection and design are critical components in the total compensation costs. In some cases, benefits account for 40 percent or more of total compensation costs. Due to the employer cost investment and the importance of employee benefits in recruiting and retaining, employers should have a well-thought-out benefits plan design that meets both employee needs and employer objectives.

Develop a compensation and benefits package for your company. You must first address the type of company you were hired for (your choice). Second, you must select the city and state in which the small company is located (your choice). In your HR Compensation and Benefits Report to the board, you must address the following:

  1. Identify the Organization’s Benefits Objectives and Budget: The organization’s business and/or HR strategy will help guide the development of the benefits objectives, as these objectives should help achieve the overall strategic goals. Factors such as employer size, location, industry, and collective bargaining agreements should be considered in the development of the benefits
  2. Conduct a Needs Assessment: This needs assessment will be based on your company’s location and estimated future size. It should be conducted to determine the best benefits selection and design based on the needs and wants of the employees. The needs assessment may include an employer’s perception of employee benefits needs, competitor’s benefits practices, and tax laws and
  3. Formulate a Benefits Plan Program: Using the data collected from all resources in Step 2, the employer can begin to formulate benefits offerings in order of priority. Can changes be made to the current plan design to induce cost savings? Can benefits that are underused or not valued by employees be eliminated? What are the administrative costs for the benefits? What cost-containment features can be put in place? Will employees have to contribute, and how much? These are among the evaluations an employer will make in determining whether to add, change, or eliminate benefits
  4. Communicate the Benefits Plan to Employees: Employee understanding of the benefits is critical to employee buy-in. Without buy-in, the employer’s efforts, no matter how perfectly designed to meet employees’ needs, may be futile. The positive impact on recruiting, retention, and employee morale may be lost without effective communication plans. Good benefits communication objectives should include:
    • Creating awareness and appreciation of the new or existing benefits and improving employee financial
    • Providing a high level of understanding of the benefits
    • Encouraging wise use of
  5. Develop a Periodic Evaluation Process to Determine Effectiveness of Benefits: Periodically reviewing the benefits plan program is another important step in the benefits management process. The benefits program must be assessed on a regular basis to determine if it is meeting the organization’s objectives and employees’ needs. Changes in the business climate, the economy, the regulatory environment, and workforce demographics all create dynamics that affect benefits offerings.
  6. Christian Worldview: What is God’s approach to money, and how we are to care for others? Provide a verse from the Bible, and discuss how this relates to the HR

Requirements: Prepare this HR Compensation and Benefits Board report using the following guidelines:

  • A minimum of 6 pages not to exceed 10, typed, double-spaced, Times New Roman font, using APA standard
  • Title page, including the title of paper, your name, course name and course number, date of submission (page 1)
  • Include a summary of your understanding of the biblical implications for the topic (pages 2-6)
  • Reference page, including a minimum of 6 references are required, including the text, the Holy Bible, books and articles from academic sources (Net Library), and other
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.

Professional Academic Writers

Over the years, our Acme Homework has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.

Affordable Prices

Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.

On-Time delivery

We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.

100% Originality

At Essay USA, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.

Customer Support 24/7

Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email:

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Essay USA has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.


Essay Writing Services

At Essay USA, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.


Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.


Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.


Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.