Part 4: Compensation |
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Objectives: |
This is a short
assignment. The purpose of this assignment is to: |
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Allow you to link motivation theories and concepts to
the readings on salaries and benefits |
| Provide
you with an opportunity to see how different types
of salaries and benefits motivate employees |
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Explore whether public
employees are "paid" better than their nonprofit and private sector
counterparts |
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Determine the extent to which
the best practices described in the readings are used in local
organizations. |
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Allow you to compare the
salary and benefit packages available in this organization to other
organizations you have worked for |
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Directions |
During your interview, you should ask the respondent about their salary and
benefit packages and which aspects are the most important to the employee in
terms of accepting their job with the organization as well as those aspects
that are most closely linked with their job satisfaction (or
dissatisfaction). You should also learn about the overall structure
and operation of the salary and benefit system and whether. You should
also explore the other factors that motivate their performance.
The lecture notes
and readings will provide some
guidance for what to look for and ask about during your
interview. Finally, you should compare the
salary and benefit packages for this employee to other comparable jobs in
the public, private, and nonprofit sector. Be advised that this may be
difficult information to obtain in the nonprofit and private sector.
Ata minimum, you should compare the respondents benefits to those provided
to comparable employees in comparable public organizations. |
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Presentation |
Each group will be asked to share the results of your analysis
and share examples with the class during a brief 5 minute presentation. This will count towards your
class participation grade. |
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Writing
Assignment |
Each
group should prepare one memo for the group that
describes the compensation system in this
organization. Your memo is limited to 3-single-spaced pages with 12
point font and 1 inch margins. Your
analysis should describe the
respondent's salary and benefit package, the organization's compensation
system, and comment on how the compensation system for this individual
compares with public, private, and nonprofit sector counter parts. You
analysis should also describe how various elements of the compensation
package serve to motivate the employee and contribute to their job
satisfaction (or dissatisfaction) and help or hinder in recruitment efforts. |