Share and discuss some of the pertinent knowledge you gained from… Share and discuss some of the pertinent knowledge you gained from the p
Share and discuss some of the pertinent knowledge you gained from… Share and discuss some of the pertinent knowledge you gained from the post you read.In response to posts, engage in a conversational tone as you respond to their comments and takeawaysGood evening everyone,What are two key takeaways you have learned from this course? Reflect and discuss.I have a few takeaways from this course. First and foremost, prioritization. Executives should be prioritizing the needs and wants of their employees, while operating within their means. This makes the employees feel valued, and reduces turnover. It can be difficult to ensure the appropriate wages are paid or offer certain incentives, due to legislature and cost. That said, there are many alternatives that companies are turning to, like wellness programs and hybrid work schedules. Exterior or environmental factors also need to be The other key element I will take away, is the importance of structure and strategy when developing compensation and benefit structures. Having the creativity to think outside of the box and create programs that benefit both the business and its employees, is an absolute skill. These programs could make or break a decision for a potential hire, to keep them from choosing the competition for their workplace.When working alongside the development and operations teams, I will be able to offer fresher ideas, and a different perspective on compensation needs. Also, now I have the skills to better analyze and identify the strategic elements needed to generate effective rewards and compensation packages. I plan to apply for positions focused on D&I efforts, and compensation takes demographics into consideration. Having the understanding I do now, will allow for better collabortion.Do you think the SHRM website would be valuable to you in your current or future positions? Why or why not? Explain your answer.The SHRM website is a very valuable resource, in my current position, and future positions. I currently have my aPHR, but plan to pursue my PHR and SHRM certifications after graduation. The SHRM website creates a place of community where HR professionals can network, pursue professional development, and serve as a resource for updated policies. I love that the community is world-wide, and opportunities can be found all over. Share and discuss some of the pertinent knowledge you gained from the article you located.I chose the article about Microsoft doubling salaries and offering stock options to their employees. I have a friend, who used to work for Google, that was swayed to Microsoft, partially because of their benefits offerings. To hear that a large, and well known company cares about the effects of the economic crisis that has impacted many, due to the COVID-19 pandemic, warms my heart. Per the company, they “have factored in the impact of inflation and rising cost of living, these changes also recognize our appreciation to our world-class talent who support our mission, culture and customers, and partners.” (Miller, 2022). They are prioritizing their current staff to avoid turnover or being understaffed, while remaining competitive in their market industry.ResourcesMiller, S. C. (2022, May 19). Microsoft to Nearly Double Salary Budgets, Expand Stock Compensation. SHRM. https://www.shrm.org/resourcesandtools/hr-topics/compensation/pages/microsoft-to-nearly-double-salary-budgets-expand-stock-compensation.aspxMartocchio, J. J. (2022). Strategic Compensation a Human Resource Management Approach (9th ed.) [E-book]. Pearson. Business Management Human Resource Management OL 620 Share QuestionEmailCopy link
