Imagine You Are A Human Resources (HR) Manager. Create An Ei ✓ Solved
Imagine you are a human resources (HR) manager. Create an ei
Imagine you are a human resources (HR) manager. Create an eight- to ten-slide PowerPoint presentation on compensation (direct and indirect) for a chosen job title and location. Identify core compensation (direct pay), benefits (indirect compensation), and benchmark benefits against the industry average. Use data to strategize, benchmark, and develop pay grades and levels. Use speaker notes to explain each slide's content in detail. Follow the 6x6 rule (no more than six to seven lines per slide and six to seven words per line). Include a title slide and a references slide; these do not count toward the slide total. Use relevant illustrations that relate to the content.
Paper For Above Instructions
Executive summary
This document outlines a recommended eight- to ten-slide PowerPoint presentation for a human resources manager tasked with developing pay and benefits strategy for the role of Registered Nurse (RN) in Austin, Texas. It includes data sources, benchmarking methodology, recommended core compensation and indirect benefits, and detailed speaker notes for each slide. The approach uses labor-market data and industry benchmarks to develop pay grades and benefits that support recruitment, retention, and internal equity (BLS, 2024; SHRM, 2023).
Chosen job title and location
Job title: Registered Nurse (RN). Location: Austin-Round Rock metropolitan area, Texas. Rationale: RN is a high-demand clinical role with significant market variance; Austin is a fast-growing labor market with unique cost-of-living and supply constraints that affect pay strategy (BLS, 2024).
Data sources and benchmarking approach
Primary data sources: U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics for location-specific pay (BLS, 2024); Payscale and Glassdoor for real-time market salaries (Payscale, 2024; Glassdoor, 2024); SHRM and WorldatWork guidance for total rewards design (SHRM, 2023; WorldatWork, 2021). Complementary sources include CIPD and Willis Towers Watson reports for benefits prevalence and industry averages (CIPD, 2022; Willis Towers Watson, 2020).
Benchmark steps:
- Collect median hourly wage and percentile distribution for RNs in Austin (BLS, 2024).
- Compare proprietary salary data (Payscale, Glassdoor) to verify market movements.
- Define core compensation ranges (salary grade min–mid–max) anchored at market 50th percentile with reference to 25th and 75th percentiles for entry and stretch roles (Milkovich, Newman, & Gerhart, 2013).
- Benchmark benefits (health, retirement, paid leave, tuition reimbursement, licensing support) against industry averages from Willis Towers Watson and SHRM surveys (Willis Towers Watson, 2020; SHRM, 2023).
Core compensation recommendations (direct compensation)
Using the market median for Austin RNs as the anchor, establish three pay grades:
- Grade A (Entry RN): 25th percentile hourly wage.
- Grade B (Experienced RN): Market median (50th percentile).
- Grade C (Clinical lead/charge RN): 75th percentile and above.
Include differential pay for specialty shifts (evening/night), on-call, and overtime consistent with federal and state rules. Use structured salary ranges with clear progression criteria tied to experience, certifications, and performance (Heneman, Judge, & Heneman, 2019).
Indirect compensation (benefits) and benchmarking
Recommended benefits package:
- Health insurance with employer contribution at or above industry median.
- Retirement plan with employer match (e.g., 4% match) to meet market norms (Willis Towers Watson, 2020).
- Paid time off (PTO) starting at 15 days, increasing with tenure.
- Tuition reimbursement and continuing education stipend for licensing and specialties.
- Licensing/certification fee reimbursement and paid professional development days.
Benchmark each benefit element against the industry average: adjust employer contributions and PTO levels to be at least market median to stay competitive in Austin's tight nursing market (SHRM, 2023; CIPD, 2022).
Slide-by-slide outline with speaker notes
The following outlines eight content slides (plus title and references) with concise slide content that follows the 6x6 rule and expanded speaker notes for presentation delivery.
Slide 1: Title (Title slide — not counted)
Slide content (brief): "Total Compensation: RN — Austin, TX"
Speaker notes: Introduce presenter role, assignment objective: present direct and indirect compensation analysis and recommended pay grades for RNs in Austin. State methodology and data sources (BLS, Payscale, SHRM).
