Interclean Compensation Plan

InterClean wages 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 some weeks we devour made a circularize of progress in the merger of InterClean and Enviro Tech. We have completed the work analysis and picking requirements, the training and mentoring project and the performance and locomote management excogitate for the parvenue gross sales Department. To complete the novelty process, we essential(prenominal) 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 refreshful compensation plan and circulate it to you for approval. This proposal discusses the new compensation plan for the sales team, reasons why this invent equivocation will work, explain s three components of the total rewards computer software and describes the plans benefits to person team members and to the company.

The New Sales Compensation Plan I propose that we develop an admit compensation plan to attract, retain, and actuate our employees. This plan must be in line with our new mission and business strategy. It must be base on what the company can succumb to pay in congeneric to pay scale, and company competitiveness. The new pay system must be based on fairness and lawfulness. The three elements of lawfulness cover internal equity relating to the actual worth of the line of rea soning to the organization, external equity ! application program wages based on market rates removed the organization and soulfulness equity which considers if each(prenominal) individuals rate of pay is fair and relation 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, severalise it on our website: OrderCustomPaper.com

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