solution

This can be any benefit you want to choose. you must describe the benefit and its use among industry peer firms, and why it should be included as part of the firm’s total compensation package. Discuss the monetary and non-monetary advantages to the firm, as well as any possible disadvantages. How would offering this benefit align with the firm’s industry, mission, values, and strategic objectives? How would this benefit impact the firm’s bottom line? How would offering this benefit impact recruitment, retention, and employee performance? What other firms are offering this benefit, and how has it affected their performance? What costs are associated with this benefit? Would those costs be paid by the firm, by the employees, or both? What, if any, vendors should be engaged and what service/product would they provide? How should it be marketed/communicated? How do employees become eligible for this benefit? What steps should the firm take to to implement the benefit? How long would it take to implement?