Assessing competitiveness of a benefits package
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After receiving a positive response from StopNShopToday, Inc. management about the recommendations for the incentives and performance appraisal projects, the HR generalist has been assigned a project that will prove to be very challenging: assessing the competitiveness of the company benefits package.
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Solution Summary
Reviewing the competitiveness of a benefits package. How to analyze an offer with special consideration towards benefits. Various resources to check or speak with. Measuring importance of Healthcare,vacation time, and retirement benefits.
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To answer this question you are going to need to compare StopNShop's benefits package to its competitors. StopNShop is a large supermarket chain located in the North East US. I would suggest looking at companies like ShopRite (Wakefern) and Pathmark and see what there benefit packages are. You can find StopNShop's benefit package on their website located at: http://www.stopandshop.com/about_us/employment.htm?careers=1
What you will find with reviewing benefit packages as an outsider (non-employee) is that you will have a hard time finding out the specific details of each companies benefits package. You will be able to see if they offer health, dental, ...
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