BUS 409 Week 8 Assignment 2- 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 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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