Reference no: EM133266990

Analyze the following situation:

o Ms. Luna Izquierdo, President and CEO of Limpio Mucho, Inc., wants to determine the best way to quickly implement the new business strategy. She has commissioned you to suggest a new compensation plan specific to the Puerto Rico team. You must propose the plan and a justification for its approval by the Human Resources Department. She must consider that Limpio Mucho, Inc. needs to keep costs balanced, but at the same time wants to provide a compensation plan that fits her need to aggressively expand her operations on the Island.

Question 1. What is the purpose of the situation?

Question 2. Using the job titles below, develop a suggested compensation policy for the new team; includes financial compensation and a package of financial and non-financial benefits (for example, salaries, wages, commissions, benefits) for each of the identified positions.
POSITIONS:
• Sales representative
• Cleaning technician.
• Operations manager (COO)

• Administrative Assistant
• Marketing coordinator

Question 3. Describe the components of the incentive package to motivate employees to go the extra mile in their work. Consider trends in incentive pay for the industry and jobs.

Question 4. Describe what benefit the proposed compensation plan will provide to the company.

Question 5. How does the proposed compensation plan for Puerto Rico differ from Limpio Mucho, Inc.'s compensation plan at the national level?

Question 6. Explain why the payment system (compensation and benefits plan) proposed by you will work and how it will support the company's strategy.

Important notes for the job:
• Take into consideration for your plan important aspects such as the provisions on wages and salaries of the FLSA, Regulation 13 and the changes established by Law No. 4, Law of Transformation and Labor Flexibility.
• You can use information sources such as the State and Federal Department of Labor and other information sources that we have discussed in class to do the job.