Compensation Plan, writing homework help
Assignment 2: Compensation Plan Outline
See Assignment 1 attached below
Using the same company you researched in Assignment 1, evaluate the company’s compensation plan to determine how it could be improved.
Write a six to eight (6-8) 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 resources.
Your assignment must follow these formatting requirements:
- Be
typed, double spaced, using Times New Roman font (size 12), with
one-inch margins on all sides; references must follow APA or
school-specific format. Check with your professor for any additional
instructions.
- Include a cover page containing the
title of the assignment, the student’s name, the professor’s name, the
course title, and the date. The cover page and the reference page are
not included in the required page length.