Total Compensation Methods

With an ongoing increase in unemployment, outsourcing, and globalization, employee salaries and pull in softw ar packages are experiencing public change. In past, a present, future workplace environment, cabbage is a significant factor of choice in the romp grocery for candidates seeking employment. Due to the recession in the economy, employers hurl been constrained to constrain to a greater extent resourceful in benefit and recompense packages offered to current and potential employees. Strategic planning has become a major facet in maintaining successful mankind Resources surgical incision of large corporations throughout the United States. In this scholarly paper, breeding Team A leave behind domiciliate a resemblance of compensation strategies within various organizations. The involve of various compensation methods and benefit programs on employees and organizations will be discussed followed by how pay and benefit administration strategies relate to organiza tional culture and performance. American shoot / American AirlinesThe philosophy at American Eagle / American Airlines (AMR) Corporation is there is more to life thusly work. Because of AMR?s philosophy the corporation offers a total rewards package that many other companies can non fulfill. Employees are back up to take advantage of a number of financial benefits, including an employee deferred payment union, 401(K) plan, where the company will match up to 6% of employee contributions, emolument sharing, and incentives.

AMR also understands that each employee has peculiar needs; therefore, the company provid es a variety of resources to help the employ! ees and their families, hit their own business and own(prenominal) life challenges (American Airlines, n.d.). One of the resources the company provides its employees is called the Employee financial aid Program (EAP). The EAP is a consultation, information and referral service for all employees, their bailable family members and for retirees. This service is designed to help employees identify and use resources, which will address private and professional challenges. The service is provided at... If you want to institute a to the full essay, order it on our website: OrderCustomPaper.com

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