There are 5 different questions. Each aswer must be at least 250 words. Please have each reference to each question if any at the end of each answer and separate from the other questions.
Legal Environment of Total Rewards
Select and identify a law, executive order, or regulation that provides organizations with guidance in the administration of their compensation programs? How does this law protect the organization and the employees? Do believe that this law needs to be modified? If so, how? Are there areas that are currently not address that need to be?
Discretionary Benefits
What roles do discretionary benefits have within the organization? What factors and steps should organizations take in developing their discretionary benefits? How does this compare to what your organization does currently?
Retirement Planning
- In your own words (no direct quotes), clarify the difference between qualified and non qualified retirement benefit plans.
- In your own words (no direct quotes), clarify the difference between defined benefit and defined contribution plans.
- In your opinion, does one retirement plan serve to protect the retirement interests of participants than the others? Why?
- Would you prefer a defined benefit plan or a defined contribution plan? Why?
Total Rewards in the Global Marketplace
Select a country other than the United States, and based upon your research for that country, how do employee compensation and benefits compared to what is offered in the United States?Provide some specific examples?
Are there any benefits offered that are not offered here in the U.S.; if so, do you think the American employee would be interested?
The Future of Total Rewards
This week, you have three options to choose from but, of course, you can participate in all threads and topics.
Option 1: Identify and discuss at least 3 factors or trends that you anticipate will impact your compensation and benefits in the future? Is there anything you, the employee, can do to minimize any risk that may result? What can the employer do?
Option 2: Select one of the special populations listed below:
- Transitioning military servicemen and women
- Veterans
- Ex-offender re-entry to the workforce
What are some the challenges experienced by these individuals? What can employers do? Are there specific benefits, that organizations should consider offering?
Option 3: Do you believe that executive compensation should be tied to organizational performance? Why or why not?
