Evaluate the company's compensation plan to determine how it could be improved.
Create a six to eight (6-8) page paper in which you:
• Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale.
• Determine the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
• Evaluate the current pay structure used by your company and assess the recognition of employee contributions.
• Make two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
• Evaluate the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and compare them to that company's major competitors.
• Use at least three (3) quality references.