Plan supports key objectives-internal and external equity

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Reference no: EM131730947

Design a 525- to 700-word total compensation plan (written in the third person voice) for an imaginary competitor of Amazon, Home Depot, Starbucks, FedEx Corporation, or Bristol-Myers Squibb. Address the following details in your plan:

How your plan supports key objectives; internal and external equity

An evaluation of current trends and issues in total compensation and a prediction of future trends Internal and external equity

A wage management process and rationale

A retirement plan and how participation will be driven

The influence of the organization's financial condition on the total compensation plan

How your plan will be communicated to leadership and employees.

Reference no: EM131730947

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