Compensation and Benefits Strategies Recommendations
University of Phoenix
Human Capital Management
HRM/531
December 03, 2013
Compensation and Benefits Strategies Recommendations
Regardless of the size of an organization, compensation and benefits strategies are necessary to the success of a business. Even in these tough economic times, employees will not hesitate to change employers if not shown any form of appreciation. Acknowledging performance, talents and skills, and, loyalty to the company are all very important ingredients to strategic plans. Building a business over the long term requires dedicated workers. Dedicated workers will respond and perform well when an employer takes notice and responds in kind.
In the Scene Limousine
A strategic plan for employee compensation determines how much you want to pay employees and what type of employees you want to attract. A sound compensation plan entails a variety of aspects including pay scales, reward programs, benefits packages and company perks. A successful strategic compensation plan allows your business to compete in the market for the best employees in your industry, shopping for a limo based only on price? Price is very important and In the Scene Limousine has very competitive pricing! But you can get a bed and shower at a Motel 6 and you can get a bed and a shower at a Ritz Carlton hotel. There is no dispute that the price and quality are really different between those two hotel chains. Where would you like to sleep? Who would you like to ride with? Does the company have a one-time guarantee? The company that has only CDL licensed chauffeurs? Has the highest quality commercial auto insurance? Whose chauffeurs are highly trained with exceptional customer service? And finally have the most beautiful and immaculately maintained limos, party buses and sedans/SUVs in the Valley? Don't take a risk - book your chauffeured transportation with In the Scene Limousine!...