Question: Compensation Plan Purpose: Ensuring that an organization has the appropriate job description is only part of preparing for a new employee. In this assignment, you

Compensation Plan

Purpose:

Ensuring that an organization has the appropriate job description is only part of preparing for a new employee.

In this assignment, you will gain experience in:

  • Determining the compensation to be paid to the new employee

Instructions:

Based on the Cannabis industry, develop a compensation plan for the position. This is a written assignment and should be 2-3 pages double spaced.

Compensation Plan: The pay and rewards program combine direct and indirect compensation. It would help if you created a compensation plan with a mix of direct and indirect payments. You must perform research to establish this and provide a summary rationale for the elements you elected to include in your plan.

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