HRM531 week3 Team Assignment Compensation strategies

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Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the area. When averaging all of the manufacturing employees’ salary divided by the market midpoint, the organization has a 0.90 compa ratio, meaning that on average employees earn 90% of the market rate

Your firm has been asked to propose three approaches for management to consider:


    • 4.Using the current sales and profit trend, the company has the ability to increase compensation spending by 4% annually for the next three years. _____________

    Create a 10- to 15-slide Microsoft® PowerPoint®, Prezi, or Microsoft® Sway® presentation in which you use at least one cited source, consistent with APA guidelines, to address the situation and:

    I only need 3 slides with speaker notes