Compensation and Benefits Revision

    • Due Feb 08, 11:59 PM
    • Not Submitted
    • POINTS 5
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Research the standards used for compensation and benefits by 2 or 3 organizations in the retail trade industry as well as the industry as a whole.

Acting as the VP of HR of one of these organizations, develop a revision to a compensation and benefit standard that will help align your company with the national standard and attract quality employees.

Prepare a 350- to 700-word memo in which you recommend your revision to the director or upper management of the organization. Use your research to support your recommendation and include the following:

  • Compare your current standards with those of the other companies and the industry as a whole. 
  • Explain the changes to compensation and benefit strategies you will include.
  • Explain other incentive techniques you would consider to align your company with industry standards.
  • Explain the motivational strategies that would benefit your sales team and/or front-line.
  • Organize a timeline for implementation.

Cite your research and format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.