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Create a 7- to 10-slide Microsoft PowerPoint presentation with visuals and speaker notes outlining performance-based total compensation plans for two...
Create a 7- to 10-slide Microsoft® PowerPoint® presentation with visuals and speaker notes outlining performance-based total compensation plans for two organizations. The organizations must be in different industries, have different employee groups, and utilize different pay strategies.
Include the following in your presentation:
- Describe the pay strategies being used. Since the organizations have different employee groups, the key objectives for each group should be different.
- Address how pay is used to drive organizational objectives. Include whether or not unions have a role in any of the pay strategies.
- Assess direct and indirect reward plans available to two types of employee positions.
- The total reward plans that are offered.
- The similarities and differences that exist among the plans.
- How well each organization's reward plan supports expectations.
- Determine which organization has better aligned pay and rewards with key objectives