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Essay / Research Paper Abstract
This 12 page paper critically evaluates a fictitious benefits package for a small to medium sized employer, looking at the different elements, such as pay, profit sharing, a pension scheme and other additional benefits, analysing how and why they are effective. The bibliography cites 6 sources.
Page Count:
12 pages (~225 words per page)
File: TS14_TEcompakge.rtf
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Unformatted sample text from the term paper:
company values its staff, the messages they want to send. This can be examined in line with different theories for the impact it is likely to have on the employees.
If we start with the assumption this is a small production company which needs to sell the goods. The staff are all paid in a similar way, this reflects
the current market conditions. The wages are pegged at the middle to lower middle market level. There is unemployment and many of the jobs undertaken may be given to those
without special skills who can be trained. The demand for jobs is larger than the supply and as such this is keeping the wages levels low. If the unemployment
reduces to a full employment situation then the demand for jobs will drop and it is possible the supply, and the demand for employees may then outstrip the demand, this
will then necessitate increased wages to keep existing staff as well as attract others. The company is also are of the costs associated with recruitment and the benefits that
ate gained though loyalty so as well as the direct benefits there are also a range of additional benefits that are provided. We can argue that the additional benefits are
based on the model of social man. The first issue the employer was likely to have considered was how to use the money that was to provide additional benefits
rather than just give a pay rise to the required employees and be competitive in terms of actual salary. There are several reasons for this. There are many ways
in which employees may be motivated, this is not only in terms of salary, otherwise the idea of economic man would be successful, but in terms of social man. Mayos
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