Describe exactly how and on what basis job holders will be compensated. Be specific about your compensation plan. Use the motivation theories from the class to support/justify your compensation package.  Describe exactly how your pay plan will foster motivation and focus (think GOALS here). Are there any potential drawbacks to your pay plan? 

Answer rating: 100% (QA)

Compensation Plan 1 Base Salary Job holders will receive a base salary determined by factors such as their position experience and market standards This base salary will provide financial stability an... View the full answer