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Designing employee benefits plan

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Consider all of the information both internal and external an organization must consider when developing and planning an employee benefits plan. What information is the most important to this planning process? Which might be the least important consideration? Conduct research into this problem and cite your reasoning.

Minimum of 3 FULL pages of written content, double space all work, include a reference section APA format

Include at least three (3) supporting references or sources (NOT Wikipedia, unknown, or anonymous sources)

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Solution Summary

Different information required for designing employee benefits plan is given.

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Question: James Richards has an electrical engineering degree from a United States' accredited university. Upon graduation he was offered, and he accepted, an entry-level engineering position at a firm in San Antonio, Texas. He has been gainfully employed with this firm for the last five years. Recently he interviewed with your firm which is located in Chicago, Illinois. You, working for the human resources department, want to employ James. Working in conjunction with your supervisor you are drafting three items; (1) a compensation package, (2) an incentive plan, and (3) a benefits plan in order to successfully employ James Richards with your organization.

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