Assignment 5 Employee Compensation And Benefits

Compensation and benefitsJP Morgan believes that ,”We firmly believe our employees are vital to our ability to create and sustain a competitive advantage. Compensation and benefits strategy is a compelling philosophy all by itself.The exclusivity of the position of the Quality analyst comes by virtue of the high levels of compensation that is offered for zero delivery errors. The compensation and benefits that need to be offered to a quality analyst which is a very important deliverable in a investment company will be based on very important performance indicators hence the post should carry experience with it. Candidates who apply for this post should have a minimum experience and high levels of quality certification.It is suggested that the following be part of the compensation and benefits package given to a quality analyst so that it becomes the best in the industry.The position that the employee compensation and benefits package is being designed to that of a quality analyst at JP Morgan chase .The compensation will be as follows:The basic pay including overtime is $60k annuallyBonus -$12K to 14 KCash bonus _$7,500 -8,500Stock bonus -$1000Profit sharing -$3000The benefits