Career Development Plan Part Iv: Compensation

HRM/531 June 13, 2011 Robert Enderle Career Development Plan Part IV: Compensation The conterminous footstep in the career development design is to give a compensation plan that motivates, draws people, and retains talent. It is critical that the compensation plan aligns with the new strategic direction of the organization. Compensation, which allow ins direct cash payments, verifying payments in the form of employee benefits, and incentives to motivate employees to strive for higher levels of productivity (Cascio, 2008). We have designed the following compensation plan for the gross sales team at InterClean. This plan will allow InterClean to pillow competitive because it is attractive, and addresses the needs of our employees. From this compensation plan, we hope it will have a sense of belonging; personal involvement in the development and the financial success for InterClean and to motivate the sales team to remain loyal, interested, and committed to InterClean. Organizations that learn what satisfies employee will gain the march on in increasing customer satisfaction, retaining employees, competing for top talent and operate success (More employees satisfied, 2008). Through this compensation plan, it will be found on benefits and incentives.

Benefits are kind to full-time employees which is defined as working a minimum of nine months of a twelve-month full point or at least 1,040 hours (.53 Full-Time Equivalent [FTE]) per twelvemonth on a continuing basis. Benefits refer to products, services, and/or entitlements do accessible to the sales team at InterClean. Benefits that are provided include retirement plans, health/life/long-term disability insurance, pliant benefits, annual and sick leave, etc. Incentives will be accessible to the sales team as commissions, bonuses, and awards. Awards are based on performance, organizational allegiance, above and beyond the average, and create a specialized business environment. The key is the incentives in the compensation... If you want to get a full essay, order it on our website: Orderessay

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