What Is Compensation Analyst Statement?

One of the most pressing issues faced by Canada today is unemployment. In fact, reports confirm that the jobless rate continues to increase every year. As of February this year, the unemployment rate was at 7.0%. The presence of unemployment rate is evident in various provinces. In Quebec, the number of people working declined by 26,000 in February. Alternately, the number of employed in British Columbia fell by 10,000; while Saskatchewan nearly 6,000 individuals are unable to find jobs. The Conference Board of Canada projected that the country’s labour woes could reach to more than one million workers by 2020. In addition to this, experts predict that the unemployment rate in this country will surpass that of the United States. Along with the dismal figures and projections, the problem of unemployment consequently creates numerous negative consequences on the nation’s economy, its government, and of course its people. Some of the known effects of unemployment include reduced spending power, an increase in financial cost, recession, and even crimes and violence. Individually, long-term unemployment may result to depression, loss of self-respect, and strained relationships with family and friends – ultimately causing damage to the person’s overall well-being. The adverse effects of unemployment only show that this issue imposes a significant cost both on a national and individual level. As such, it is of primary importance to create an immediate plan of action to alleviate

The role of a Human Resource department is ever changing in today’s volatile business environment. Over the years HR have become strong strategic partners within an organization by providing functions such as recruitment,

Education along with work experience are vital resources that immigrants convey to Canada’s industry. However, this is not the scenario for many new immigrants, who struggles to get past the preliminary credentials check-up process. In 2007, a report showed that “foreign credentials of 340,000 Canadians or permanent residents of visible minorities have not been recognized” (Andrew Cardozo and Ravi Pendakur, 2007). In addition, a number of unemployed immigrants within that year accounted for the loss of $4.1B in Canada industry. In context, it shows that immigrants have a higher education than Canadian-born, “Statistics show that 47.5% of immigrants, aged 25 to 34, have completed university, compared to 26.6% of Canadian-born, workers” (Canadian government). This shows the proximity of ignorance and prejudice towards hiring an immigrant in Canada. To connect, these contempt results can give rise to many levels of distress, anxiety and psychological problems that can deteriorate and provoke health problems. A study done by Kate Strully at Harvard University concluded that “people had an increase of 81% chance to develop a mental illness after being unemployed” (KW STRULLY -

Fig. 3 "Current Publications: Employment and Labour." : The Employment Insurance Program in Canada: How It Works. N.p., n.d. Web. 21 Feb. 2016.

carefully planned out and considered, the total closure or failure of the organization could be at hand in the near future. In our modern age, employers know that salary is not the only factor that should be considered and that salary alone will not lead to better or more highly profitable workers alone. This is why compensation planning is important and why pay should have some connection between performance and compensation. This is why the human resources department should consider many monetary and non-monetary factors when considering how to properly compensate and motivate employees (Dessler, 2013).

With every job, comes a task or responsibility to accomplish. Every employee has a particular duty to fulfill on a day-to-day basis – it’s what he/she constantly thinks about during the workday. What about the operations of a business that most employees do not think about all time? How does the company run efficiently? How is a worker’s worth determined based on compensation? What criteria did management utilize to choose the employees that work for them? In order to effectively answer these questions, that is where people like Dr. Kathy Hanisch come into play.

After reviewing the Wilson Brothers Case Scenario, as Director of Human Resources for the organization, what conclusions can you draw with respect to the status of the company’s compensation strategies that are currently in place? What would you do to begin to address this situation? (3 Marks)

The issues and events examined in these two essays provide a fair and thoughtful discussion of processes that have led to diminished workplace rights among the women and migrant and immigrant workers in Canada. The decisive role in the development of long-term strategies as wage solidarity, the operation

Employee skills and the ability of employers to attract and retain skilled workers will be a primary concern to Canada’s economy in the immediate future. A train overflowing with crisis is approaching, and we need to stop listening for it to come because it’s already bearing down on us. Labour and skill shortages in Canada can be attributed to: aging population, increased life expectancy, migration of highly skilled labour, and the disparity between the skills possessed by youth and the skills demanded by employers.

