Homework: Job Offer Table, Letter of Acceptance, & Executive Memo
After you carefully read, Name Your Price: Compensation Negotiation at Whole Health Management, you will prepare three documents as your Final Project submission. For the purposes of this homework, you are Monroe Davies (or Monica, if you prefer). As such, everything in this reading applies to you. Note that the purpose of this homework is for you to become familiar with the primary aspects of a compensation package and the negotiation process. To accomplish this homework, you will accept this position and complete the three documents detailed here (submitting them as a single Word document into the Moodle Dropbox, which will be posted next week).
1) Job Offer Table: Prepare a simple table from the information available on Exhibit 1 (page 5), which is the job offer template sent to you by Jim Hummer. Jim has written in XXXX's in the spaces next to five line items: compensation, bonus, relocation allowance, stock options, and continuing education stipend. Based on the data available in this reading and any research you conduct, complete the compensation package to be submitted to Jim Hummer. In other words, determine the amount that you are proposing for each of the five line items.
2) Letter of Acceptance: Write a letter of acceptance to Jim Hummer to accompany the job offer table.
3) Executive Memo with Citations: Write a one (minimum) to two (maximum) page executive memo to me. With all the usual formatting criteria, provide your rationale and evidence for your actions, particularly in completing the job offer table.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.