compensation Plan Outline business and finance homework help
Using the company Walmart, evaluate the company’s compensation plan to determine how it could be improved.
Write a six (6) 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 four (4) quality references. Note: Wikipedia and other
Websites do not qualify as academic resources.