Interclean Compensation Plan

InterClean earnings Proposal University of Phoenix HRM 531 December 21, 2009 MEMORANDUM TO: HR Department Manager SUBJECT: Proposal for the New Compensation Plan DATE: December 21, 2009 Over the past a couple of(prenominal) weeks we welcome made a circularize of progress in the merger of InterClean and Enviro Tech. We have completed the work analysis and excerpt requirements, the training and mentoring programme and the performance and locomote management externalise for the parvenue gross sales Department. To complete the novelty process, we moldiness now turn our efforts to develop a sunrise(prenominal) compensation plan for the members of the sales squad. Upper management has say me to develop a tonicfound compensation plan and circulate it to you for approval. This proposal discusses the new compensation plan for the sales team, reasons why this invent outline will work, explain s three components of the total rewards computer software and describes the plans benefits to case-by-case team members and to the company.

The New Sales Compensation Plan I propose that we develop an admit compensation plan to attract, retain, and prompt our employees. This plan must be in line with our new mission and business strategy. It must be found on what the company can succumb to pay in affinity to pay scale, and company competitiveness. The new pay system must be based on fairness and lawfulness. The three elements of justness cover internal equity relating to the actual worth of the bank line to the o rganization, external equity application pr! ogram wages based on market rates removed the organization and case-by-case equity which considers if all(prenominal) individuals rate of pay is fair and congress to that of others that do the same job indoors a team (Cascio, 2006). To develop the new compensation system InterClean will have to look at assigning monetary value to each job. We have updated the... If you want to get a full essay, aver it on our website: OrderCustomPaper.com

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