Benefits And Benefits Of Employees Essay

833 WordsJan 19, 20164 Pages
The theories discussed previously in Section 2.1 can refer to compensation, rewards and training among the outcomes that employees could find of value. Generally, in industry there are standard benefits and compensation, including medical, dental, pension and life insurance. However, there are other extra benefits and incentives that could play a part in motivating employees in the workplace. Before the survey results are discussed, the author discusses some of the benefits and incentives offered by UTAS. Some of these benefits are mentioned in the survey, with a purpose to link the benefits to the theories discussed and answer the research questions outlined in Section 1.2. 2.2.1 Compensation UTAS sets its job classification structure in accordance with the U.S. Department of Labor contract Standard Labor Categories for both exempt and non-exempt employees. Exempt employees are defined as professional employees of the organization, whilst non-exempt employees are individuals earning an hourly wage. Table 1: UTC Grades (or "levels") The job grades for the organization are outlined in Table 1; the example Standard Labor Category Chart (SLC) shown in Appendix A is for UTAS Exempt (Professional) employees, with employees having a prerequisite to meet the minimum requirements for each Standard Labor Category (SLC) for promotion or compensation. However, it is not guaranteed that an employee will be placed in that particular SLC just by meeting the minimum requirement.
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