HRM 531 Week 5 Individual Assignment – Career Development Plan IV—Compensation
Individual Assignment: Career Development Plan IV—Compensation
Because InterClean is embarking on a new strategic direction, upper management has asked you to suggest a new compensation plan specifically for your team. Propose your ideas and rationale to the human resource department manager for approval.
Resources: The Management Behavior, Career Development Plan Part I—Job Analysis and Selection, Career Development Plan Part II—Development of a Training and Mentoring Program, and Career Development Plan III—Performance and Career Management assignments
Review the Management Behavior assignment, completed Week One; the Career Development Plan Part I—Job Analysis and Selection assignment, completed Week Two; the Career Development Plan Part II—Development of a Training and Mentoring Program assignment, completed Week Three; and the Career Development Plan III—Performance and Career Management, completed Week Four.
Write a 700- to 1,050 word proposal that includes the following information:
Describe a new compensation plan for your employment team.
Explain why your pay system will work.
Describe three components of a total rewards package that would motivate employees to reach peak performance.
Describe your compensation plan’s benefits to the individual as well as to the company.
Note. APA format is not required for this proposal; however, you must include a title page and a reference page.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more