Interclean Compensation Plan

InterClean recompense Proposal University of Phoenix HRM 531 December 21, 2009 MEMORANDUM TO: HR Department Manager SUBJECT: Proposal for the New Compensation Plan DATE: December 21, 2009 Over the past a couple of(prenominal) weeks we concur made a circularize of progress in the merger of InterClean and Enviro Tech. We have completed the work analysis and endurance requirements, the training and mentoring device and the performance and locomote management figure for the parvenue gross sales Department. To complete the novelty process, we moldiness now turn our efforts to develop a sunrise(prenominal) compensation plan for the members of the sales police squad. Upper management has say me to develop a saucilyfound compensation plan and circulate it to you for approval. This proposal discusses the new compensation plan for the sales team, reasons why this invent outline will work, expl ains three components of the total rewards computer software and describes the plans benefits to one-on-one team members and to the company.

The New Sales Compensation Plan I propose that we develop an admit compensation plan to attract, retain, and run our employees. This plan moldiness be in line with our new mission and business strategy. It must be base on what the company can succumb to pay in comparison to pay scale, and company competitiveness. The new pay system must be based on fairness and lawfulness. The three elements of candor cover internal equity relating to the actual worth of the prank to the organization, external equity applic! ation program wages based on market rates removed the organization and individual equity which considers if to each one individuals rate of pay is fair and sex act to that of others that do the same job indoors a team (Cascio, 2006). To develop the new compensation system InterClean will have to look at assigning monetary value to each job. We have updated the... If you want to get a full essay, company it on our website: OrderCustomPaper.com

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