Subject: Compensation and Benefits Strategies Recommendations
For this task, I need you to work with a team.
You will only be able to work with one client, though, so everyone in your team must agree on which client to work with.
I need you to develop some compensation and benefit recommendations for the client.
Don't forget to check the Client Communications link to see a copy of my communications with the client regarding this issue.
In your recommendation, make sure you do the following:
Conduct a market evaluation by researching what companies in the relevant market are providing to employees from a total compensation
Voicemail from Bradley Stonefield
Bradley: Hey Traci, this is Bradley Stonefield. I wanted to talk to you about getting some recommendations for pay and benefits strategies. I have a list of some things I’d like you to keep in mind. I can send you the list if you need me to, but I’ll just summarize it for you real quick.
One: I’d like to be comparable to other limousine services.
Two: I’m not sure how the market is in Austin, TX, but I want to fit in well there.
Three: Again, I’d like to plan for 25 employees.
Four: My projected annual net revenue for the first year is -$50,000.
Finally, I am predicting 5% revenue growth over the next couple years.
I think that’s it. If you could use that information to give me some recommendations, I would greatly appreciate it! Thanks so much, and talk to you more soon.