Hrm531 Compensation and Benefit

requital and Benefit HRM/531 November 17, 2010 Joan Brannick This paper is about the topic of Compensation and Benefits. Compensation and Benefits are hot topics of either major company in todays world. Employees and new hires pauperism more than bills or commissions in this new economy, benefits like flexible hours, bonuses, training, everyday dress codes, tuition assistance, profit sharing, and vacation time. New wages plan The whole idea of the plan is to have the employee believe that the compensation plan is fair and equitable (Cascio, 2006, p. 432). The plan needs to involve cross-training so that employees can excel in performing the depute business sector but to excel into higher levels in the company. Clean-Tech knows the need for additional training and go away help any employee with educational assistance (Scenario, 2010). Working the new compensation system The new generate system result have all sales force play starting at the same lascivious pay level. Boards will be put up in the conference way with the top five sellers of products and the top five sellers of attends updated every week on Monday for the past weeks sales.

Making the list in two ways in two months will give the salesperson a 1% pay raise to the base pay, which does not blend like much, but it is not that difficult to earn 6% in a year time. This is not the annual pay raises but a bonus concession for a job well done. The accountants are still working on panorama up a commission system above base pay that could earn bonuses for sales at different levels, which will be in 2% increments up to 10% of the salespersons tote up sales for the week (Cascio, 2006, p. 436). Other incentives are Top gross sales for the quarter and year, record highs posted for the highest weekly sales for products and service that would earn a three-day weekend, lunches provided during training classes, healthy drinks and snacks provided in the office, and chance to win night-on-the-town packages. Clean-Tech is also ready to go the next... If you want to run a full essay, order it on our website: Orderessay

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