Graded Homework

Assignment 2: Compensation Plan Outline
Using the same company you researched in Assignment 1, evaluate the company’s
compensation plan to determine how it could be improved.   apple

Write a five page paper in which you:

Evaluate the existing compensation plan to determine if it is the most appropriate for
your company. Explain your rationale.

Determine the most beneficial ratio of internally consistent and market consistent
compensations systems for the company you selected.

Evaluate the current pay structure used by your company and assess the recognition of
employee contributions.

Make two (2) recommendations for improving the effectiveness of the discretionary
benefits provided by the company you selected.

Evaluate the types of employer-sponsored retirement plans and health insurance
programs provided by the company you selected and compare them to that company’s
major competitors.

Use at least three (3) quality references. Note: Wikipedia and other Websites do not
qualify as academic resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins
on all sides; references must follow APA or school-specific format. Check with your
professor for any additional instructions.

Include a cover page containing the title of the assignment, the student’s name, the
professor’s name, the course title, and the date. The cover page and the reference page
are not included in the required page length.

The specific course learning outcomes associated with this assignment are:

Evaluate the effectiveness of traditional bases for pay (seniority and merit) against
incentive-based and person-focused compensation approaches.

Compare and contrast internally consistent and market-competitive compensation
systems.

Evaluate the role of benefits in strategic compensation.

Use technology and information resources to research issues in compensation
management.

Write clearly and concisely about compensation management using proper writing
mechanics.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and
language and writing skills, using the following rubric.
Please click here to view the grading rubric.