Professional Custom Accounting: Compare any differences that should be made for employees living and working in Germany and in Japan.
Your report should include the following: 1.The core of the benefits package [e.g., insurance, paid time off (PTO), and retirement programs]. 2.Lifestyle benefits with appropriate summary details on each of these benefits. 3.Classification of the percentage of the total compensation budget that should be allocated for the benefits plan. 4.Annual adjustments to individual base pay. Be specific. Determine the extent (if any) to which adjustments to base pay should be tied to seniority, cost-of-living, or performance, or a specified combination of these. Indicate any difference in guidelines for adjustments that should differ for specific occupational groups and/or geographical locations. 5.Short-term and long-term incentive, or pay-for-performance plans, including whether the incentives should be based on individual, team/group, or organization-wide performance. 6.Compare any differences that should be made for employees living and working in Germany and in Japan. 7.Provide rationale for how well your plan meets the most important criteria MPBS provided you in the beginning of the assignment. 8.Distinguish how your plan will motivate employees to best align themselves to MPBS’s goals. Briefly describe the motivational theories that support your reasoning and tie the theories to the different parts of your plan. 9.Evaluate how the components of the recommended compensation plan shape a consistent message to employees and summarize the message the plan conveys.
