HRM 531 Week 5 Career Development Plan 4 Compensation
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HRM 531 Week 5 Career Development Plan 4 Compensation
Career Development Plan Part IV—Compensation
Because InterClean is embarking on a new strategic direction, upper management has
asked you to suggest a new compensation plan specifically for your team. Propose your
ideas and rationale to the human resource department manager for approval.
Review the completed Week One assignment, Management Behavior, the Week
Two assignment Career Development Plan Part I—Job Analysis and Selection, the
Week Three assignment Career Development Plan Part II—Development of a
Training and Mentoring Program, and the completed Week Four assignment Career
Development Plan Part III—Performance and Career Management.
Write a 700- to 1,050 word proposal that includes the following information:
o Describe a new compensation plan for your employment team.
o Explain why your pay system will work.
o Describe three components of a total rewards package that would motivate
employees to reach peak performance.
o Describe your compensation plan’s benefits to the individual as well as to the
company.
Note. APA format is not required for this proposal; however, you must include a title
page and a reference page.
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