New Compensation Plan

Maritza Carvajal Week 5 Individual grant: New allowance Plan Maritza Carvajal University of Phoenix Human Resources HRM/531 Anita Orozco September 27, 2010 Maritza Carvajal Week 5 Individual Assignment: New Compensation Plan Background In the $8 billion dollar institutional and industrial cleaning and sanitation industry, success is no longer about which products best cut through the shit or kill the most germs. As the industry evolves, clients atomic number 18 more and more interested in not righteous products, but solutions and services that will streamline their cleaning efforts in the wake of more stringent requirements for environmental safety. Interclean has just acquired EnviroTech, integrity of its major domestic competitors in the bodied market. For InterClean, Inc., future lucrativeness hinges on fulfilling this emerging need. As part of the in the raw-sprung(prenominal) corporate restructure, the partnership is going to spend considerable resources in teaching and mentoring the new sales force to meet the new demands. To append and level of employee retention, I am proposing that we utilise the following new compensation plan for our new employees.

Benefits of Proposed Pay System In vagabond for InterClean to be able to obtain its corporate goals, as advantageously as to receive a good return on the money it is inventing in training its sales labor force, the company needs to first retain the members of the sales team; and second, get a line ever increasing productivity of the team. Those goals can only be accomplished over a long period of clip if offer a competitive reward system. I suppose that InterClean will benefit in moving away from our real policies of inflation and seniority is the driving force behind soften increases. It is in the companys best interest to espouse the current labor market trend in which pay-for-performance is the new mantra, (Cascio, 2005, p. 415); however, we need to be careful in the way we implement the new system. We dont want... If you want to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!