Compensation and benefits are very important to employees in all organizations. It is important to understand the most common benefits available to employees and how offering a quality compensation package attracts and retains quality employees.

Pretend you are responsible for updating employees on the monetary compensation models and benefits currently available at your organization. Create a presentation that gives a detailed review of how employee pay is determined and a description of each benefit they qualify for. Be sure to include:

Current monetary compensation models

How monetary compensation is determined

Health care and other insurance available

Retirement benefits

Time off

Any fringe benefits, like gym memberships, transportation assistance, or other special perks

Include a benefit that you would like to see at your workplace that you do not currently have.