In Canada it is impossible to survive without working or having a way in which you are able to provide for yourself and your family. In today’s society everybody is in search of a job that requires minimal effort and includes outstanding benefits and pay. In this current economy it is very challenging since the hiring process is very selective and very prejudice. On top of that there are many additional things that do not allow us to achieve those preferred jobs or professions. Over the next 10 to 15 years, the most important demographic changes that will affect Canadian employers and workers are: an aging workforce, a better educated workforce, and immigration with greater workforce Diversity.

With scholars such as Kerry L. Preibisch (The Other Side of el Otro Lado: Mexican Migrant Women and Labor Flexibility in Canadian Agriculture), Ronaldo Munck (Globalization, Migration and Work: Issues and Perspectives), and Parrenas R. S. (Servants of Globalization: Migration and Domestic Work) all argue that the power the employer has in selecting which migrant workers they want based on nationality or sex. In turn, has created a competition among the labor-supply of countries. And between the workers themselves based on social hierarchy, which both race and gender are prominent. However, these articles perspectives have not adequately addressed the issue of the relationship between how labour migration and the current economic policy in effect by the Canadian government the CSAWP has on migrant workers. My paper addresses the issue of migrant’s workers face in the agricultural sector in Ontario but with particular attention with regards to the recent changes in economic policies set by the Canadian government. Specifically, in my paper, I will be looking at the challenges of migrating to Canada, and the lack of fundamental rights of becoming a Canadian citizen, to show the difficulties that migrants face of being less mobile today than in the past. I will discuss the power that employers have the choice of picking the migrant worker that they want in Canada. The type of labour mobility they have within the workforce in Canada and juxtapose them against the current economic policies enforced by the Canadian Government to reveal the previously misunderstood connections between migrant workers and the challenges they face on a daily

The intent of this assignment is to develop a user-friendly tool that may be applied in the workplace to document Compensation processes and to guide a practitioner in completing the critical steps of each process. The purpose of this assignment is to assist in describing each component of a compensation management system, to develop a practitioner's guide for several of the key compensation management tasks covered in HR511 Total Rewards.

     Besides a relatively non-competitive business environment, Canada?s labour force also lacks the competitive mindset. Structural employment remains high, which is partly due to the existence of social assistance and unemployment insurance systems. Work incentives are low under the protection of the employment insurance program, which indirectly contributes in a higher than the desirable unemployment rate. Furthermore, unions and other similar groups do not promote many incentives for workers to stay competitive in the workplace by continuously learning and improving productivity. Countries that have been most successful in cutting unemployment are those that have improved

To obtain the desired education degree for the human resource career field, human resource management students must learn and complete various subjects during the education program as they would need to employ various skills in their practical life. Candidates studying the Human Resource Management discipline gain an insight into courses like Employee Compensation Management, Perspectives of Management Labor welfare, and Organizational Behavior (R. Palaciso, personal interview, 18 July 2010). The Employee Compensation Management course provides an analysis of the techniques and principles used to develop and instigate direct and indirect compensation programs and reward systems that are cost-effective. This course teaches students, as human resource, to attain and draw a highly

This paper will outline an employee compensation and benefits package for a new hire for a secretary for the department. First, it will describe the organization I chose for designating a compensation package. Next, this paper will develop an employee compensation and benefits package for this new position. This paper will outline an employee compensation and benefits package for a new hire for a secretary for the department. First, it will describe the organization I chose for designating a compensation package. Next, this paper will develop an employee compensation and benefits package for this new position. Attached to this paper is a Powerpoint presentation that will detail this employee compensation and benefits package, as well as an the eligibility of exempt or non-exempt status, other benefits that might be considered, government regulations that influence the compensation, two other organizations with similar compensation, and how this package aligns with the HRM strategy.