Slide 2: Market snapshot
Slide content: "Austin RN wages: 25th | 50th | 75th percentiles"
Speaker notes: Present specific wage numbers and percentiles from BLS and Payscale; explain labor supply/demand context and local cost pressures (BLS, 2024; Payscale, 2024).
Slide 3: Proposed pay grades
Slide content: "Grade A: entry • Grade B: mid • Grade C: senior/lead"
Speaker notes: Define min-mid-max for each grade, alignment to percentiles, promotion criteria, and differential pay policy (Milkovich et al., 2013).
Slide 4: Benefits overview (indirect)
Slide content: "Health • Retirement • PTO • Education • Licensure"
Speaker notes: Explain recommended benefit levels vs. industry medians and rationale for tuition/licensure support to reduce turnover (Willis Towers Watson, 2020; SHRM, 2023).
Slide 5: Benchmark comparison
Slide content: "Our package vs. Industry median (percentiles)"
Speaker notes: Show a simple chart comparing employer contributions, PTO days, and tuition reimbursement against industry averages; explain areas above/below market and proposed adjustments (CIPD, 2022).
Slide 6: Total compensation example
Slide content: "Example: RN mid-range total comp = salary + benefits value"
Speaker notes: Demonstrate calculation of total compensation using cash pay plus estimated benefits value (WorldatWork guidance on valuing benefits) and how it affects recruitment messaging (WorldatWork, 2021).
Slide 7: Implementation and timeline
Slide content: "Phased rollout • Communication • Review cadence"
Speaker notes: Recommend phased implementation, stakeholder communication plan, and quarterly market review schedule to maintain competitiveness (Heneman et al., 2019).
Slide 8: Risks and mitigation
Slide content: "Budget impact • Retention risk • Compliance"
Speaker notes: Address budget constraints, potential internal equity issues, and compliance considerations; propose mitigations such as phased budgeting and equity audits (Gerhart & Milkovich, 1992).
Slide 9: Conclusion and recommendations
Slide content: "Adopt grades • Match median benefits • Review annually"
Speaker notes: Summarize key actions: adopt pay grades anchored at median, align benefits to market or slightly above, implement transparency in progression criteria, and schedule annual benchmarking (SHRM, 2023).
Slide 10: References (References slide — not counted)
Slide content: "Key data sources and methodology citations."
Speaker notes: Point audience to full references and data tables; invite questions and next steps.
Implementation notes and measurement
Measure success with hiring time-to-fill, turnover rates for RNs, internal pay equity metrics, and employee engagement scores. Re-benchmark annually or when market shocks occur (e.g., pandemic, regulatory changes) (BLS, 2024; Willis Towers Watson, 2020).
Conclusion
This presentation structure and recommended compensation package balance market competitiveness, budget discipline, and retention-focused benefits. Anchoring pay grades to local data and benchmarking benefits against industry medians ensures the organization attracts and retains qualified RNs while maintaining internal equity and fiscal responsibility (Milkovich et al., 2013; SHRM, 2023).
References
- U.S. Bureau of Labor Statistics. (2024). Occupational Employment and Wage Statistics. https://www.bls.gov/oes/
- Society for Human Resource Management (SHRM). (2023). Total Rewards and Compensation. https://www.shrm.org
- WorldatWork. (2021). Total Rewards Model and Compensation Resources. https://www.worldatwork.org
- Payscale. (2024). Salary Data and Compensation Research. https://www.payscale.com
- Glassdoor. (2024). Salaries and Company Insights. https://www.glassdoor.com
- Heneman, H. G., Judge, T. A., & Heneman, R. L. (2019). Staffing Organizations and Compensation Foundations. McGraw-Hill Education.
- Milkovich, G. T., Newman, J. M., & Gerhart, B. (2013). Compensation (11th ed.). McGraw-Hill Education.
- CIPD. (2022). Reward benchmarking and market data guidance. https://www.cipd.co.uk
- Gerhart, B., & Milkovich, G. (1992). Employee compensation: Research and practice. Journal of Management, 18(2), 299–320.
- Willis Towers Watson. (2020). Global Benefits Attitudes Survey and Benchmark Reports. https://www.willistowerswatson.com