HRM 324 Week 5 Learning Team Total Compensation Plan
Resources: Assigned readings, Virtual Organization: Riordan Manufacturing, ERRs, the Internet, and other resources
Create a 1,200 – to 1,500 -word total compensation plan for Riordan Manufacturing. Your plan should address the following details:
· How your plan supports key objectives
· An evaluation of current trends and issues in total compensation and a prediction of future trends
· Internal and external equity
· A wage management process and rationale
· A retirement plan and how participation will be driven
· The influence of the organization’s financial condition on the total compensation plan
· How your plan will be communicated to leadership and employees
Create a Microsoft® PowerPoint® presentation of 12 to 15 slides that outlines the plan’s key components, and its stated requirements and objectives.
Format your paper consistent with APA guidelines.