Instruction
Question 1
What is the effect of a compensation package (benefits, salary, nonfinancial) on employee motivation and satisfaction? Provide example.
Question 2
What are legally required benefits and why are they required by law? Can any of these benefits be waived? Provide an example. Provide one additional benefit that should be made into a legally required benefit.
references
1. 5 Simple Steps to Developing a Competitive Pay Practice
Read "5 Simple Steps to Developing a Competitive Pay Practice," located on the HR Morning website.
http://www.hrmorning.com/5-simple-steps-to-developing-a-competitive-pay-practice/
2. Basic Strategic Pay Policies
Read "Basic Strategic Pay Policies," by Joyner, located on the Houston Chronicle website.
http://smallbusiness.chron.com/basic-strategic-pay-policies-35634.html