Assignment 2:
Compensation Plan Outline

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Assignment 2: Compensation Plan Outline

Due Week 8 and worth 300 points

Write 7 page paper in which you:

1. Evaluate the existing compensation
   plan to determine if it is the most appropriate for your company. Explain
   your rationale.
2. Determine the most beneficial
   ratio of internally consistent and market consistent compensations systems
   for the company you selected.
3. Evaluate the current pay structure
   used by your company and assess the recognition of employee contributions.
4. Make two (2) recommendations for
   improving the effectiveness of the discretionary benefits provided by the
   company you selected.
5. Evaluate the types of
   employer-sponsored retirement plans and health insurance programs provided
   by the company you selected and compare them to that company’s major
   competitors.

Use at least three (3) quality references. Note: Wikipedia and
other Websites do not qualify as academic resource