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XYZ Corp started as a small business and tripled in size. It has 150 employees. XYZ Corp ships books nationwide and consists of union workers. The Packers Union is strong and growing. Because of rapid growth, XYZ Corp's compensation and reward system are out dated. The Packers Union is demanding an organizational review because they feel the company's compensation is below industry standards. The Packers Union representative, Jack Frost, indicated changes need to be made immediately because retention levels are dropping. Frost informed XYZ Corp he will present his concerns at the next board meeting. Task
XYZ Corp has asked its CEO, Tom Evers, to develop a compensation program satisfying union employees.
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