Direct and Indirect Compensation Essay
Direct and Indirect Compensation Case Study
Read the following case study (Links to an external site.) regarding direct and indirect compensation in Indonesia.
For this assignment you will write a 3 page paper that covers the following:
- Summarize the major points of the study.
- Using your analysis of the research in this study, explain why total reward packages involve more than pay.
- Compare this case study to your organization by discussing the following:
- Is your organization making an effort to improve direct and indirect compensation?
- Is your organization seeing a high turnover rate and low productivity?
- Explain whether you think the findings would hold true in your organization or not. Be sure to discuss how total rewards may or may not have an effect on employee loyalty and productivity.
Instructions:
- Write a 3-5 page paper, (900-1200 words), not including the title and reference pages, which are required.
- Your paper must be properly cited and formatted according to the APA Style
- Include a formal references page. This is an individual paper; however, you should reflect on our discussion forums and incorporate ideas from there, as appropriate.
- You must support your analysis with at least four references (at least two scholarly/peer reviewed), and can include resources from this course.
- A scholarly or peer-reviewed journal article.
- A government-based website or publication.
- A trade or industry journal article, publication, or website, including those from trade organizations such as SHRM.org and TD.org.
Answer preview
Every employee in the 21st century prefers working for companies that have a compensation packages, either direct or indirect. Direct compensation packages are the benefits that are given to employees by employers daily, weekly, monthly, or on a contractual basis such as salaries or wages. Indirect compensation packages are benefits offered to employees in a supplementary form with or without direct compensation packages. This essay…
(1100 words)