Career Development Plan Iv

C areer Development Plan IV Compensation HRM 531 December 13, 2010 The InterClean alliance has had many changing taking place with the merger with EnviroTech and with a reinvigorated strategic directions upper management wants a new compensation plan for the team. This compensation plan will engage to work for all(prenominal) individual employee on a fundament that works for individually member with what they penury from the association. We give birth already gone through the job analysis and selection method, dressing and mentoring programs and performance and career management plans so the next pure tone to complete will be the compensation plans for the sales team which will accommodate each member. We need to have a plan that will attract, propel and keep the employees. Employees expect a compensation plan and hope luxurianty this plan will motivate the sales team to give the company what it needs and the employees what they need in return. Compensation Plan Now a day having the one-size fits-all go on to employee benefits does not work (Cascio, 2006). Sometimes the company will have double income families who asshole cover insurance while others are single parents and need polar compensations. So it may be in the best interest of the company to approach different interest for the diversity of the employees.

Instead of using a regulation compensation plan it may be best to intake a cafeteria benefits plan, which is instead of all workers getting the same benefits, each worker can pick and choose among alternative options (Cascio, 2006). The employees can chose the basic plan or the optional plan, which will transform in price and options. With a sales team at that place will be inside and outside sales members and the company will need to have base salary for each with commissions for the outside sales people. Since outside sale will be working with the companies personally the commission will be base on the sales and working under nonfinancial reinforcing stimulus system (Cascio, 2006). Since inside sales will not be bringing in the... If you want to get a full essay, order it on our website: Ordercustompaper.com

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