Below is the information we are basing our project on: Fictional Company: Ice cream shop Strategic Goal: Improve Employee Retention HR Function: Compensation and Benefits HR in Practice ( I only need you to focus on this part of the project)Project

The following information is used for our project. Fictional Company: A ice cream shop. Our Strategic Goal: To Improve Employee Retention. HR Function. Compensation and Benefits. In Practice. I will only require you to concentrate on that part. You will need to find an external article that is credible and describes an actual company that uses an HR function in order to achieve a strategic goal. You don’t need to use the exact same example as the proposed activity.
Many HR managers have made employee retention a top priority due to an abnormally high level of voluntary turnover. According to the September 2021 report, there was an unprecedented rise in resignations among U.S. workers. (Dewar, 2021). There is no one solution to this problem, but remuneration must be taken into consideration. An ice cream shop’s HR professionals may use clever compensation changes to increase employee loyalty. According to Dewar (2021), 36% of employees say they are willing to quit their job in order for better benefits and income. There are many options for those looking to earn more. In response to skills shortages and inflation (Dewar, 2021), compensation is increasing quickly in many sectors and activities. (Dewar, 2021). It is necessary to revise the salary scales in order for them to reflect the company’s overall compensation philosophy. To maintain equality, the salaries of all team members should be adjusted. Although strategic pay adjustments can be costly, they are more affordable than the cost of dismissing employees, which could run up to 33 percent of their base salary.
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more