Compensation Packages

Question 1

Instructions: Final Research Project. Select three (3) countries of your choice and conduct research into how the compensation & benefits packages of those countries differ from those of the United States. What might they do better? What might we do better? Discuss health insurance benefits, salary, paid time off, and other differences as you find them. Prepare your research project this week as if you are preparing to present your findings to a HRM Benefits Counselor.

Submission Instructions: 

Please support your ideas, arguments, and opinions with independent research, include at least five (5) supporting references or sources(NOT Wikipedia, unknown, or anonymous sources), format your work in proper APA format, include an abstract, cover page, a Reference section as required, and a minimum of 8 full pages of double spaced written content. Be sure to cite all listed references properly in text in accordance with the 6th edition of the APA manual, chapters 6 & 7.

Question 2

Your essay should be approximately 250 words on the following topic:

As the text suggests, experience rating of benefit plans achieves the ultimate degree of premium equity among policy holders. 

In your essay, please comment on the following:

• Define experience rating
• Why might this be a more fair way to rate benefit premiums?
• Why is it not used every time benefit premiums are rated?
• Are there any drawbacks to using experience rating and why?