Question: We recommend that you submit Assignment 3 at the end of Module 9. It contributes 15% towards your final grade. In Assignment 2, you created

We recommend that you submit Assignment 3 at the end of Module 9. It contributes 15% towards your final grade. In Assignment 2, you created a compensation plan for Alliston Instruments, considering carefully the case found in the Appendix of your Strategic Compensation in Canada textbook. Review the compensation strategy that you developed in Assignment 2. In an essay of approximately 1,400-1,600 words, create a total rewards plan which includes the following: Define the wage/salary range for the following positions: Component Producers Assembly Producers Supervisors Hint Use the salary survey process/websites used in Module 7. Describe why you established the wage levels at the rates you selected. Be thorough in your explanation, and show how you used the salary survey process to arrive at your wage levels. Assume that you will be recommending an improved incentive/pay for performance system for Alliston Instruments. Considering the concepts you have learned in this course, write a plan for the implementation of profit sharing as a part of the total compensation plan. In addition, describe the role that performance appraisals will play in this plan. With a budget of $600/month and using the table found in Activity 4 (above), design a benefits plan for the employees. Describe this benefits plan and justify why you chose the specific benefits.

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