Career Development Plan

Career Development Plan Part 4 salary Proposal Compensation plans are systems based on cost containment, allowance and benefit levels based on what a ships company throne afford, and programs that encourage and reinforcing stimulus performance. In general, pay systems are intentional to attract, retain, and motivate employees; achieve internal, external, and individual equity; and maintain a balance in relationships between direct and indirect forms of compensation tied to the strategic mission of an organization(Cascio, 2006, p. 430). The most powerful incentive plans are simple, specific, attainable, and measurable. The innovative compensation or reward system will be comprised of financial and non-financial agents. The financial component will be based on direct payments, salaries verbalised as base pay and bonuses and indirect payments expressed as benefits that will include a comprehensive benefits package (medical, dental, etc.), employee involvement in decision-making, effective supervision, training opportunities, and a supportive and nurturing company culture. Directing attention first to the salaries, such reward systems moldiness bridge the gap between organizational objectives and individual expectations and aspirations (Cascio, 2006. p. 419). The new team is comprised of six outside sales representatives (OSR).

Three members of the team were former EnviroTech employees whom were paid a base salary. The other tether were InterClean employees, two of which were paid straight commissions, and the third was paid a base salary plus commission but was in-process to deepen to straight commission. A comprehensive evaluation of the salary of to each one member was completed along with analysis of the market set of the OSR responsibilities based on the new strategic direction into solution-service sales approach requiring a team approach to customer needs. due(p) to the team approach, a pay structure must run into these factors equitably. The pay structure recommendation is as follows: 1)Base... If you want to get hold of a full essay, order it on our website: Orderessay

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