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Published byRosamond Hampton Modified over 6 years ago
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What a Marketing Assistant is offered at LUREEN
(Using TRM) BY: Ali Yusuf ( )
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Presentation Agenda What is a TRM? TRM components
Using TRM to show Marketing Assistant rewards Questions and Further justifications
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TRM (Total Rewards Model)
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Five Components: 1. Compensation 2. Benefits
Fixed Pay (e.g. Base Pay like Salary) Variable Pay (e.g. Bonuses) Example : Pay for time not worked 2. Benefits
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4. Performance & Recognition
3. Work-life Example: Work Flexibility Example: Awards like Employee of the month Example: Training and learning 4. Performance & Recognition 5. Development & Career opt.
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Marketing Assistant Rewards
1. Compensations: Fixed Pay Base Wages Monthly Salary Pay $43K=BD16K , divided by 12=BD1.3K Taxes and Living cost? Therefore, BD Shift & Holiday Pay (e.g. Art. 57 (b) PSLL) Bonuses Program (Referral / Project completion) (Salary, 2013) (Severson, 2011) (Haratty, 2012)
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2. Benefits Legally Required:
Social Security/Unemployment insurance –Defined Benefit Plan offered- (SIL, Art. 18 – rates- & 33 –employer contribution rates-) Medicare (Art. 171/172, PSLL & Art. 50 SIL) –Medical Plan will be given-.
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Continued Pay for time not worked:
1. Vacation: Art. 58 (annual leave 30 days -full pay-) 2. Holidays: Art. 64 (Eid & official occasions –full pay-) & Pilgrimage leave (art. 67) 3. Sick Leave: Art. 65 (15 days days days) 4. Bereavement leave: Art. 63 (3 days –full pay-)
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4. Performance & Recognition
3. Work-Life Maternity/Paternity Leave (Art. 63) On Site Fitness Facilities (Hotel Gym) 24-Hour Nurse Line (Hotel Nurse) –Art.171(3), provide first aid)- Volunteer Programs and other activities (like annual camping) Performance Reviews Service and goals specific Awards 4. Performance & Recognition
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5. Development & Career Outside Seminars and Webinars
On the job training and New technology training Manager help and Resident experts Chances of Job Promotion *Satisfy employee and trade union because of collective bargaining –Art. 137/138-.
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Important References Salary. (2013). Retrieved from Severson, D. (2011). The typical pay for a marketing assistant. Retrieved from SIL (1976). Social insurance law. Retrieved from on Social Insurance.pdf Haratty, T. (2012). New minimum wage increase. Retrieved from
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Thank You for your attention. Any Questions?
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