Compensation plan outline

Assignment Help HR Management

Reference no: EM13737099

Compensation Plan Outline

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.

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.

The specific course learning outcomes associated with this assignment are:

Evaluate the effectiveness of traditional bases for pay (seniority and merit) against incentive-based and person-focused compensation approaches.

Compare and contrast internally consistent and market-competitive compensation systems.

Evaluate the role of benefits in strategic compensation.

Use technology and information resources to research issues in compensation management.

Write clearly and concisely about compensation management using proper writing mechanics.

Reference no: EM13737099

Questions Cloud

Patient point of view and satisfaction : Discuss how these questions get at the patient's point of view and satisfaction with the services provided. Discuss some of the ways in which the data that are collected might be skewed or not reliable.

Strategic management affect organizational decision : What benefits does a strategic management process bring to a health care organization. How does strategic management affect organizational decision making and financial performance

Negative trend in profitability for diagnostic imaging cost : Your agency/institution has noted a negative trend in profitability for a diagnostic imaging cost center over the past 4 quarters.

How has the composition of government spending changed : How has the composition of government spending changed since the 1960's? Support your answer with examples from the article.

Compensation plan outline : Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale.

How your topic relate to what we have discussed in class : How does it relate to what we've discussed in class? Why is it important? What can we learn from it today? Why did you choose this document or artifact? What is it?

Analyze master improvement plans and review plans : Analyze master improvement plans and review plans used to achieve long-term improvement efforts.

Calculate the expected completion time : Determine the critical path identified by a given PERT/CPM analysis. Determine the expected completion time for each of the ten project activities, entering all your answers in Table 1.1 and showing all your work

User Account

All Pages