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Split between base pay and output related pay

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Reference no: EM132455268

Project : The Fit Stop

Need answers for the following questions.

  1. What would be your recommendations regarding the split between base pay and output related pay at this organization ? Would the split be the same for all groups of employees ? If not, what would be split and give your reasons for the same.
  2. Would you recommend that the Fit Stop follow a lag, lead or match compensation strategy ? Indicate the reasons for your choice.
  3. Give your recommendations regarding variable pay options at the Fit Stop.  What are the behaviors you will try to promote and what type of variable pay plans will best serve your strategy.
  4. What are the criteria you would use to select indirect pay plans ? What plans would meet these criteria best?
  5. How would you evaluate the effectiveness of the compensation and reward strategy at the Fit Stop?

Reference no: EM132455268

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