Week 4 Discussion 1 compensation plan


Visit Web sites of three companies you might be interested in working for. Name the companies and list their URLs.  Review the benefits they offer and be prepared to discuss your findings in class. Does the compensation plan motivate you? Why or why not? You don’t need to interact with another student.

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Company: Morale, Welfare, & Recreation URL: Summary of Benefits:

CNIC NAF (401(k) Savings Plan – CNIC NAF matches all or a portion of the contributions you make, depending on the amount elected. Plan is qualified by IRS; special tax exclusionsCNIC Retirement Plan – Thrift Savings Plan with rollover abilities,

Life Insurance / Long Term Disability

Health, Welfare and Safety Benefits – Employee Assistance Program, Long Term Care, Medicaid and Children’s Health Insurance, medical and dental care via Aetna, HMO options depending on location.

COLA – Cost of Living Allowance based on geographical locationStateside hired employees, employees hired from the states and brought to overseas locations obtain housing and educational benefits for their children.

I’ve worked a total of seven years with MWR. There are many personal and professional reasons why I’ve continued to work with them, and the benefits that they offer is definitely a large factor. Yes, their compensation plan motivates me. I know from first-hand experience that they offer competitive pay(based on similar jobs in all of MWR). They reward their employees through annual appraisals. They also quarterly recognitions of employees that go above and beyond called employee of the quarter. This is announced to base community via Facebook, local newspaper, and organization email from the MWR Director. COLA is provided in high-cost-of-living areas and is based on the fluctuation of the local economy. In Japan for example, if the yen rate was low, our COLA would be high, and vice versa. They offer great medical and dental insurance. Insurance companies worked closely with the base doctors and

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