Reference no: EM133179816
You have to design and formulate a compensation and promotion plan, that will promote corporate goals in organizations.
Plan and implement a total rewards system using for example:
pay time off, retirement, 401K, incentives, cash bonuses, increase pay, etc.
It can be around 10-15 bullet points max, where you will formulate a compensation/promotion plan for your hypothetical company, hence, an:
E-commerce business, where everything is sold online.
It has 3 positions, Human Resource Manager, Supervisor/employee, and IT person.
Follow the four phases for implementing the rewards system which are:
Assessment, Design, Execution, and Evaluation.