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Salaries and benefits packages of comparable organizations in the same industry

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rafting a Compensation & Benefits Plan. Now that you have considered how to recruit and retain the employees you want in your organization, create a compensation and benefits package (using a business proposal format) that is consistent with the objectives of job satisfaction for the valuable employees in an organization of your design.

Include the following:

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  •   Salaries and benefits packages of comparable organizations in the same industry;
  •   What 21st Century employees consider to be benefits (see this week’s recommended readings for a

    start).

  •   What helps to keep employees engaged in their work (see“State of the American Workplace:

    Employee Engagement for U.S. Business Leaders” and“Surprising, Disturbing Facts From The Mother Of All Employee Engagement Surveys” for some ideas).