Papers on "Total Compensation Methods" and similar term paper topics

Paper #096097 :: Total Compensation Methods
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An examination of the impact of various compensation methods and benefit programs on employees and organizations.

Written in 2007; 1,713 words; 5 sources; MLA; $ 55.95

Paper Summary:

This paper discusses and describes various compensation methods used in businesses. It analyzes the impact of these compensation methods and benefit programs on employees and organizations. The paper then provides details on salary and benefit administration strategies in relation to organizational culture and performance of an organization.

Table of Contents:
Abstract
Total Compensation Methods
Incentive Pay
Piecework Rates
Differential Piecework Rates
Standard Hour Plan
Merit Pay, Sales Commissions, and Gain Sharing
Benefits
Insurance Benefits Offered by Employers
Retirement Plans
Conclusion

From the Paper:

"Will an individual retire from his or her current organization? Today longevity with just one company has changed tremendously from the past. Many individuals' jobs are outsourced, the individual is laid-off, or the company is closing all together. Many individuals are concerned if they will save enough money to retire. Employers are not required to offer retirement programs to employees but many do. Retirement plans may be noncontributory or contributory. Noncontributory define plans funded by the employer where contributory defines plans funded by the employee as well as the employer (Noe et al, 2003 p.16). Most companies today offer contributory plans as an incentive to attract talent to the organization and retain employees."

Tags: incentive piecework merit commissions

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