Compensation Project Problem: Benefit Plan
Now that you have your job description, job analysis, and basic pay structure created for your new position, starts to take a look at the benefits you will offer this employee. For this part of your project, continue to build on your compensation plan. You will do this by designing a benefit and incentive plan. This piece of the project should include the following:
a) Design an incentive program and apply to your job analysis and description.
b) Plan and create a detailed discretionary benefit plan and integrate the plan into the newly created position.
c) List the main benefits to the employees and costs of legally requiring benefits for employees.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.