Compensation and Benefits Essay - 1427 Words

Course Project The Compensation and Benefits of the Dooly County School System [pic] Renee Bowens HRM430 Professor Eureka Hampton August 16, 2009 DeVry University Abstract This report will show what compensation and benefits are offered to the employees of Dooly County. It will also show how a sick leave bank would benefit the employees that have exhausted their sick and personal leave days in order to care for themselves or their families. I hope this paper will show readers that although Dooly County is a small rural county, they can compete with other school systems with their compensation and benefits. The Dooly County School System is a small organization that employs from 200 to 300 employees. These employees†¦show more content†¦The superintendent, directors, principals, clerical staff, and maintenance workers receive ten (10) days vacations. Custodians that are twelve-month employees receive five (5) days paid vacation. Twelve-month employees receive their vacation days at the start of the new fiscal year which begins on July 1st. â€Å"Benefits available through payroll deductions are classified as two types (mandatory or voluntary† (Personnel Handbook, 2008). Mandatory deductions are required by law. The mandatory reductions are federal income tax withholding and state income tax withholding, teacher’s retirement, public school employees retirement, social security/old age, survivors death insurance tax, and Medicare tax. â€Å"All full time employees have the opportunity to elect to participate in voluntary deductions† (Personnel Handbook, 200 8). Some of the voluntary deductions include dental insurance, credit union, disability insurance, life insurance, medical/hospitalization, and etc. Although the compensation and benefits that the school system in Dooly County provides for their employees are good, there is always room for improvement. A benefit that would help the employees would be a sick leave bank or donated leave pool. â€Å"The purpose of the donated leave pool is to provide a means or employees to donate and receive paid leave to alleviate hardships caused to an employee or the employee’s family if an illness or injury forces and employee to exhaust all earned leave time†Show MoreRelatedCompensation And Benefits Of Compensation Essay1275 Words   |  6 PagesCompensation Benefit The compensation and benefits department is usually responsible for the  transparency in the compensation practices  in the organization and keeping the internal fairness of the total cash. The compensation and benefits has to supervise the development of new compensation components and keeping the general rules for the design of the compensation component. 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