Through the completion of the three-part Compensation Plan Project, students created a compensation plan for a position in a hypothetical organization. To be effective, they evaluated the strategic implications various compensation philosophies have on an organization. They also analyzed the various forms of employee benefits and the key components of constructing a benefits compensation plan. In addition, students evaluated the impact the Fair Labor Standards Act (FSLA) and other laws have on the compensation practices of an organization. Now is the time for students to present their findings and recommendations to the organizations executive team.
· Setting – Assume you are presenting to the executive team of your hypothetical organization.
· Preparation – Prepare a professional presentation in MS PowerPoint that reviews each of the major elements of your Compensation Plan.
· Slide content
o Title slide remember that this is being presented to the executive team
o Introduction While you dont need to describe the company you do need to introduce the purpose of the Compensation Plan and the position being evaluated.
o Compensation Plan – Your notes will outline the process and logic used to reach your recommendations as well as any legal implications for that topic. Be sure to make a connection to the organizations strategy and goals whenever possible, including methods to contain labor costs. Slides will include only your recommendation and implications/benefits of your selection. Be sure to include each of the following topics:
Compensation Strategy (see Part I of project)
Internal Alignment (see Part I of project)
Pay Structure (see Part II of project)
Pay Level (see Part II of project)
Determination of Individual Pay (see Part III of project)
Recommended Mix of Employee Benefits (see Part III of project)
Conclusion request support to move forward.
PLEASE PROVIDE SPEAKER NOTES.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more