Question: This course project is an individual assignment. You will be preparing a compensation plan for a start - up boutique hotel chain preparing to launch
This course project is an individual assignment. You will be preparing a compensation plan for a startup boutique hotel chain preparing to launch in five locations across the country. These new hotels are currently under construction in Manhattan, Chicago, Miami, Houston, and Los Angeles, and are expected to open in about months. The hotels are small, to rooms depending on the city, and luxurious. The hotels will appeal to a select clientele. The marketing approach taken by the hotels is being defined and is not part of this assignment.
The CEO of your new organization believes in a very collaborative approach to management. They also believe that everyone in the organization should be working on stretch assignments. Your task force is the first to receive this stretch assignment, which is the Course Project.
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