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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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In the context of a sporting goods store performance appraisals play a crucial role in compensation decisions Firstly they provide a structured framework for evaluating employees job performance again... blur-text-image

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