Holland Enterprises Compensation and Benefits Custom Essay

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Holland Enterprises Compensation and Benefits Custom Essay

Retaining employees that are most talented and competent is very essential to have along organizational achievement. Therefore, a recommended component attracts and retains the employees. This component includes the implementation and design of a system of compensation and benefit that is effective. For hardworking and productive employees, it is advisable also that they should receive worthwhile payback. Holland enterprises experience this crisis where the number of employees is three thousand five hundred. However, twenty-five percent of the employees have fled due to the system that they claim is not competitive in the market and is unfair to them (Davis & Edge, 2004). As a Human resource consultant hired to analyze, review and revise the system of compensation and benefit in the company, there is, need to come up with a more competitive and fair strategy that will bring the employees satisfaction and enhance their performance.