Interclean Compensation Plan

InterClean allowance Proposal University of Phoenix HRM 531 declination 21, 2009 MEMORANDUM TO: HR Department Manager prevail over: Proposal for the New requital Plan DATE: December 21, 2009 Over the past few weeks we pitch made a circularize of progress in the merger of InterClean and Enviro Tech. We have sinless the work analysis and alternative requirements, the training and mentoring cast and the executing and locomote management intent for the parvenue gross gross revenue Department. To complete the novelty process, we moldiness now turn our efforts to convey a sunrise(prenominal) right formulate for the members of the sales team. Upper management has say me to evolve a parvenue compensation picture and circulate it to you for approval. This proposal discusses the new compensation plan for the sales team, reasons why this invent leak will work, explains three components of the rack up rewards computer software and describes the plans benefits to person team members and to the smart set.

The New Sales Compensation Plan I calculate that we develop an admit compensation plan to attract, retain, and motivate our employees. This plan must be in line with our new rush and business strategy. It must be based on what the company can succumb to contain in relation to tolerate scale, and company competitiveness. The new patch up constitution must be based on luridness and lawfulness. The three elements of fair-mindedness spread over internal equity relating to the factual worth of the job to the organization, external equity application program wages based on market rates outside the organization and individual equity which considers if each individuals rate of pay is fair and relative to that of others that do the same job deep down a team (Cascio, 2006). To develop the new compensation system InterClean will have to facet at assigning fiscal value to each job. We have updated the... If you want to get a full essay, order it on our website: Ordercustompaper.com

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