Benefit Design Report Assignment Example | Topics and Well Written Essays - 250 words

Benefit Design Report - Assignment ExampleThe new value design will adhere to all legal law constraints governing pay systems such as overtime pay. The common overtime issues to be compensated include compensatory time off, training time, travel time, and non-exempts incentives. In order to ensure decent incentives for performance, the company will be using variable pay system. This intend compensation linked to team/group, item-by-item, and organizational performance. Variable pay system will ensure fair compensation beca determination some employees show good working efforts, which are highly productive than others.Therefore, better perform workers should be compensated more. Additionally total compensation need to be linked directly to results and performance. Lastly, genuine jobs contribute a lot to the corporation than others and need higher compensation rate. The benefit design avoids use of team/group benefits compensation because rewarding employees in equal rates seems to be unfair since on that point are employees who work harder or carry out difficult jobs than others. Also team/group members may not be willing to accept co-workers incentive decisions. Moreover, most employees expect to receive benefits as per individual