Specifically, you will write a 4–6 page paper in which you: Research the components of an effective compensation plan.Determine the most beneficial ratio of internally consistent and market consistent

Specifically, you will write a 4–6 page paper in which you:

1. Research the components of an effective compensation plan.
2. Determine the most beneficial ratio of internally consistent and market consistent compensation systems.
   • Be sure your narrative is in your own words.
3. Research the methods companies use to assess employee satisfaction with their pay structure.
4. Outline how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive.
5. Recommend two high value discretionary benefits to employees.
   • Be sure to include your rationale for selecting these high value discretionary benefits as opposed to others.
6. Integrate at least three quality resources using in-text citations and a reference page in your assignment.