Explain whether you will or will not implement a formal performance evaluation process and defend why or why not.

$2.$ Describe reward system you will use to motivate your employees, in detail, and why you have included each element $($base pay, commission, bonus, stocks, benefits, holiday, vacation, etc. $($the list is endless, so be creative!$).$

$3.$ Describe your approach to rolling out and managing the change process required to transition from the current reward system to your new system.

a$.$ What strategies will you use to manage the change?

b$.$ Will you be transparent in your communication or does some compensation information remain confidential?

c$.$ What are the most likely roadblock or resistance to change and how will you plan proactively for success?