Designing a Compensation Package for HRM
Using the job description and evaluation method that you created for the exercises in weeks 2 & 3, and the feedback from peers, design a proposal for a competitive compensation package for the position, including the following elements:
- Job description
- Method of Job evaluation
- Intrinsic and extrinsic benefits
- Compensation package and rationale for same
- How performance will be measured
- Why the proposal you have created is appropriate for the market at this time.
- Compensation strategy.
The proposal should be formatted in accordance with APA, 6th edition, and the guidelines of the template provided at the Ashford Writing Center. It should be between 2000 - 2500 words in length excluding title page and references. Be sure to include at least 6 scholarly and/or popular sources, one of which must be the course text.