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You are the Compensation Manager for a large heavy equipment manufacturer. Your company has a long tradition of offering excellent benefits to employees, but your retirement plan is not flourishing. Over 70% of vested employees are not contributing to the 401K plan despite a generous matching program. Most plan participants do not allocate their assets effectively and are destined to fall short of their retirement goals if they don’t change their allocations. Over 35% of the plan’s assets are in the money market fund. Employees don’t seem to understand their options and they do not understand the plan currently offered or the importance retirement planning in general. Your goal is to start anew with the company’s retirement benefits and re-engage employees who are not participating and are struggling financially. You have asked to be added to the top management’s staff meeting agenda that will be held next week. There are many things to think about—is a defined benefit plan better than a defined contributions plan? Is there a combination of retirement plans that should be offered instead? Could our retirement plan be used as a successful recruitment and retention tool? What do employees need to know in order to make effective plans toward retirement? Develop a 2-3 page plan on what you will be covering with top management. Provide as much detail as possible. Defend why you select one or more plan(s) over others. Please: • Reference any sources that you use in your work. • Use headings and subheadings to show the structure of your analysis. • Be sure to include a cover page and reference page, in addition to the 2-3 pages of analysis described above. • Submit your paper to CourseNet by the end of this module. The link to “The Trident Guide to the Well Written Paper” (instruction on writing papers, citing sources, proper referencing, and so forth) is http://support.trident.edu/files/Well-Written-Paper.pdf Library Instructions: To access articles in the Library, please follow these steps: –Login to CourseNet at https://coursenet.trident.edu/ –On the left hand navigation pane under Resources, select “Library Portal.” — From there, you will be directed to the Touro College Library database. If you know the database in which your article is located, then select that database to start your search. –If you cannot locate an article in one set of databases (such as EBSCO), try to find it in ProQuest. –Click on "Advanced Search." Put in Document ID number if known. This will speed up the time it takes to find articles. Otherwise search by author, title, journal name, date. At this time, the only exception remains Ebrary. To search Ebrary, please return to the navigation bar of CourseNet and click on Ebrary. It is located just below the Library Portal. It will take you directly to this database.

You are the Compensation Manager for a large heavy equipment manufacturer. Your company has a long tradition of offering excellent benefits to employees, but your retirement plan is not flourishing. Over 70% of vested employees are not contributing to the 401K plan despite a generous matching program. Most plan participants do not allocate their assets effectively and are destined to fall short of their retirement goals if they don’t change their allocations. Over 35% of the plan’s assets are in the money market fund. Employees don’t seem to understand their options and they do not understand the plan currently offered or the importance retirement planning in general.
Your goal is to start anew with the company’s retirement benefits and re-engage employees who are not participating and are struggling financially.
You have asked to be added to the top management’s staff meeting agenda that will be held next week.
There are many things to think about—is a defined benefit plan better than a defined contributions plan? Is there a combination of retirement plans that should be offered instead? Could our retirement plan be used as a successful recruitment and retention tool? What do employees need to know in order to make effective plans toward retirement?
Develop a 2-3 page plan on what you will be covering with top management. Provide as much detail as possible. Defend why you select one or more plan(s) over others.
Please:
• Reference any sources that you use in your work.
• Use headings and subheadings to show the structure of your analysis.
• Be sure to include a cover page and reference page, in addition to the 2-3 pages of analysis described above.
• Submit your paper to CourseNet by the end of this module.
The link to “The Trident Guide to the Well Written Paper” (instruction on writing papers, citing sources, proper referencing, and so forth) is http://support.trident.edu/files/Well-Written-Paper.pdf
Library Instructions:
To access articles in the Library, please follow these steps:
–Login to CourseNet at https://coursenet.trident.edu/
–On the left hand navigation pane under Resources, select “Library Portal.”
— From there, you will be directed to the Touro College Library database. If you know
the database in which your article is located, then select that database to start your
search.
–If you cannot locate an article in one set of databases (such as EBSCO), try to find
it in ProQuest.
–Click on “Advanced Search.” Put in Document ID number if known. This will speed
up the time it takes to find articles. Otherwise search by author, title, journal name,
date.
At this time, the only exception remains Ebrary. To search Ebrary, please return to the navigation bar of CourseNet and click on Ebrary. It is located just below the Library Portal. It will take you directly to this database.

Interested in a PLAGIARISM-FREE paper based on these particular instructions?...with 100% confidentiality?

Order Now