HRM 324 Week 5 Total Compensation Plan | eBooks | Education

HRM 324 Week 5 Total Compensation Plan

HRM 324 Week 5 Total Compensation Plan PLDZ-9413
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HRM 324 Week 5 Total Compensation Plan

 

Design a total compensation plan (written in the third person voice) for an imaginary competitor of Amazon, Home Depot, Starbucks, FedEx Corporation, or Bristol-Myers Squibb.

Address the following details in your plan:

 

 

 

    • How your plan supports key objectives

 

 

    • An evaluation of current trends and issues in total compensation and a prediction of future trends

 

 

    • Internal and external equity

 

 

    • A wage management process and rationale

 

 

    • A retirement plan and how participation will be driven

 

 

    • The influence of the organization’s financial condition on the total compensation plan

 

 

    • How your plan will be communicated to leadership and employees

 

 

 

Format your paper consistent with APA guidelines.

Cite all sources according to APA formatting guidelines.

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