The MPBS Compensation Plan (APA FORMAT) A+++++ Quality

Feb 3rd, 2012
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Ashford University
Course: management
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MPBS has requested your assistance in developing a new and comprehensive compensation plan that will meet the company’s needs in both their domestic operations and their international operations. MPBS management has asked you to review their current plan and prepare a report describing the new plan. You have asked MPBS to describe the most important criteria they would like to see in the new plan and they have indicated they would like to have a compensation program that will: Help align organizational efforts to the company’s mission and strategic plan. Recognize, reward and stimulate good and excellent performance. Be considered fair and equitable by as many company personnel as it is realistic to expect. Withstand legal challenges. Be cost effective. Your report should include the following: The core of the benefits package [e.g., insurance, paid time off (PTO), and retirement programs]. Lifestyle benefits with appropriate summary details on each of

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