Question 2An effective compensation system is dependent on how well the Human resource Managerunderstands the nature of the job standards and the expectations of workers.A.Differentiate between the terms compensation and benefitsB.Employee benefits may be of two types. Describe the TWO (2) types of benefits.i.List FOUR (4) examples of mandated benefits named aboveii.List FOUR (4) examples of indirect benefits named above.D.Briefly explain the importance of organizations having good compensation and benefitsplans for their employees.C.

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Answered: Question 2 An effective compensation…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Human Resources Specialist Team, you are required to establish a framework for hiring and selecting an employee. You need to discuss and explain the following areas: 1. Create a job description for the Marketing Professional. 2. Define and choose a recruitment strategy. 3. Prepare a job advertisement for print media. 4. Determine the screening criteria for the applicant. 5. Prepare an interview questionnaire with the applicant and then put an evaluation sheet for the applicant.
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