Design compensation plan for henderson printing

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Reference no: EM132958686

Please Design the compensation plan for Henderson Printing with these questions

1. Defining the group or work unit to be included in the plan

2. Establishing the bonus formula

3. Defining the baseline against which to measure improvement

4. Deciding on the share between the company and the employees

5. Deciding on the split among employees

6. Deciding on the frequency of payout

7. Developing procedures for communicating results

8. Deciding whether and how to incorporate employee participation

Reference no: EM132958686

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