Question: Compensation System Development Using the information gathered during the job analysis of Human resource Manager take the role of an HR profession charged with developing

Compensation System Development
Using the information gathered during the job analysis of Human resource Manager take the role of an HR profession charged
with developing an incentive plan for this job. Describe in detail your compensation/incentive plan
for this job. Included in this at a minimum you should be addressing the following issues:
Review a variety of possible incentives that could be used for this job. You may consider
financial and nonfinancial incentives.
Clearly and comprehensively describe what specific incentives you would recommend for
this job that would be helpful for recruiting, motivating, and retaining employees (and would
be practical for the organization you selected). You must include at least two different
incentives in your incentive plan. Be sure to justify your decisions.
How would you determine the salary/wage for this job?
Based on what you know about this job, do you think this would be an exempt or non-exempt
position? What, if any, implications does this have for your compensation plan?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!