Compensation plan

  Provide a descriptive outline of your final compensation plan utilizing the following points as part of your total compensation plan: Introduction of the company, its mission statement, organization type, industry and competitors. The Pay Model. For guidance, review The Pay Model Chapter. Job Evaluation Methods. For guidance, review the Job-Based Structures and Job Evaluation Chapter. Job Based or Person Based Structures. For guidance, review the Person-Based Structures Chapter. Organizational Pay Levels. For guidance, review the Designing Pay Levels, Mix, and Pay Structures Chapter. Motivation Theories. For guidance, review the Pay-for-Performance: The Evidence Chapter. Individual or Group Based Performance Plans. For guidance, review the Pay-for-Performance Plans Chapter.