Explain the financial cost of proposed changes to both direct and indirect compensation. Be sure to address fully funded organizational changes.
Description
Revisions: In this part of the assessment, you will make recommendations and revisions to the current benefits and compensation package to
address any concerns and gaps previously identified.
A. Make recommendations to the current total rewards package that address concerns related to your previous analysis of the quantitative and
qualitative data. In other words, what changes would you make to the current benefits and compensation package in order to address any
concerns you previously identified?
B. Identify potential financial, procedural, and legal constraints regarding the revised total rewards package.
C. Explain the financial cost of proposed changes to both direct and indirect compensation. Be sure to address fully funded organizational changes,
partially funded changes (and by what percentage), and fully employee-funded benefits. Identify the increase or decrease for total employee
costs
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