Explain the type of compensation system

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Reference no: EM131228735

Identify a real-world company and imagine that you have just been named its HR manager. You are coming in at a time when the compensation system needs to be overhauled, and planning a new system will be your first job in this new role. Complete the following assignment:

a) Explain the type of compensation system you will design and what issues you foresee.

b) Determine whether or not you are interested in using a total rewards program and why.

c) Explain how your compensation system will initially be structured to provide base pay and pay structures, and to allow for pay increases.

d) Describe how your plan meets legal restrictions associated with compensation.


Reference no: EM131228735

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