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Determine the most beneficial ratio of internally consistent

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Reference no: EM13821789 , Length: 2400 Words

Assignment: Compensation Plan Outline

Using the same company, evaluate the company's compensation plan to determine how it could be improved.

Write a six to eight 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 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 quality references.

Reference no: EM13821789

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