components of an effective compensation plan

Determine the most beneficial ratio of internally consistent and market consistent compensation systems.

3. Research the methods companies use to assess employee satisfaction with their pay structure.

4. Outline how companies determine whether their employer-sponsored retirement plans and health insurance programs are competitive.

5. Recommend two high value discretionary benefits to employees.

o Be sure to include rationale for selecting these high value discretionary benefits as opposed to others.

6. Integrate at least three quality resources using in-text citations.

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