Benefits and Compensation Analysis
LEASE SEE ATTACHMENTS FOR RUBRIC AND THE FIRST THREE SECTIONS OF PAPERS ARE ALREADY INCLUDED.
Guidelines for Submission: Your total rewards analysis paper must be 8–12 pages in length (plus a cover page and references list) and must be written in APA format. Use double spacing, 12-point Times New Roman font, and one-inch margins. Include at least seven academic references. The presentation must consist of 5–10 slides with adequate speaker notes explaining each slide’s content. Use a product such as PowerPoint or Prezi to create your presentation. Sources should be cited according to APA style.
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Employee turnover is a crucial issue an organization grapples with since it reduces productivity and is costly to the organization. Employee turnover is often a result of an unfavorable work environment and low salary. The salary and employee benefits vary among companies in the same industry, and Zhang (2016) asserts that these differences influence the duration an employee stays in an organization. Emerging pharmaceuticals and Medtronic are pharmaceutical companies that operate in the same locality, but the employee benefits differ between the companies. Employees of Emerging pharmaceuticals have been moving to Medtronic because it pays well and has good work benefits. This paper focuses on identifying the issues leading to employee turnover and recommending ways of addressing the issues to minimize the turnover.