Form groups and outline a compensation package that you would consider ideal in motivating an employee, recognizing performance, and assisting the company in attaining its cost-to-performance objectives. Think about the impact of intrinsic and extrinsic motivation and recognition. How can flexible scheduling strategies be used effectively to motivate employees? Report your compensation package to the class.

Explain the significance of human resource management.

Summarize the processes of recruiting and selecting human resources for a company.

Describe how workers are trained and their performance appraised.

Identify the types of turnover companies may experience.

Explain why turnover is an important issue. Specify the various ways a worker may be compensated.

Evaluate some of the issues associated with unionized employees, including collective bargaining and dispute resolution.

Describe the importance of diversity in the workforce.

Assess an organization's efforts to reduce its workforce size and to manage the resulting effects.