One way organizations attract and retain talented

1000-1200 words

One way organizations attract and retain talented employees is through a well-designed package of compensation and benefits. Research various approaches to compensation and benefits, and prepare an executive-level report that addresses each of the following:

•	Describe the differences between direct and indirect compensation including examples of each.

•	Explain the different choices an organization has in developing a comprehensive compensation and benefits package?

•	What are the similarities and differences in compensation and benefits in the private versus public sectors?

•	What are some of the typical considerations for how organizations design compensation and benefits packages?

•	What types of benefits packages are most attractive to workers at different stages in their career? At a minimum, discuss the needs of younger workers, middle-aged workers, and workers nearing retirement.

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