Creating an internally consistent compensation system

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Question

You are the human resources (HR) manager for a technology company that provides technical support for hospitals using computer systems that share information. Your company has just been awarded a new contract requiring a huge increase in the organization's workforce. The contract will involve providing technical support for several large hospital systems in the Midwest. As a result, you have been asked to outline the process that you will use to develop an internally consistent compensation system and present it to the company's owners for approval.

-Describe the reasons why an internally consistent compensation system is necessary.

-Outline the process involved in creating an internally consistent compensation system.

Ensure including enough information to convince the owners that the time, effort, and human resources this process will take will be worth it to the company in the long run.

Reference no: EM132901452

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