Reflection for Business Human Resources

 
Good evening class
In 2 pages max (double space, 12 size/Arial), please answer ALL questions. Please save your document with your full name. (See example: Kenneth_Ramirez_reflection4). Please email before or by 10/26/2021. Thank you!
P.S Late submissions are penalized by 20%.
Step 1: Imagine yourself as a compensation specialist and design a pay system for a company of your choosing.

Before you begin designing, identify key decision points when considering pay for performance and determine the factors that conclude about organizational readiness for pay performance. Use material from chapter 9 & 10 to support your response.

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Examples to include are below:

Compensation components
Pay-per-performance standard
Types of Incentives plans

Step 2: Pros and Cons

Evaluate the pros and cons of your DESIGN PAY SYSTEM and make suggestions about how employees should be rewarded, as well as identify limitations that you encountered while designing.

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