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Human Resource Management
Career Development Plan IV - Compensation.
Now that you have created an appraisal system for employees on your new team and a career development plan for each member, it is time to develop a compensation plan. Because InterClean is embarking on a new strategic direction, upper management has asked you to suggest a new compensation plan specifically for your team. Propose your ideas and rationale to the Human Resource Department Manager for approval.
Write a 700 word proposal
o Describing a new compensation plan for your new employment team
o Explaining why your pay system will work
o Describing three components of a total rewards package that would motivate employees to reach peak performance
o Describing your compensation plan's benefits to the individual as well to the company
Important information about Staffing - Determine this strategy from an ethical perspective.
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Your experience with groups and teams in your organisation.
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Critically explain the strategic implications for enhancing your organization strategic capability through organizing, resourcing and change management strategies.
Confident of the data that needs to be gathered to track these metrics. How will the data be analyzed and How will the analysis results be used for improving and action planning?
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Describe the importance of training in these areas, pertaining to the organization and individual. You, as an outside consultant, have been asked to explain the importance of training in three areas.
Describe the various approaches available to aid you accurately forecast exchange rates. Identify the implications of exchange-rate changes on company's marketing, production, and financial decisions
What processes and tools would you suggest to improve communication between dislocated teams
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