Compensation and Benefits class questions*** Original Answers with sources sited** Each question must be a minimum of 300 words. Please number each question when answered with references below each!!!
1. Provide a brief overview of the job evaluation process, including the
importance of compensable factors. Detail the compensable factors of a
position you are familiar with and their impact on that position’s
salary, and you may want to reference the job analysis and job
description process, which form the foundation of job evaluation.
Identify at least four pitfalls that exist for organizations that do not
follow this process.
2.
Read the article “Be Healthy and Get Rewarded–Incentives Driving Engagement in Health and Wellness.”
Taking into consideration some of the significant changes to health
insurance policies, please review the article and address the following
two questions. Explain your answers in at least 200 words.
- As described in the article, what options do patients with
preexisting health conditions have in regards to wellness initiative
compliance? - Are the new health plans truly helping consumers to live a
better and healthier lifestyle or are they actually hindering consumers
ability to freely pursue getting proper treatment, if needed, due to the
fear of high deductible costs?
3. Discuss the origins of employer-sponsored retirement plans. Then,
discuss the 2-3 most prominent trends in retirement plans including its
impact for both the employee and the organization.
4. Contrast the principle difference between executive pay and
non-executive pay, including a discussion on controversies associated
with the growing disparity between executive and non-executive
compensation packages.
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