Compensation Plan

Instructions

Select a company for which you would like to work and determine the necessary components of an attractive compensation plan.

Requirements

Write a 5–7-page paper in which you:

· Describe (briefly) your “dream job” with the selected company.

· Create a rewards and compensation package for this position that would attract skilled workers and control costs.

· Create a benefits package for this position that is competitive and advantageous to the company.

· Speculate on how the negotiating and collective bargaining of this position would contribute to the company’s talent management strategy for retaining high performing employees, including your rationale.

· Create a compensation package for a position that considers the impact of collective bargaining on organizational goals.