Points: 300
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Assignment 2: Compensation Plan Outline
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Criteria
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Unacceptable
Below 60% F
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Meets Minimum Expectations
60-69% D
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Fair
70-79% C
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Proficient
80-89% B
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Exemplary
90-100% A
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1. Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale.
Weight: 15%
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Did not submit or incompletely evaluated the existing compensation plan to determine if it is the most appropriate for your company. Did not submit or incompletely explained your rationale.
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Insufficiently evaluated the existing compensation plan to determine if it is the most appropriate for your company. Insufficiently explained your rationale.
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Partially evaluated the existing compensation plan to determine if it is the most appropriate for your company. Partially explained your rationale.
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Satisfactorily evaluated the existing compensation plan to determine if it is the most appropriate for your company. Satisfactorily explained your rationale.
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Thoroughly evaluated the existing compensation plan to determine if it is the most appropriate for your company. Thoroughly explained your rationale.
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2. Determine the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
Weight: 15%
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Did not submit or incompletely determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
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Insufficiently determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
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Partially determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
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Satisfactorily determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
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Thoroughly determined the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
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3. Evaluate the current pay structure used by your company and assess the recognition of employee contributions.
Weight: 20%
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Did not submit or incompletely evaluated the current pay structure used by your company and did not submit or incompletely assessed the recognition of employee contributions.
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Insufficiently evaluated the current pay structure used by your company and insufficiently assessed the recognition of employee contributions.
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Partially evaluated the current pay structure used by your company and partially assessed the recognition of employee contributions.
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Satisfactorily evaluated the current pay structure used by your company and satisfactorily assessed the recognition of employee contributions.
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Thoroughly evaluated the current pay structure used by your company and thoroughly assessed the recognition of employee contributions.
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4. Make two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
Weight: 20%
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Did not submit or incompletely made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
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Insufficiently made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
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Partially made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
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Satisfactorily made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
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Thoroughly made two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
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5. 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.
Weight: 15%
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Did not submit or incompletely evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected. Did not submit or incompletely compared them to that company’s major competitors.
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Insufficiently evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and insufficiently compared them to that company’s major competitors.
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Partially evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and partially compared them to that company’s major competitors.
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Satisfactorily evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and satisfactorily compared them to that company’s major competitors.
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Thoroughly evaluated the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and thoroughly compared them to that company’s major competitors.
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6. 3 references
Weight: 5%
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No references provided
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Does not meet the required number of references; all references poor quality choices.
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Does not meet the required number of references; some references poor quality choices.
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Meets number of required references; all references high quality choices.
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Exceeds number of required references; all references high quality choices.
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7. Clarity, writing mechanics, and formatting requirements
Weight: 10%
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More than 8 errors present
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7-8 errors present
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5-6 errors present
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3-4 errors present
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0-2 errors present
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