Scenario: You are the HR consultant to a small business employing about 40 people. Currently the business offers only 5 days of vacation, 5 paid holidays, and legally mandated benefits such as unemployment insurance payments.
Write a 700- to 1,050-word consultation report on compensation and benefits, including the following:
Discuss with the business three job evaluation methods utilized to determine compensation strategy. Include advantages and disadvantages of each method.
Recommend to the business one job evaluation method to determine compensation strategy. Include your rationale for the recommendation.
Recommend a minimum of seven benefits the business should offer. Include your rationale for the recommendations.
Explain what signs the company might look for to know if employees are engaged.