Compensation Term Paper

Topics: Employment, Fair Labor Standards Act, Wage Pages: 10 (2908 words) Published: March 5, 2013
1. Choose a specific job and then describe the types direct and indirect compensation that might be important by referring to Chapter 2 of your textbook and your course syllabus and knowing that you should provide a number of examples.

Title of position: Director of Operations

Direct Compensation Indirect Compensation Base Pay Employee Benefits Salary $120,000. Medical Plans Incentive Pay Blue Shield-HMO/PPO Quarterly Bonus depending on Kaiser Performance of Company Health Net-HMO/PPO Company car Dental Plan Vacation Condo Available Delta Dental-HMO/PPO in Hawaii Vision Plan Company Cell phone VSP-HMO/PPO Company laptop Life Insurance Company Jet Available New Life for business trips Disability Insurance Company credit card Short term/long term Country Club Membership Aflac L.A. Fitness gym membership Pension plan/401K Reserved Parking space Profit Sharing Executive Dining room Social Security Workers’ Compensation Travel Insurance Stock Purchase option Pay for time not worked Vacation 30 days after first year Holidays New Year’s Day President’s Day Memorial Day Independence Day Labor Day Veteran’s Day Thanksgiving Day...
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