This needs to revolve around the example of a sporting goods store Describe how you will use performance appraisals in compensation decisions Discuss the use of performance metrics Determine the philosophy for merit guidelines Determine an employee benefits plan Discuss the components to be considered in your overall benefit plan Include the following in your discussion Employer factors such as total compensation costs, cost of benefits, competitor offerings, role of benefits, and legal requirements Employee factors such as equity fairness and personal needs How you will manage cost containment Provide a checklist that ensures you are including all legally required benefits

Question: This needs to revolve around the example of a sporting goods store. Describe how you will use performance appraisals in compensation decisions. Discuss the use

This needs to revolve around the example of a sporting goods store.

Describe how you will use performance appraisals in compensation decisions.
- Discuss the use of performance metrics.
- Determine the philosophy for merit guidelines.

Determine an employee benefits plan.

Discuss the components to be considered in your overall benefit plan. Include the following in your discussion:
Employer factors such as total compensation costs, cost of benefits, competitor offerings, role of benefits, and legal requirements.
Employee factors such as equity/fairness and personal needs.
How you will manage cost containment.
Provide a checklist that ensures you are including all legally required benefits.

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