HRM 324 Week 5 Total Compensation Plan

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Week 5 Total Compensation PlanResources: Assigned readings, Virtual Organization: Riordan Manufacturing, ERRs, the Internet, and other resourcesCreate a 1,750- to 2,450-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.Click the Assignment Files tab to submit your assignment.
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