Summary HRM 530 – Strategic Human Resource Management: HRM 530 Assignment 5: Employee Compensation and Benefits

Assignment 5: Employee Compensation and Benefits HRM 530 – Strategic Human Resource Management By Name Submitted to: Date 1. Choose the type of organization for which you are designing the package. An Employee Compensation and Benefit package plays a very important role in deciding the overall salary or wages for the employees in their job profile. Compensation represents a potent tool for organizations to recruit and retain employees, to motivate employee behavior in organizationally beneficial directions and build strategic competitive advantages that is difficult to imitate (Westerman, J. W., Beekun, R. I., Daly, J., & Vanka, S. (2009). In this paper, the employee compensation and benefit package will be designed for an executive administrative position in the HR department. As the Human Resource Director of Daniels Manufacturing Company based out of Greenville, South Carolina, I have been tasked with hiring a secretary to fulfill all the administrative duties as described in the job profile. Secretaries and administrative assistants perform clerical and administrative duties. They organize files, prepare documents, schedule appointments, and support other staff. This is a new position for the company so a compensation and benefits package must be researched and created.