Benefits and the compensation budget

Benefits and the compensation budget

Phase IV: Benefits and the compensation budget—part of the final document  

In this phase, you will focus on benefits and the compensation budget.

·  What benefits will be offered with the company plan?

·  Develop a budget and projection for total compensation for five years. Project the costs for each program included in your plan for all phases in the project.

·  Consider your percentage of sales for the organization in year one through year five. You are not required to project the company sales volume. Will the company be able to maintain the sales increases to support your proposed pay increases annually?

Need 8 to 9 pages .

·  I need for you to consolidate the 4 parts into one full project.  Thank you.

Phase_iii_market_data_and_merit_program Phase_ii Phase_1

Answer Preview

In an effort for any company to be successful, it is important to make sure that they are able to have their employees satisfied. With the ever changing job market, it has become necessary to offer employees more incentives in addition to the wages they get…

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