The HRM professional or compensation expert should have the ability to strategically manage the compensation for a flexible workforce. Because your previous assignments have been well received by management and you are considered a “rising star,” your manager, Megan, has asked you to expand on your work and develop a 3–4 page benefits structure report for CapraTek commensurate with job classifications.
To complete this HR challenge, organize your 3–4 page benefits structure report using the following headings:
Construct a benefits structure for CapraTek, including legally required benefits, retirement plans, and discretionary benefits.
Alignment to Pay Structure
Validate the alignment of your benefits plan to your pay structure.
Evaluate strategy considerations, including individual and organizational performance and the overall total rewards.
Note that this report must be written in the third person, adhering to conventions of academic tone.
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