BUS 409 Week 8 Assignment 2 - Compensation Plan Outline - Strayer University NEW

BUS 409 Week 8 Assignment 2 - Compensation Plan Outline - Strayer University NEW

BUS 409 WK 8 Assignment 2 - Compensation Plan Outline

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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 to eight (6-8) page paper in which you:
1. Evaluate the existing compensation plan to determine if it is the most appropriate for your
company. Explain your rationale.
2. Determine the most beneficial ratio of internally consistent and market consistent compensations
systems for the company you selected.
3. Evaluate the current pay structure used by your company and assess the recognition of
employee contributions.
4. Make two (2) recommendations for improving the effectiveness of the discretionary benefits
provided by the company you selected.

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