Paper Homework
Length: 11 pages
You need to develop a compensation plan for managers in the United States. The compensation plan should include salary, benefits, and any fringe benefits to attract the most qualified people. The plan should also address any legal compensation requirements. Write it in 11 to 12 pages.
Focus on these points -Most of the points should be covered from the particular topics
a) Have develop compensation plan which includes Salary, benefits and any fringe benefits to attract most qualified people. Plan should also address any legal compensation requirements
b) Be able to explain the goals of a compensation plan.
c) Be able to explain the internal and external considerations of compensation package development.
d) Know how to develop a compensation philosophy.
e) Explain types of job evaluation systems and their uses.
f) Be able to define and discuss the types of pay systems and factors determining the type of pay system used.
g) Know the laws relating to compensation.
h) Explain the various types of benefits that can be offered to employees.
i) Be able to create Key Performance Indicators.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.