Professional Custom Accounting papers: Develop a communications plan regarding how employees will be informed about the compensation plan. Define the sequence of communications considering the who, what, and when of the message.
Will the organization meet, lead, or lag the local market? Explain your rationale.
B. Identify alternative pay methods and discuss the advantages and disadvantages of each.
C. What benefits will you offer? Include statutory benefits. What are the costs of those benefits? What is the rationale for offering those benefits?
D. Develop a communications plan regarding how employees will be informed about the compensation plan.
Define the sequence of communications considering the who, what, and when of the message.