Strategic Compensation
Write a 1200-1500 word paper that describes a strategic compensation plan for machine operators at the Bumpbie Company. Refer to the descriptions of this company in the weekly dialogues and the week 3 assignment. Include at least 3 referenced articles and cite them as appropriate. This paper should at a minimum address the following:
- What should Paul do to determine how Bumpbie compares with other area employers in terms of wages and benefits?
- How could Bumpbie use variable pay to motivate its machine operators to stay? To increase their productivity?
- The majority of the machine operators are in their mid to late forties, some with families, some without. What types of benefits would you suggest offering?
Please submit your learning team paper here. Note this and all papers in this course should use APA format. This Powerpoint file on APA gives a brief overview.
For additional information: https://owl.english.purdue.edu/owl/resource/560/1/ (Links to an external site.)Links to an external site. And this YouTube video: http://www.youtube.com/watch?v=dGUfeM91mW8 (Links to an external site.)Links to an external site.
Please submit your assignment in Microsoft Word.
A minimum of three (3) credible references is required. Use the Webster Library databases instead of random unknown website which are often not credible for research.
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