Assignment: A Combination Of Base Incentive Pay
This is the full assignment but i just need 2 slides
Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the area. When averaging all of the manufacturing employees' salary divided by the market midpoint, the organization has a 0.90 compa ratio, meaning that on average employees earn 90% of the market rate.
Your firm has been asked to propose three approaches for management to consider:
Increasing base pay adding a team incentive plan such as profit sharing or individual incentive plan based on individual performance a combination of base and incentive pay.
Using the current sales and profit trend, the company has the ability to increase compensation spending by 4% annually for the next three years.
Create a 10- to 15-slide Microsoft PowerPoint, propose a plan for each of the three approaches make a final recommendation
The presentation should include graphics and speaker notes on each slide that script what would be said if this information were to be presented in person.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.