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 6 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.