'Employee Compensation and Benefits Essay\r'

' forbidding flock, an ripe new technology corporation, has just hired pot as the director of their compassionate Resources De jumpment. As HR Director, flush toilet has been tasked with hiring an administrative Assistant/ escritoire for the advertise department and to resurrect an employee hire and benefits package that entrust be used for that position upon hire. He moldinessiness elaborate on Black potful and the reference of organization for which he is designing the package and develop an employee wages and benefits package for this new position. He must be able to support his ideas the compensation/benefits package. This is the depression succession that John has had the task of hiring for Black Corporation and he lead need quality resources to advocate him to ensure that he is able to make the military operation as smooth and effective as possible.\r\nWhat token of Organization is Black Corporation?\r\nTo begin with, John has recently been hired by Black C orporation as the director of their HR department. John has whitethorn years of HR experience and is also a certified Senior Professional in Human resources. BC is a brand new plus to the technology industry, which has just introduced an innovative communications plait called the Talk Tablet. This device is a cellular call off that is also a tablet that can be used for Internet access and app purchases. The head of Advertising, Mary, is in the process of launching a multi million sawhorse ad campaign and is in need of a Administrative Assistant/ repository to assist her. Although BC has been open for less than a year they start established their stake in the industry with their dexterity to enhance current products and out sell umteen of its competitors. They are also known for employee satisfaction. BC considers its employees their superlative asset and offers excellent benefits and compensation. They are a real competitive employer; therefore their employees are all see headmasters in their area of expertise.\r\nThe Administrative Assistant/Secretary Compensation Package Next, John has to develop the compensation/benefits package for his new hire Elizabeth. According to BLS.gov the median(prenominal) pay in 2012 (the most updated reporting) for an AA/Secretary is $35,330 or $16.99 per hour. (â€Å"Secretaries and Administrative Assistants,” 2014) BC prides itself in hiring and retaining the cream of the sour in all of the areas they employ. They ordain pay Elizabeth a metrical foot salary of $61,000, due to her experience in this industry and position, and her performance go away be evaluated in 90 days for a compensation increase. The base salary for an entry level AA/Secretary pass on be $51,000. This is $975 more than one of their competitors Apple Inc., jibe to Glassdoor.com (â€Å"Apple AA hourly pay,” 2014) Additionally John go out decide on the benefits package. Susan Hatchfield, management and organization maturement consultant, who specializes in human resources, explains that â€Å"health indemnification is the stern of a nationwide employee benefits package. Health insurance is the preferable employee benefit of the majority of people who get to.\r\n[…] No across-the-board employee benefits package would be complete without employer remunerative period off from work. […] Short-term disability insurance ensures that an employee will still receive a percentage of income if they cannot work due to patness or a disenable injury. […] Long-term care is an insurance policy that protects an employee from deprivation of income in the event that he or she is otiose to work due to illness, injury, or accident for a long period of time. […] Various dental insurance plans are available for employers to offer as part of a comprehensive employee benefits package. […] Vision insurance is a lower cost addition to a comprehensive employee benefits package that is pro vided by employers. […] Life insurance is an comprehended component in a comprehensive employee benefits package. […]” (Heathfield, 2014, para. 6) tout ensemble of these benefits will be the basis for the package for the Administrative Assistant/Secretary.\r\nHealth, dental and vision insurances will be competitively priced with BC covering the majority of the premiums. The myopic term and long term insurance and a basic life insurance policy will be provided to the employees at no additional cost. BC will also provide a 401(k) enthronisation option to allow employees to invest in their loneliness with a 7% match to all investments. They will also allow an employee stock option with the better dividends of the corporation. She will be given paid time off on a tiered scale, 4 weeks to begin with as well as a 2 day increase every 3 years with a maximum of 6 weeks. only major holidays will also be paid with additional days off for some selected holidays. The pac kage will include 12 stress/sick days per year. Elizabeth has been an AA/Secretary for the Advertising director with Google for 10 years and is excited to make the transition to Black Corporation. Google is the dream gig for many young professional according to a survey conducted by CBS news.\r\nAmy Levin-Epstein, of CBS News’s Money Watch reports that Google offers â€Å"a measuring stick package of fringe benefits, but on superlative of that are first-class dining facilities, gyms, laundry rooms, rub off rooms, haircuts, carwashes, dry cleaning, commuting buses †just about anything a hardworking employee might want.” (LEVIN-EPSTEIN, 2011, para. 2) They even offer relax beer. With this in mind, John needs to develop a package that can offer some of the large fringe benefits that Elizabeth is used to. Although BC is a somewhat new company they have invested in a state of the art facility, and they have done their research.\r\nThey corporate all of the amen ities that Google offers as well as onsite training facilities and the option to go to school on campus to earn certifications and degrees. In conclusion, John has completed his task. He has hired Elizabeth as the Administrative Assistant/Secretary for Mary and he has developed a compensation package for the AA/Secretaries of Black Corporation. Elizabeth will start by and by she submits her 2 weeks notice.\r\nReferences\r\nApple Administrative Assistant periodic Pay. (2014). Retrieved from http://www.glassdoor.com/Hourly-Pay/Apple-Administrative-Assistant-Hourly-Pay-E1138_D_KO6,30.htm Bureau of Labor Statistics, U.S. Department of Labor, Occupational arithmetic mean Handbook, 2014-15 Edition, Secretaries and Administrative Assistants, 
on the Internet at http://www.bls.gov/ooh/office-and-administrative-support/secretaries-and-administrative-assistants.htm (visited June 16, 2014). Heathfield, S. (2014). What’s In a Comprehensive Employee Benefits Package? Retrieved fr om http://humanresources.about.com/od/compensation-structure/tp/employee-benefits-package.htm LEVIN-EPSTEIN, A. (2011). Google Job Perks: Top 10 Reasons We Want to body of work There. Retrieved from http://www.cbsnews.com/news/google-job-perks-top-10-reasons-we-want-to-work-there/\r\n'