Question: After reading chapter 11 you are to develop an introductory compensation plan for a company that has $ 100,000 to spend on salaries and hourly
After reading chapter 11 you are to develop an introductory compensation plan for a company that has $ 100,000 to spend on salaries and hourly workers per month. There are four salaried employees; Manager and three assistant managers. There are 65 hourly employees; 5 shift leaders, 10 assistant shift leaders, and 50 shift workers. Hourly employees are to work 40 hours per week. No need to include FICA, SS, Medical etc. deductions for employees. Justify differences in salaries and hourly rates.
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