Compensation Plan Outline

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  • Compensation Plan Outline

    Using the same company you
    researched in Assignment 1, evaluate the company’s compensation plan to
    determine how it could be improved.

    Write a six 6 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 (2) 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 (3) quality references. Note: Wikipedia and other
      Websites do not qualify as academic resources.

    Your assignment must
    follow these formatting requirements:

    • Be typed, double spaced, using Times New Roman font (size 12), with one-inch
      margins on all sides; references must follow APA or school-specific format.
      Check with your professor for any additional instructions.
    • Include a cover page containing the title of the assignment, the student’s
      name, the professor’s name, the course title, and the date. The cover page and
      the reference page are not included in the required page length.


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