Traditional and Non-traditional Benefits
Video 1: https://youtu.be/d3zr6TrbA8E (Links to an external site.)
Organization: Bright Horizons
Themes: The video emphasizes the importance of total rewards and compensation. Traditional and non-traditional benefits are described. The idea of valuing, appreciating and respecting employees as an important part of offering an attractive work environment is also emphasized.
Plot: The Chair and co-founder, President and Chief Operating Officer, the Chief HR Officer, and a Center Director discuss the philosophy and specific practices regarding compensation, benefits, rewards, and recognition at Bright Horizons. The importance of considering a mission-driven purpose in determining compensation and rewards is emphasized.
Questions
Q1. Describe how you think Bright Horizons’ compensation supports its business values.
Q2. Do you think Bright Horizons’ has an entitlement compensation philosophy or a performance compensation philosophy? Explain
Q3. Does Bright Horizons use market competitiveness strategies that make it a pay leader or a pay follower?
Q4. How does the competitiveness strategies relate to internal and external equity issues?
Q5. Would you want to work at Bright Horizons based on its compensation system? Explain