Question

Provide an overview of the employee compensation and benefits package that you developed in the narrative portion of this assignment. Determine if the employee will be exempt or nonexempt and discuss how overtime will be handled.

Answer 1

It would have been good if you included any para referring to the narrative portion of your assignment, in which you've drawn some conclusions on the employee compensation and benefits package. But I'll try to explain my version of the overview of these items.

So coming to the employee compensation scheme, it can be discussed as the technique for retaining the best employees and skills under your company. In the scheme of compensation system company offers many compensation packages and benefits.

Some of the benefits may be offering Health insurance, paid offs such as paid leaves, paid vacations, etc. And it may also extend upto any retirement benefits that the employer is willing to provide. So there will be an endless list for the benefits package. It depends on the employer and the size of the business that is on the market for providing the type of compensations and benefits.

I hope you've got some information about the question you've asked. If you find anything wrong please let me know, or else you can like this and appreciate my work. Thank you.