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:
- Evaluate the existing compensation
plan to determine if it is the most appropriate for your company. Explain
your rationale. - Determine the most beneficial
ratio of internally consistent and market consistent compensations systems
for the company you selected. - Evaluate the current pay structure
used by your company and assess the recognition of employee contributions. - Make two (2) recommendations for
improving the effectiveness of the discretionary benefits provided by the
company you selected. - 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
